Newell Brands Inc (NWL)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,548,000 | 2,353,000 | 2,834,000 | 3,296,000 | 3,079,000 |
| Revenue | US$ in thousands | 7,582,000 | 8,133,000 | 9,459,000 | 10,589,000 | 9,385,000 |
| Gross profit margin | 33.61% | 28.93% | 29.96% | 31.13% | 32.81% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,548,000K ÷ $7,582,000K
= 33.61%
The gross profit margin of Newell Brands Inc has shown a downward trend from 32.81% as of December 31, 2020, to 31.13% as of December 31, 2021, further declining to 29.96% by December 31, 2022, and to 28.93% by December 31, 2023. However, there was a noticeable improvement in the gross profit margin to 33.61% as of December 31, 2024. The fluctuation in the gross profit margin over this period suggests potential challenges in managing production costs and pricing strategies. It is important for the company to monitor and address the factors impacting its gross profit margin to ensure sustainable profitability in the long term.
Peer comparison
Dec 31, 2024