Fresh Del Monte Produce Inc (FDP)
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 | 358,000 | 351,800 | 332,400 | 336,000 | 350,700 | 369,900 | 383,500 | 347,400 | 340,200 | 298,300 | 259,200 | 288,500 | 303,700 | 300,300 | 318,700 | 287,400 | 250,900 | 252,000 | 260,900 | 279,800 |
| Revenue (ttm) | US$ in thousands | 4,280,300 | 4,275,700 | 4,259,300 | 4,300,100 | 4,320,700 | 4,352,100 | 4,402,500 | 4,433,900 | 4,442,300 | 4,419,600 | 4,370,900 | 4,300,600 | 4,252,000 | 4,237,000 | 4,221,900 | 4,172,600 | 4,202,300 | 4,225,200 | 4,305,700 | 4,452,800 |
| Gross profit margin | 8.36% | 8.23% | 7.80% | 7.81% | 8.12% | 8.50% | 8.71% | 7.84% | 7.66% | 6.75% | 5.93% | 6.71% | 7.14% | 7.09% | 7.55% | 6.89% | 5.97% | 5.96% | 6.06% | 6.28% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $358,000K ÷ $4,280,300K
= 8.36%
Fresh Del Monte Produce Inc's gross profit margin has fluctuated over the past few years. Starting at 6.28% in March 2020, it decreased slightly to 5.96% by September 2020 before showing a slight increase to 6.89% in March 2021. The margin continued to improve, reaching 7.55% by June 2021 and peaking at 8.71% by June 2023. However, there were some fluctuations in between, such as a dip to 5.93% in June 2022 and a decrease to 7.09% in September 2021. Overall, Fresh Del Monte Produce Inc's gross profit margin has shown some volatility but generally trended upwards, ending at 8.36% by December 31, 2024. This suggests the company may have implemented strategies to enhance profitability and efficiency in its operations.
Peer comparison
Dec 31, 2024