Phibro Animal Health Corporation (PAHC)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019
Gross profit (ttm)	US$ in thousands	313,092	302,608	298,548	297,317	298,237	299,995	296,081	289,368	285,400	276,804	274,343	271,936	271,377	262,113	262,499	263,338	256,882	261,621	256,942	256,482
Revenue (ttm)	US$ in thousands	993,816	966,848	952,851	955,955	960,113	955,995	953,390	945,191	935,602	907,274	879,384	852,821	833,350	798,955	797,965	805,828	800,354	818,354	813,351	817,562
Gross profit margin		31.50%	31.30%	31.33%	31.10%	31.06%	31.38%	31.06%	30.61%	30.50%	30.51%	31.20%	31.89%	32.56%	32.81%	32.90%	32.68%	32.10%	31.97%	31.59%	31.37%

June 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $313,092K ÷ $993,816K
= 31.50%

Phibro Animal Health Corporation has shown a relatively stable gross profit margin over the past few quarters, ranging from 30.50% to 32.90%. The company's gross profit margin for the most recent quarter was 31.50%, indicating that the company was able to maintain a strong level of profitability on its sales after accounting for the cost of goods sold.

Overall, Phibro Animal Health Corporation seems to have a consistent ability to manage its production costs effectively and generate profits from its core operations. Monitoring the trend of the gross profit margin over time can provide insights into the company's pricing strategy, cost structure, and overall operational efficiency.