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

Company name
Symbol
Gross profit margin
Curtiss-Wright Corporation
CW
30.86%
Eaton Corporation PLC
ETN
36.11%
Enerpac Tool Group Corp
EPAC
51.06%