National Presto Industries Inc (NPK)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 78,566 | 67,452 | 55,125 | 64,396 | 84,922 |
| Revenue | US$ in thousands | 388,228 | 340,912 | 321,623 | 355,777 | 352,627 |
| Gross profit margin | 20.24% | 19.79% | 17.14% | 18.10% | 24.08% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $78,566K ÷ $388,228K
= 20.24%
National Presto Industries Inc's gross profit margin has shown a fluctuating trend over the past five years. Starting at 24.08% on December 31, 2020, it decreased to 18.10% by December 31, 2021, indicating a significant decline. The trend continued with a further decrease to 17.14% by December 31, 2022. However, there was an improvement in the gross profit margin for the next two years, reaching 19.79% by December 31, 2023, and further increasing to 20.24% by December 31, 2024. It is important to closely monitor the factors influencing these variations in the gross profit margin to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024