Fortune Brands Innovations Inc. (FBIN)
Gross profit margin
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 540,600 | 693,500 | 684,900 | 638,400 | 614,800 | 953,200 | 1,235,600 | 1,596,200 | 1,932,900 | 1,956,500 | 1,988,800 | 1,980,300 | 1,960,500 | 2,072,300 | 2,141,700 | 2,119,900 | 2,164,400 | 2,088,500 | 2,032,100 | 2,086,800 |
| Revenue (ttm) | US$ in thousands | 4,609,100 | 4,666,200 | 4,772,100 | 4,695,800 | 4,626,200 | 4,596,800 | 4,531,100 | 4,622,800 | 4,723,000 | 4,809,100 | 4,883,500 | 4,858,200 | 4,801,100 | 5,242,800 | 5,625,000 | 5,770,700 | 6,090,300 | 5,901,100 | 5,708,000 | 5,839,400 |
| Gross profit margin | 11.73% | 14.86% | 14.35% | 13.60% | 13.29% | 20.74% | 27.27% | 34.53% | 40.93% | 40.68% | 40.72% | 40.76% | 40.83% | 39.53% | 38.07% | 36.74% | 35.54% | 35.39% | 35.60% | 35.74% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $540,600K ÷ $4,609,100K
= 11.73%
Fortune Brands Innovations Inc.'s gross profit margin has displayed fluctuations over the analyzed period. The trend reveals an initial increase from 35.74% in March 2020 to a peak of 40.93% in December 2022. However, the margin started declining consistently thereafter. Notably, there was a significant drop to 13.29% by December 2023, followed by a minor increase in the subsequent periods. Overall, the company's gross profit margin has shown volatility in recent quarters, which could signify challenges in managing costs, pricing strategies, or fluctuations in sales mix impacting profitability. Further analysis and investigation into the underlying factors influencing these fluctuations would be necessary to determine the sustainability and strategic implications for Fortune Brands Innovations Inc.
Peer comparison
Dec 31, 2024