Curtiss-Wright Corporation (CW)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,153,550 | 1,067,180 | 954,609 | 933,356 | 841,227 |
| Revenue | US$ in thousands | 3,121,200 | 2,796,860 | 2,510,060 | 2,464,460 | 2,391,340 |
| Gross profit margin | 36.96% | 38.16% | 38.03% | 37.87% | 35.18% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,153,550K ÷ $3,121,200K
= 36.96%
Based on the data provided, Curtiss-Wright Corporation has shown a steady increase in its gross profit margin over the past five years. The gross profit margin increased from 35.18% as of December 31, 2020, to 37.87% as of December 31, 2021, further increasing to 38.03% as of December 31, 2022. There was a slight uptick to 38.16% by December 31, 2023, before experiencing a slight decline to 36.96% by December 31, 2024.
Overall, the company has demonstrated an improvement in its ability to generate profit from its core operations over the period under review. However, the slight decrease in the gross profit margin in the most recent year may warrant further investigation to understand the factors contributing to this decline and assess its potential impact on the company's financial performance.
Peer comparison
Dec 31, 2024