Curtiss-Wright Corporation (CW)
Gross profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,153,549 | 1,140,848 | 1,124,053 | 1,099,525 | 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 |
| Revenue (ttm) | US$ in thousands | 3,762,156 | 3,695,656 | 3,621,064 | 3,540,669 | 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 |
| Gross profit margin | 30.66% | 30.87% | 31.04% | 31.05% | 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% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,153,549K ÷ $3,762,156K
= 30.66%
The gross profit margin of Curtiss-Wright Corporation has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The margin started at 35.94% in March 2020, showing relative stability around the mid-thirties for the next few quarters. However, there was a slight decline to 30.28% by December 2021.
Following the dip, the gross profit margin started to recover gradually, reaching a peak of 36.42% in September 2021. However, the margin then experienced a downward trend, hovering around 30% for most of the period after March 2022, with minor fluctuations.
The latest reported gross profit margin as of December 31, 2024, was 30.66%. This signifies a lower level compared to the peak seen in September 2021. The downward trend in the gross profit margin could indicate potential challenges in maintaining profitability, possibly due to factors such as cost pressures, pricing strategies, or changing market dynamics. It may be crucial for Curtiss-Wright Corporation to assess and address the factors influencing its gross profit margin to sustain and improve its financial performance in the future.
Peer comparison
Dec 31, 2024