Hanesbrands Inc (HBI)
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 | 1,598,520 | 1,753,401 | 1,833,272 | 1,919,818 | 1,744,520 | 1,738,920 | 1,831,461 | 1,920,825 | 2,221,108 | 2,386,859 | 2,523,668 | 2,633,196 | 2,651,699 | 2,108,778 | 2,025,830 | 1,977,213 | 1,848,264 | 2,430,200 | 2,525,825 | 2,567,492 |
| Revenue (ttm) | US$ in thousands | 3,885,425 | 4,385,526 | 4,959,733 | 5,403,320 | 5,131,150 | 5,307,610 | 5,467,040 | 5,541,530 | 6,233,660 | 6,512,720 | 6,631,530 | 6,869,370 | 6,801,240 | 6,849,730 | 6,868,450 | 6,855,920 | 6,664,350 | 6,614,510 | 6,673,210 | 6,695,360 |
| Gross profit margin | 41.14% | 39.98% | 36.96% | 35.53% | 34.00% | 32.76% | 33.50% | 34.66% | 35.63% | 36.65% | 38.06% | 38.33% | 38.99% | 30.79% | 29.49% | 28.84% | 27.73% | 36.74% | 37.85% | 38.35% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,598,520K ÷ $3,885,425K
= 41.14%
The gross profit margin of Hanesbrands Inc has displayed some fluctuations over the past few years. It stood at 38.35% as of March 31, 2020, and experienced a slight decline to 37.85% by June 30, 2020. There was a more pronounced decrease in the margin to 27.73% by December 31, 2020, before gradually increasing to 38.99% by December 31, 2021.
Subsequently, the gross profit margin fluctuated within a range, reaching a low of 32.76% on September 30, 2023, and hitting a peak of 41.14% on December 31, 2024. Overall, there seems to be a trend of recovery in the gross profit margin after the decline observed in 2020, with a generally upward trajectory in recent periods. It is essential for stakeholders to monitor this metric to assess the company's efficiency in generating profits from its core operations.