Greif Bros Corporation (GEF)
Gross profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,070,800 | 1,146,100 | 1,285,400 | 1,093,000 | 914,700 |
| Revenue | US$ in thousands | 5,448,100 | 5,218,600 | 6,349,500 | 5,556,100 | 4,515,000 |
| Gross profit margin | 19.65% | 21.96% | 20.24% | 19.67% | 20.26% |
October 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,070,800K ÷ $5,448,100K
= 19.65%
Based on the provided data, the gross profit margin of Greif Bros Corporation has fluctuated over the five-year period. In October 31, 2020, the gross profit margin was 20.26%, which decreased slightly to 19.67% by October 31, 2021. However, in the following year, the gross profit margin improved to 20.24%, showing signs of recovery.
By October 31, 2023, the gross profit margin significantly increased to 21.96%, indicating improved profitability for the company. Unfortunately, by October 31, 2024, the gross profit margin decreased to 19.65%, which is lower compared to the previous year.
Overall, the trend in Greif Bros Corporation's gross profit margin shows fluctuations over the five-year period, with some years experiencing improvement while others showing a decline. This suggests that the company may need to focus on enhancing cost management and revenue generation strategies to maintain and improve its profitability in the future.