Catalent Inc (CTLT)

Gross profit margin

Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020
Gross profit US$ in thousands 953,000 1,040,000 1,614,000 1,352,000 983,000
Revenue US$ in thousands 4,381,000 4,263,000 4,802,000 3,998,000 3,094,000
Gross profit margin 21.75% 24.40% 33.61% 33.82% 31.77%

June 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $953,000K ÷ $4,381,000K
= 21.75%

Catalent Inc's gross profit margin has shown a declining trend over the past five years, decreasing from 31.77% in 2020 to 21.75% in 2024. This indicates that the company is generating less gross profit relative to its revenue in recent years. A lower gross profit margin could be attributed to various factors such as increasing production costs, pricing pressure, or inefficiencies in production processes. It is essential for Catalent Inc to closely monitor and address the drivers behind this declining trend to maintain profitability and competitiveness in the industry.