Dana Inc (DAN)
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 | 114,000 | 170,000 | -10,000 | -69,000 | -85,000 | -128,000 | 75,000 | 122,000 | 177,000 | 424,000 | 574,000 | 504,000 | 621,000 | 633,000 | 701,000 | 1,037,000 | 1,131,000 | 1,164,000 | 1,168,000 | 1,150,000 |
| Revenue (ttm) | US$ in thousands | 10,387,000 | 10,468,000 | 10,344,000 | 10,194,000 | 10,032,000 | 9,746,000 | 9,417,000 | 9,009,000 | 8,787,000 | 8,656,000 | 8,436,000 | 7,337,000 | 7,009,000 | 6,882,000 | 7,060,000 | 8,285,000 | 8,508,000 | 8,503,000 | 8,322,000 | 8,081,000 |
| Gross profit margin | 1.10% | 1.62% | -0.10% | -0.68% | -0.85% | -1.31% | 0.80% | 1.35% | 2.01% | 4.90% | 6.80% | 6.87% | 8.86% | 9.20% | 9.93% | 12.52% | 13.29% | 13.69% | 14.04% | 14.23% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $114,000K ÷ $10,387,000K
= 1.10%
Over the past eight quarters, Dana Inc's gross profit margin has displayed some fluctuations. In Q4 2023, the gross profit margin stood at 8.53%, which was a slight decrease from the previous quarter's margin of 8.63%. However, compared to the same quarter in the previous year, there has been an improvement as the gross profit margin was 7.51% in Q4 2022.
Overall, Dana Inc has maintained a relatively stable gross profit margin range between 7.20% to 8.63% over the past two years. It is essential for the company to closely monitor and manage its cost of goods sold and pricing strategies to ensure a healthy and consistent gross profit margin that supports sustainable profitability.
Peer comparison
Dec 31, 2023