Catalent Inc (CTLT)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 965,000 | 953,000 | 784,000 | 735,000 | 951,000 | 1,040,000 | 1,287,000 | 1,530,000 | 1,548,000 | 1,614,000 | 1,591,000 | 1,534,000 | 1,427,000 | 1,352,000 | 1,247,600 | 1,120,400 | 1,054,600 | 983,300 | 905,200 | 865,100 |
| Revenue (ttm) | US$ in thousands | 4,422,000 | 4,381,000 | 4,135,000 | 4,098,000 | 4,223,000 | 4,263,000 | 4,495,000 | 4,731,000 | 4,799,000 | 4,802,000 | 4,703,000 | 4,483,000 | 4,177,000 | 3,998,000 | 5,904,000 | 5,611,600 | 5,422,000 | 5,240,700 | 2,872,400 | 2,729,300 |
| Gross profit margin | 21.82% | 21.75% | 18.96% | 17.94% | 22.52% | 24.40% | 28.63% | 32.34% | 32.26% | 33.61% | 33.83% | 34.22% | 34.16% | 33.82% | 21.13% | 19.97% | 19.45% | 18.76% | 31.51% | 31.70% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $965,000K ÷ $4,422,000K
= 21.82%
The gross profit margin of Catalent Inc has shown fluctuations over the past several periods. The trend indicates a gradual decline from above 30% to below 20% in recent quarters. It peaked at 34.22% in the first quarter of 2022 but has been on a downward trajectory since then. This decrease might be a cause for concern as a lower gross profit margin could indicate challenges in managing production costs relative to revenues. Further investigation into the company's cost structure and pricing strategies may be warranted to understand the drivers behind the fluctuating gross profit margin.
Peer comparison
Sep 30, 2024