Emerson Electric Company (EMR)
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 | 6,018,000 | 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 | 7,815,000 | 7,746,000 | 7,687,000 |
| Revenue (ttm) | US$ in thousands | 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 | 18,372,000 | 18,289,000 | 18,061,000 |
| Gross profit margin | 38.02% | 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% | 42.54% | 42.35% | 42.56% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,018,000K ÷ $15,827,000K
= 38.02%
The gross profit margin of Emerson Electric Co. has shown a general increasing trend over the past few quarters, indicating an improvement in the company's ability to generate profits from its core operations. The margin increased from 41.00% in Q2 2022 to 48.54% in Q1 2024, reflecting a steady positive momentum.
The company has made significant progress in managing its production costs, which is evident in the consistent growth in the gross profit margin. This improvement may be attributed to strategic cost-cutting measures, operational efficiency enhancements, or pricing strategies that have positively impacted the company's profitability.
The latest gross profit margin of 48.54% in Q1 2024 is significantly higher compared to the margins reported in previous quarters, indicating a strong performance in generating profits from sales after deducting the cost of goods sold. This bodes well for Emerson Electric Co.'s financial health and overall profitability in the current fiscal year.
Overall, the increasing trend in gross profit margin is a positive indicator of Emerson Electric Co.'s operational efficiency and ability to maintain a healthy margin of profitability in its core business activities.
Peer comparison
Dec 31, 2023
See also:
Emerson Electric Company Gross Profit Margin (Quarterly Data)