Hillenbrand Inc (HI)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,056,500 | 948,200 | 763,800 | 732,300 | 813,300 |
| Revenue | US$ in thousands | 3,182,800 | 2,826,000 | 2,315,300 | 2,241,400 | 2,517,000 |
| Gross profit margin | 33.19% | 33.55% | 32.99% | 32.67% | 32.31% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,056,500K ÷ $3,182,800K
= 33.19%
Hillenbrand Inc's gross profit margin has experienced some fluctuation over the past five years. The margin has been relatively stable, hovering around the low 30% range. In the most recent fiscal year ending on September 30, 2024, the gross profit margin stood at 33.19%, slightly lower compared to the previous year's 33.55%. Despite the slight decrease, Hillenbrand Inc was able to maintain a healthy level of gross profit margin above 30%, indicating efficiency in managing production costs and generating revenue from its core operations. Overall, the company's consistent gross profit margin performance reflects its ability to effectively control costs and maintain profitability levels over the years.
Peer comparison
Sep 30, 2024