National Presto Industries Inc (NPK)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 67,452 | 60,113 | 61,776 | 63,434 | 55,125 | 58,941 | 53,109 | 55,746 | 64,396 | 73,610 | 83,098 | 87,166 | 84,922 | 79,488 | 82,617 | 75,550 | 71,925 | 71,479 | 63,329 | 68,098 |
| Revenue (ttm) | US$ in thousands | 340,912 | 356,544 | 343,086 | 341,278 | 321,623 | 307,982 | 325,524 | 335,504 | 355,777 | 361,292 | 368,004 | 368,018 | 352,627 | 341,614 | 325,683 | 310,296 | 308,510 | 299,212 | 302,859 | 310,341 |
| Gross profit margin | 19.79% | 16.86% | 18.01% | 18.59% | 17.14% | 19.14% | 16.31% | 16.62% | 18.10% | 20.37% | 22.58% | 23.69% | 24.08% | 23.27% | 25.37% | 24.35% | 23.31% | 23.89% | 20.91% | 21.94% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $67,452K ÷ $340,912K
= 19.79%
The gross profit margin of National Presto Industries Inc has shown some fluctuation over the past few quarters, ranging from a low of 16.31% in June 2022 to a high of 25.37% in June 2020. The most recent data point, at 19.79% as of December 31, 2023, indicates a moderate improvement compared to the previous quarter.
Overall, the trend in the gross profit margin has been somewhat volatile, with periods of higher and lower margins observed. This variability could be influenced by various factors such as changes in sales volume, cost of goods sold, pricing strategies, and overall operational efficiency.
It would be important for stakeholders and analysts to delve deeper into the underlying reasons for these fluctuations in order to gain a better understanding of the company's performance and prospects. Further analysis of the drivers impacting the gross profit margin, along with comparisons to industry benchmarks and peer companies, would provide valuable insights into National Presto Industries Inc's financial health and competitiveness in the market.
Peer comparison
Dec 31, 2023