Emerson Electric Company (EMR)
Gross profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 8,885,000 | 8,526,000 | 8,206,000 | 7,723,000 | 7,427,000 | 7,244,000 | 6,836,000 | 6,511,000 | 6,306,000 | 6,473,000 | 6,869,000 | 7,255,000 | 7,563,000 | 7,449,000 | 7,085,000 | 6,973,000 | 7,009,000 | 7,255,000 | 7,638,000 | 7,813,000 |
| Revenue (ttm) | US$ in thousands | 17,393,000 | 16,864,000 | 16,417,000 | 15,827,000 | 15,124,000 | 16,394,000 | 17,488,000 | 18,549,000 | 19,642,000 | 19,229,000 | 18,908,000 | 18,579,000 | 18,267,000 | 17,878,000 | 17,095,000 | 16,795,000 | 16,785,000 | 17,198,000 | 17,968,000 | 18,376,000 |
| Gross profit margin | 51.08% | 50.56% | 49.98% | 48.80% | 49.11% | 44.19% | 39.09% | 35.10% | 32.10% | 33.66% | 36.33% | 39.05% | 41.40% | 41.67% | 41.44% | 41.52% | 41.76% | 42.19% | 42.51% | 42.52% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,885,000K ÷ $17,393,000K
= 51.08%
The gross profit margin of Emerson Electric Company has shown fluctuations over the past few quarters. It started at 42.52% in December 2019 and gradually increased to a peak of 51.08% in September 2024. There was a notable improvement in gross profit margin from September 2022 to March 2023, indicating better control over production costs and higher sales prices.
However, there was a slight dip in gross profit margin in the previous quarter (June 2024) compared to the quarter before (March 2024). This could be a signal that there may be challenges in maintaining profitability due to factors such as increased competition, pricing pressures, or rising costs.
Overall, Emerson Electric Company has generally shown an increasing trend in its gross profit margin over the past few years, reflecting operational efficiencies and effective cost management strategies. Investors and stakeholders should continue to monitor these trends to assess the company's financial health and sustainability.
Peer comparison
Sep 30, 2024
See also:
Emerson Electric Company Gross Profit Margin (Quarterly Data)