Ethan Allen Interiors Inc (ETD)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 393,062 | 480,370 | 484,706 | 393,107 | 323,132 |
| Revenue | US$ in thousands | 646,145 | 791,139 | 817,618 | 684,831 | 589,837 |
| Gross profit margin | 60.83% | 60.72% | 59.28% | 57.40% | 54.78% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $393,062K ÷ $646,145K
= 60.83%
Ethan Allen Interiors Inc's gross profit margin has exhibited a consistent increasing trend over the past five years, demonstrating the company's ability to effectively manage its cost of goods sold and generate profits from its sales. The company's gross profit margin has risen steadily from 54.78% in 2020 to 60.83% in 2024, indicating improved operational efficiency and pricing strategies. This upward trajectory suggests that Ethan Allen Interiors Inc has been successful in maintaining a healthy balance between production costs and revenue generation, ultimately leading to higher profitability.
Peer comparison
Jun 30, 2024
Company name
Symbol
Gross profit margin
Ethan Allen Interiors Inc
ETD
60.83%
MasterBrand Inc.
MBC
33.06%