Helen of Troy Ltd (HELE)
Gross profit margin
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 914,406 | 948,660 | 899,351 | 953,187 | 927,302 |
| Revenue | US$ in thousands | 1,907,660 | 2,005,050 | 2,072,670 | 2,223,360 | 2,098,800 |
| Gross profit margin | 47.93% | 47.31% | 43.39% | 42.87% | 44.18% |
February 28, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $914,406K ÷ $1,907,660K
= 47.93%
Based on the provided data, Helen of Troy Ltd's gross profit margin has shown fluctuations over the past five years. It stood at 44.18% as of February 28, 2021, slightly declining to 42.87% by February 28, 2022. However, there was a marginal improvement to 43.39% by February 28, 2023.
The most significant increase was observed by February 29, 2024, with the gross profit margin reaching 47.31%. This positive trend continued into the following year, where the margin further expanded to 47.93% by February 28, 2025.
Overall, the gross profit margin of Helen of Troy Ltd has demonstrated resilience and growth over the years, with a notable improvement in the most recent periods. High and increasing gross profit margins are indicative of the company's efficiency in managing production costs and pricing strategies, which could potentially contribute to its overall financial performance and competitiveness in the market.