Dana Inc (DAN)
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 | 855,000 | 887,000 | 878,000 | 903,000 | 900,000 | 916,000 | 883,000 | 795,000 | 763,000 | 711,000 | 714,000 | 783,000 | 837,000 | 920,000 | 928,000 | 666,000 | 621,000 | 633,000 | 701,000 | 1,037,000 |
| Revenue (ttm) | US$ in thousands | 10,284,000 | 10,443,000 | 10,636,000 | 10,646,000 | 10,555,000 | 10,616,000 | 10,482,000 | 10,320,000 | 10,156,000 | 9,874,000 | 9,543,000 | 9,162,000 | 8,945,000 | 8,780,000 | 8,570,000 | 7,443,000 | 7,106,000 | 6,985,000 | 7,155,000 | 8,383,000 |
| Gross profit margin | 8.31% | 8.49% | 8.25% | 8.48% | 8.53% | 8.63% | 8.42% | 7.70% | 7.51% | 7.20% | 7.48% | 8.55% | 9.36% | 10.48% | 10.83% | 8.95% | 8.74% | 9.06% | 9.80% | 12.37% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $855,000K ÷ $10,284,000K
= 8.31%
Dana Inc's gross profit margin has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 12.37% in March 2020, decreasing to 7.20% by September 30, 2022, before gradually increasing to 8.31% by December 31, 2024.
The decline in gross profit margin from 12.37% in March 2020 to 7.20% in September 2022 indicates potential challenges in managing production costs relative to sales revenue during that period. However, the subsequent recovery and stabilization of the margin above 8% from March 2023 to December 2024 suggest that Dana Inc made efforts to improve cost control and operational efficiency.
Overall, the trend in Dana Inc's gross profit margin reflects the company's ability to adapt to changing market conditions and manage its cost structure effectively to sustain profitability over the analyzed period.
Peer comparison
Dec 31, 2024