Masco Corporation (MAS)
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 | 2,831,000 | 2,849,000 | 2,868,000 | 2,852,000 | 2,836,000 | 2,727,000 | 2,678,000 | 2,678,000 | 2,713,000 | 2,787,000 | 2,845,000 | 2,867,000 | 2,863,000 | 2,904,000 | 2,903,000 | 2,740,000 | 2,587,000 | 2,492,000 | 2,351,000 | 2,396,000 |
| Revenue (ttm) | US$ in thousands | 7,723,000 | 7,839,000 | 7,802,000 | 7,809,000 | 7,861,000 | 7,896,000 | 8,121,000 | 8,341,000 | 8,568,000 | 8,318,000 | 8,321,000 | 8,159,000 | 7,747,000 | 7,958,000 | 7,728,000 | 7,303,000 | 7,072,000 | 6,851,000 | 6,811,000 | 7,316,000 |
| Gross profit margin | 36.66% | 36.34% | 36.76% | 36.52% | 36.08% | 34.54% | 32.98% | 32.11% | 31.66% | 33.51% | 34.19% | 35.14% | 36.96% | 36.49% | 37.56% | 37.52% | 36.58% | 36.37% | 34.52% | 32.75% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,831,000K ÷ $7,723,000K
= 36.66%
Masco Corporation's gross profit margin has shown fluctuations over the past few years, ranging from a low of 31.66% on December 31, 2022, to a high of 37.56% on June 30, 2021. The trend in the gross profit margin indicates some level of volatility but generally demonstrates a moderate level of stability within a certain range.
From March 31, 2023, to June 30, 2024, Masco Corporation experienced a gradual increase in its gross profit margin, climbing from 32.11% to 36.76%. This upward trend suggests an improvement in the company's ability to generate revenue after accounting for the cost of goods sold.
However, there was a slight dip in the gross profit margin from June 30, 2024, to September 30, 2024, when it decreased from 36.76% to 36.34%. Despite this decline, the gross profit margin remained above 36% during this period, indicating that Masco Corporation continues to maintain healthy profitability levels.
Overall, while Masco Corporation's gross profit margin has shown some volatility, the company has managed to sustain relatively strong margins, which is a positive indicator of its operational efficiency and profitability. Further monitoring of the gross profit margin will provide insights into the company's ability to manage costs and drive profitability in the future.
Peer comparison
Dec 31, 2024