John B Sanfilippo & Son Inc (JBSS)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 203,471 | 214,139 | 211,631 | 199,627 | 184,987 |
| Revenue | US$ in thousands | 1,107,250 | 1,066,780 | 999,686 | 955,868 | 858,482 |
| Gross profit margin | 18.38% | 20.07% | 21.17% | 20.88% | 21.55% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $203,471K ÷ $1,107,250K
= 18.38%
The gross profit margin of John B Sanfilippo & Son Inc. demonstrates fluctuations over the specified period from June 30, 2021, to June 30, 2025. In 2021, the margin stood at 21.55%, indicating that suppliers' costs and production expenses allowed for a gross profit of approximately 21.55% of sales revenue. The margin experienced a slight decline in 2022, decreasing to 20.88%, which suggests marginally higher cost pressures or competitive pricing considerations impacting gross profitability.
By 2023, the gross profit margin experienced a modest recovery to 21.17%, approaching the previous year's figure, potentially reflecting operational efficiencies or favorable product mix adjustments. However, in 2024, a notable decline is observed, with the margin decreasing to 20.07%, indicating a reduction in gross profitability relative to sales. The most significant decline occurred by 2025, with the margin falling to 18.38%, marking a substantial decrease over the five-year span.
Overall, the trend reflects a gradual deterioration in gross profit margins, signaling potential challenges in controlling production or procurement costs, pressures from competitive pricing, or shifts in product mix that favor lower-margin offerings. This downward trajectory warrants further analysis of cost structures and pricing strategies to assess underlying drivers and implications for the company's overall profitability.
Peer comparison
Jun 30, 2025