Embecta Corp (EMBC)

Gross profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022
Gross profit	US$ in thousands	735,200	749,900	774,900
Revenue	US$ in thousands	1,118,700	1,112,000	1,126,300
Gross profit margin		65.72%	67.44%	68.80%

September 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $735,200K ÷ $1,118,700K
= 65.72%

The gross profit margin of Embecta Corp has shown a declining trend over the past three years, decreasing from 68.80% in 2022 to 67.44% in 2023, and further to 65.72% in 2024. This indicates a decreasing ability to generate profits from sales after accounting for the cost of goods sold. The declining trend suggests potential challenges in managing production costs or pricing strategies that may have impacted the company's profitability over the period. Investors and stakeholders may want to further investigate the reasons behind this decline and assess the company's overall performance and competitive position in the industry.