Energizer Holdings Inc (ENR)
Gross profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 1,104,300 | 1,124,000 | 1,119,500 | 1,161,400 | 1,081,900 |
Revenue | US$ in thousands | 2,879,600 | 2,790,900 | 2,891,400 | 2,761,000 | 2,451,900 |
Gross profit margin | 38.35% | 40.27% | 38.72% | 42.06% | 44.12% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,104,300K ÷ $2,879,600K
= 38.35%
Energizer Holdings Inc's gross profit margin has exhibited a declining trend over the past five years, dropping from 44.12% in 2020 to 38.35% in 2024. This suggests that the company's ability to generate profit from its core business operations has weakened. The declining trend could be indicative of various factors, such as increased production costs, pricing pressures, or changes in sales mix. It is important for the company to address the root causes behind this trend to enhance efficiency and profitability in the future.
Peer comparison
Sep 30, 2024
Company name
Symbol
Gross profit margin
Energizer Holdings Inc
ENR
38.35%
Edgewell Personal Care Co
EPC
42.41%
Integer Holdings Corp
ITGR
27.27%
Novanta Inc
NOVT
45.45%