Emerson Electric Company (EMR)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 8,885,000 | 7,427,000 | 6,306,000 | 7,563,000 | 7,009,000 |
| Revenue | US$ in thousands | 17,435,000 | 15,115,000 | 19,622,000 | 18,267,000 | 16,785,000 |
| Gross profit margin | 50.96% | 49.14% | 32.14% | 41.40% | 41.76% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $8,885,000K ÷ $17,435,000K
= 50.96%
The gross profit margin of Emerson Electric Company has shown fluctuations over the past five years. In Sep 30, 2024, the gross profit margin improved to 50.96% from 49.14% in Sep 30, 2023. This indicates that the company was able to generate more profit from its sales after deducting the cost of goods sold in the most recent year.
In contrast, the gross profit margin was significantly lower in Sep 30, 2022, at 32.14%, which suggests that the company may have faced challenges in managing its production costs relative to its sales revenue during that period.
The gross profit margin then rebounded to 41.40% in Sep 30, 2021, and remained relatively stable at 41.76% in Sep 30, 2020. Overall, the trend in gross profit margin indicates a mix of challenges and improvements in the company's ability to effectively manage its costs and generate profits from its core business operations over the past five years.
Peer comparison
Sep 30, 2024