ESCO Technologies Inc (ESE)
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 | 388,812 | 380,941 | 379,908 | 370,923 | 366,887 | 361,417 | 345,718 | 336,680 | 327,192 | 303,202 | 287,225 | 274,791 | 270,450 | 402,064 | 398,216 | 401,047 | 399,996 | 428,624 | 440,789 | 465,261 |
| Revenue (ttm) | US$ in thousands | 1,011,553 | 989,298 | 978,104 | 959,068 | 947,264 | 931,693 | 903,174 | 880,215 | 852,649 | 802,596 | 765,775 | 728,079 | 714,210 | 717,564 | 707,792 | 720,752 | 727,651 | 756,279 | 782,930 | 797,707 |
| Gross profit margin | 38.44% | 38.51% | 38.84% | 38.68% | 38.73% | 38.79% | 38.28% | 38.25% | 38.37% | 37.78% | 37.51% | 37.74% | 37.87% | 56.03% | 56.26% | 55.64% | 54.97% | 56.68% | 56.30% | 58.32% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $388,812K ÷ $1,011,553K
= 38.44%
ESCO Technologies Inc's gross profit margin has shown fluctuations over the past few quarters. The company's gross profit margin ranged between 37.51% to 38.84% in the last 2 years. Generally, the gross profit margin has been relatively stable, hovering around the high 30% range. However, there was a significant increase in the margin in the first half of 2021, where it reached levels above 55%, before decreasing again in the subsequent quarters. Overall, the recent margins indicate that ESCO Technologies Inc has been able to maintain a healthy level of profitability from its core operations.
Peer comparison
Sep 30, 2024