Hillenbrand Inc (HI)
Gross profit margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 994,700 | 951,300 | 886,100 | 830,200 | 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 | 623,000 | 620,100 | 635,200 |
| Revenue (ttm) | US$ in thousands | 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 | 1,807,300 | 1,796,200 | 1,795,600 |
| Gross profit margin | 33.79% | 33.66% | 33.22% | 32.81% | 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% | 34.47% | 34.52% | 35.38% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $994,700K ÷ $2,943,600K
= 33.79%
Based on the provided data, Hillenbrand Inc's gross profit margin has shown a relatively stable performance over the past eight quarters. The gross profit margin ranged between 32.36% and 33.57% during this period, with a slight fluctuation in between. This indicates that the company has been able to effectively manage its cost of goods sold and maintain a consistent level of profitability from its core operations. However, it is important to note that further analysis would be required to understand the underlying factors driving these changes in gross profit margin, such as changes in product mix, pricing strategies, or cost structures.
Peer comparison
Dec 31, 2023