The Hain Celestial Group Inc (HAIN)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019
Gross profit (ttm)	US$ in thousands	380,832	383,572	384,380	386,022	396,414	384,696	402,920	416,358	427,441	450,996	465,199	477,869	491,615	508,972	511,461	487,103	465,770	430,863	411,676	407,420
Revenue (ttm)	US$ in thousands	1,678,403	1,682,561	1,713,018	1,728,265	1,755,367	1,805,591	1,853,287	1,876,020	1,891,788	1,893,216	1,882,881	1,934,358	1,977,806	2,031,395	2,092,088	2,070,434	2,053,862	2,099,798	2,146,298	2,223,690
Gross profit margin		22.69%	22.80%	22.44%	22.34%	22.58%	21.31%	21.74%	22.19%	22.59%	23.82%	24.71%	24.70%	24.86%	25.06%	24.45%	23.53%	22.68%	20.52%	19.18%	18.32%

June 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $380,832K ÷ $1,678,403K
= 22.69%

The gross profit margin of The Hain Celestial Group Inc has shown some fluctuations in recent quarters.
The margin ranged between 18.32% to 25.06% over the past two years, with a general decreasing trend over this period.
In the most recent quarter, the gross profit margin was at 22.69%, slightly lower than the previous quarter's 22.80%.
Overall, the company's gross profit margin has been relatively stable around the low 20% range, indicating that Hain Celestial might be facing challenges in maintaining strong profitability on its products or managing its costs efficiently.