Energizer Holdings Inc (ENR)

Gross profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Gross profit	US$ in thousands	1,124,000	1,119,500	1,161,400	1,081,900	1,003,800
Revenue	US$ in thousands	2,790,900	2,891,400	2,761,000	2,451,900	2,268,200
Gross profit margin		40.27%	38.72%	42.06%	44.12%	44.26%

September 30, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,124,000K ÷ $2,790,900K
= 40.27%

Energizer Holdings Inc's gross profit margin has exhibited a gradual decline over the past five years. The margin decreased from 40.24% in 2019 to 37.98% in 2023. This downward trend indicates a decrease in the percentage of revenue that remains after the cost of goods sold is deducted. It suggests potential challenges in managing production costs or pricing strategies. Further analysis of the company's cost structure and pricing policies would be warranted to understand the factors influencing this trend.

Peer comparison

Sep 30, 2023

Company name

Symbol

Gross profit margin

Energizer Holdings Inc

ENR

40.27%

Edgewell Personal Care Co

EPC

41.78%

Integer Holdings Corp