Chart Industries Inc (GTLS)
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 | 1,341,600 | 1,255,500 | 1,169,100 | 1,145,300 | 994,500 | 832,600 | 661,000 | 475,200 | 407,400 | 365,300 | 335,600 | 324,000 | 324,200 | 329,900 | 333,600 | 342,800 | 350,300 | 348,100 | 370,700 | 361,100 |
| Revenue (ttm) | US$ in thousands | 4,808,700 | 4,716,900 | 5,174,000 | 5,669,300 | 4,608,100 | 4,034,500 | 2,927,000 | 1,796,200 | 1,612,400 | 1,549,900 | 1,466,100 | 1,383,300 | 1,317,700 | 1,251,200 | 1,196,100 | 1,184,500 | 1,217,100 | 1,247,100 | 1,331,700 | 1,330,900 |
| Gross profit margin | 27.90% | 26.62% | 22.60% | 20.20% | 21.58% | 20.64% | 22.58% | 26.46% | 25.27% | 23.57% | 22.89% | 23.42% | 24.60% | 26.37% | 27.89% | 28.94% | 28.78% | 27.91% | 27.84% | 27.13% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,341,600K ÷ $4,808,700K
= 27.90%
Chart Industries Inc's gross profit margin has exhibited fluctuations over the past few years. From March 31, 2020, to March 31, 2021, the gross profit margin increased steadily from 27.13% to 28.94%. However, there was a slight decline in the margin in the following quarters, dropping to 27.89% by June 30, 2021, and further to 26.37% by September 30, 2021.
The gross profit margin continued to decrease over the next few quarters, reaching its lowest point of 20.64% on September 30, 2023. It then experienced a modest recovery, climbing to 27.90% on December 31, 2024.
Overall, the trend in the gross profit margin of Chart Industries Inc has been mixed, with periods of both growth and decline. It is important for the company to closely monitor and manage its cost of goods sold and pricing strategies to maintain a healthy and sustainable gross profit margin in the future.