Hillenbrand Inc (HI)
Gross profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,056,500 | 1,035,600 | 1,016,100 | 991,500 | 948,100 | 882,900 | 827,000 | 789,600 | 763,800 | 577,800 | 612,700 | 669,900 | 732,300 | 956,500 | 937,900 | 885,700 | 813,300 | 739,500 | 680,600 | 647,800 |
| Revenue (ttm) | US$ in thousands | 3,182,800 | 3,108,000 | 3,038,000 | 2,943,600 | 2,826,000 | 2,667,100 | 2,530,300 | 2,405,100 | 2,315,300 | 1,842,900 | 1,958,200 | 2,114,800 | 2,241,400 | 2,803,600 | 2,716,000 | 2,642,600 | 2,517,000 | 2,309,100 | 2,148,200 | 1,963,900 |
| Gross profit margin | 33.19% | 33.32% | 33.45% | 33.68% | 33.55% | 33.10% | 32.68% | 32.83% | 32.99% | 31.35% | 31.29% | 31.68% | 32.67% | 34.12% | 34.53% | 33.52% | 32.31% | 32.03% | 31.68% | 32.99% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,056,500K ÷ $3,182,800K
= 33.19%
Hillenbrand Inc's gross profit margin has shown a relatively stable trend over the past several quarters, hovering around the range of 31% to 34%. The gross profit margin is a key indicator of a company's operational efficiency and pricing strategy.
The data indicates that Hillenbrand Inc has been able to maintain a consistent level of profitability from its core operations, with slight fluctuations in the margin. A gross profit margin above 30% generally indicates that the company is efficiently managing its production costs and pricing its products effectively.
While the slight variations in the gross profit margin might be influenced by factors such as changes in input costs, pricing strategies, or sales mix, the overall trend suggests that Hillenbrand Inc has been able to maintain a healthy level of profitability in its operations.
It would be beneficial for stakeholders to continue monitoring the gross profit margin along with other financial metrics to assess the company's overall financial health and operational performance.
Peer comparison
Sep 30, 2024