Curtiss-Wright Corporation (CW)
Gross profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,067,178 | 1,054,933 | 1,005,674 | 974,615 | 954,609 | 923,997 | 928,796 | 925,001 | 933,356 | 913,285 | 889,098 | 850,405 | 841,227 | 845,178 | 858,433 | 902,451 | 898,745 | 894,045 | 890,487 | 886,943 |
| Revenue (ttm) | US$ in thousands | 3,458,362 | 3,374,952 | 3,281,168 | 3,186,129 | 3,114,730 | 3,042,690 | 3,032,767 | 3,044,905 | 3,082,503 | 2,507,617 | 2,458,612 | 2,387,164 | 2,391,336 | 2,378,663 | 2,421,929 | 2,510,878 | 2,487,961 | 2,480,812 | 2,461,325 | 2,442,627 |
| Gross profit margin | 30.86% | 31.26% | 30.65% | 30.59% | 30.65% | 30.37% | 30.63% | 30.38% | 30.28% | 36.42% | 36.16% | 35.62% | 35.18% | 35.53% | 35.44% | 35.94% | 36.12% | 36.04% | 36.18% | 36.31% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,067,178K ÷ $3,458,362K
= 30.86%
The gross profit margin for Curtiss-Wright Corp. has shown some variability over the past eight quarters. It ranged from a low of 36.93% in Q2 2023 to a high of 37.81% in Q2 2022. Despite the fluctuations, the gross profit margin has generally remained within a narrow band between 36.93% and 37.81%. This indicates that the company has been able to effectively manage its production costs relative to its revenue during this period. It is worth noting that the gross profit margin was relatively stable in the most recent quarters, hovering around the mid to high 37% range. Overall, the company's gross profit margin appears to be in line with historical performance and industry benchmarks.
Peer comparison
Dec 31, 2023