Kellanova (K)
Gross profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,545,000 | 3,765,000 | 3,699,000 | 3,632,000 | 3,585,000 | 4,348,000 | 4,391,000 | 4,440,000 | 4,615,000 | 4,460,000 | 4,472,000 | 4,553,000 | 4,560,000 | 4,740,000 | 4,776,000 | 4,749,000 | 4,727,000 | 4,630,000 | 4,429,000 | 4,418,000 |
| Revenue (ttm) | US$ in thousands | 12,749,000 | 10,714,000 | 10,736,000 | 10,895,000 | 11,037,000 | 13,781,000 | 14,472,000 | 14,985,000 | 15,315,000 | 14,902,000 | 14,578,000 | 14,269,000 | 14,181,000 | 14,225,000 | 14,032,000 | 13,942,000 | 13,770,000 | 13,529,000 | 13,472,000 | 13,468,000 |
| Gross profit margin | 35.65% | 35.14% | 34.45% | 33.34% | 32.48% | 31.55% | 30.34% | 29.63% | 30.13% | 29.93% | 30.68% | 31.91% | 32.16% | 33.32% | 34.04% | 34.06% | 34.33% | 34.22% | 32.88% | 32.80% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,545,000K ÷ $12,749,000K
= 35.65%
The gross profit margin of Kellanova has shown fluctuations over the years, ranging from a low of 29.63% as of March 31, 2023, to a high of 35.65% as of December 31, 2024. The trend indicates some variability in the company's ability to generate profit from its core business activities.
During the earlier periods, the gross profit margin remained relatively stable, hovering around the low-30% range. However, there was a noticeable decline in the margin from March 31, 2022, to December 31, 2022, reaching a low of 29.93%. This decline may suggest challenges in managing production costs or pricing strategies.
Subsequently, there was a gradual improvement in the gross profit margin, with a consistent increase from March 31, 2023, to December 31, 2024. This upward trend indicates potential enhancements in efficiency, cost control, or product pricing, leading to a higher percentage of revenue retained as gross profit.
Overall, monitoring the gross profit margin of Kellanova provides insights into its operational performance, cost management, and pricing strategies, which are essential aspects of evaluating the company's profitability and financial health.
Peer comparison
Dec 31, 2024