WK Kellogg Co (KLG)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 105,000 | 84,000 | 107,000 |
| Revenue (ttm) | US$ in thousands | 2,704,000 | 2,695,000 | 2,698,000 |
| Gross profit margin | 3.88% | 3.12% | 3.97% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $105,000K ÷ $2,704,000K
= 3.88%
WK Kellogg Co's gross profit margin has experienced fluctuations over the period under consideration. In June 30, 2024, the company's gross profit margin stood at 3.97%, showing a slight decrease to 3.12% by September 30, 2024. However, by December 31, 2024, the gross profit margin improved to 3.88%.
The gross profit margin is an important indicator of a company's efficiency in generating profit from its cost of goods sold. The fluctuations in WK Kellogg Co's gross profit margin may suggest changes in its pricing strategy, cost structure, or sales volume during the period. It is essential for the company to further assess the factors influencing these fluctuations to maintain profitability and sustain growth in the future.
Peer comparison
Dec 31, 2024