Eagle Materials Inc (EXP)
Gross profit margin
| Mar 31, 2025 | Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 673,137 | 688,205 | 691,020 | 696,194 | 685,321 | 701,032 | 679,174 | 664,395 | 639,266 | 603,051 | 582,867 | 543,969 | 519,614 | 490,268 | 465,061 | 432,569 | 407,037 | 401,120 | 375,255 | 356,912 |
| Revenue (ttm) | US$ in thousands | 2,260,508 | 2,267,040 | 2,267,848 | 2,266,465 | 2,259,297 | 2,252,717 | 2,205,371 | 2,188,203 | 2,148,069 | 2,091,059 | 2,042,513 | 1,947,139 | 1,861,522 | 1,791,707 | 1,733,433 | 1,671,423 | 1,623,673 | 1,595,813 | 1,541,395 | 1,508,237 |
| Gross profit margin | 29.78% | 30.36% | 30.47% | 30.72% | 30.33% | 31.12% | 30.80% | 30.36% | 29.76% | 28.84% | 28.54% | 27.94% | 27.91% | 27.36% | 26.83% | 25.88% | 25.07% | 25.14% | 24.35% | 23.66% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $673,137K ÷ $2,260,508K
= 29.78%
Eagle Materials Inc has shown a consistent improvement in its gross profit margin over the past years. The gross profit margin, which represents the percentage of revenue remaining after deducting the cost of goods sold, increased from 23.66% as of June 30, 2020, to 29.78% as of March 31, 2025.
The trend indicates that the company has been able to effectively manage its production costs and increase its profitability over time. The gradual increase in the gross profit margin reflects improvements in operational efficiency, pricing strategies, cost control measures, or a combination of these factors.
Although there was a slight decline in the gross profit margin from June 30, 2024, to September 30, 2024, overall, the company has maintained a healthy gross profit margin above 25% throughout the period under consideration. This suggests that Eagle Materials Inc has been able to generate a sufficient level of gross profit relative to its revenue, which is a positive signal for its financial health and overall performance.