Newell Brands Inc (NWL)

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	2,566,000	2,571,000	2,513,000	2,436,000	2,403,000	2,332,000	2,364,000	2,560,000	2,818,000	3,053,000	3,248,000	3,305,000	3,296,000	3,345,000	3,411,000	3,193,000	3,079,000	3,047,500	2,944,200	3,026,800
Revenue (ttm)	US$ in thousands	7,582,000	7,709,000	7,810,000	7,981,000	8,133,000	8,342,000	8,546,000	8,876,000	9,459,000	9,979,000	10,514,000	10,689,000	10,589,000	10,473,000	10,385,000	9,787,000	9,385,000	9,319,900	9,071,500	9,077,000
Gross profit margin		33.84%	33.35%	32.18%	30.52%	29.55%	27.95%	27.66%	28.84%	29.79%	30.59%	30.89%	30.92%	31.13%	31.94%	32.85%	32.62%	32.81%	32.70%	32.46%	33.35%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,566,000K ÷ $7,582,000K
= 33.84%

The gross profit margin of Newell Brands Inc has shown fluctuations over the past few years, starting at 33.35% as of March 31, 2020, and dipping to a low of 27.66% by June 30, 2023. However, there has been a gradual improvement since then, with the margin reaching 33.84% by December 31, 2024.

The trend indicates that there were challenges in maintaining profitability during the middle years, potentially due to various factors impacting the cost of goods sold and sales revenue. It is worth noting the company's efforts to enhance operational efficiency and cost management, resulting in an upward trajectory in the gross profit margin towards the end of the period.

Overall, the gross profit margin analysis suggests that while there have been fluctuations, Newell Brands Inc has been able to recover and strengthen its profitability over time.