Monro Muffler Brake Inc (MNRO)
Gross profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 417,644 | 430,422 | 438,296 | 444,596 | 450,384 | 455,300 | 457,019 | 448,142 | 446,620 | 448,382 | 456,175 | 457,014 | 464,145 | 478,093 | 481,835 | 484,273 | 459,829 | 433,672 | 395,195 | 390,205 |
| Revenue (ttm) | US$ in thousands | 900,342 | 1,210,419 | 1,222,303 | 1,233,522 | 1,262,431 | 1,269,644 | 1,278,959 | 1,277,185 | 1,290,287 | 1,302,815 | 1,325,382 | 1,342,576 | 1,349,164 | 1,367,045 | 1,359,328 | 1,336,783 | 1,279,593 | 1,220,481 | 1,125,722 | 1,106,303 |
| Gross profit margin | 46.39% | 35.56% | 35.86% | 36.04% | 35.68% | 35.86% | 35.73% | 35.09% | 34.61% | 34.42% | 34.42% | 34.04% | 34.40% | 34.97% | 35.45% | 36.23% | 35.94% | 35.53% | 35.11% | 35.27% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $417,644K ÷ $900,342K
= 46.39%
Monro Muffler Brake Inc's gross profit margin has shown fluctuations over the period analyzed. It started at 35.27% on December 31, 2020, and remained relatively stable between 35% and 36% until June 30, 2022. From then on, there was a downward trend, reaching 34.04% on December 31, 2022.
The company experienced a slight recovery in the following quarters, with the gross profit margin increasing to 35.09% on September 30, 2023, and further improving to 36.04% on June 30, 2024. However, there was a decrease in the margin by the end of December 2024, dropping to 35.56%.
The most significant change occurred on March 31, 2025, when the gross profit margin surged to 46.39%. This moment of pronounced growth could indicate various factors at play, such as successful cost management, pricing strategies, or shifts in the product mix.
Overall, Monro Muffler Brake Inc's gross profit margin analysis highlights both the company's ability to navigate fluctuations in profitability and the potential impact of strategic decisions on financial performance.
Peer comparison
Mar 31, 2025