Eagle Materials Inc (EXP)
Gross profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 685,321 | 701,032 | 679,174 | 664,395 | 639,266 | 603,051 | 582,867 | 543,969 | 519,614 | 490,268 | 465,061 | 432,569 | 408,355 | 400,874 | 380,698 | 366,869 | 342,666 | 336,899 | 324,117 | 313,028 |
| Revenue (ttm) | US$ in thousands | 2,217,040 | 2,209,817 | 2,163,667 | 2,148,123 | 2,112,898 | 2,066,217 | 2,020,952 | 1,921,890 | 1,836,631 | 1,766,816 | 1,704,833 | 1,642,535 | 1,691,662 | 1,663,802 | 1,609,201 | 1,578,462 | 1,422,288 | 1,391,547 | 1,376,832 | 1,347,125 |
| Gross profit margin | 30.91% | 31.72% | 31.39% | 30.93% | 30.26% | 29.19% | 28.84% | 28.30% | 28.29% | 27.75% | 27.28% | 26.34% | 24.14% | 24.09% | 23.66% | 23.24% | 24.09% | 24.21% | 23.54% | 23.24% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $685,321K ÷ $2,217,040K
= 30.91%
The gross profit margin of Eagle Materials Inc has shown a generally positive trend over the past few quarters, indicating the company's ability to efficiently generate revenue after accounting for the cost of goods sold. The margin has gradually increased from 23.24% in June 2019 to 30.91% in March 2024. This improvement suggests effective cost management and pricing strategies, leading to enhanced profitability. The recent peak in the gross profit margin at 31.72% in December 2023 demonstrates a strong performance during that period. Overall, the consistent upward trend in the gross profit margin reflects positively on Eagle Materials Inc's operational efficiency and financial health.