Prestige Brand Holdings Inc (PBH)
Gross profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 624,448 | 625,294 | 620,646 | 547,472 | 552,223 |
| Revenue | US$ in thousands | 1,125,360 | 1,127,720 | 1,086,810 | 943,365 | 963,010 |
| Gross profit margin | 55.49% | 55.45% | 57.11% | 58.03% | 57.34% |
March 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $624,448K ÷ $1,125,360K
= 55.49%
Based on the data provided, Prestige Brand Holdings Inc has maintained a relatively stable gross profit margin over the past five years. The gross profit margin has ranged from 55.45% to 58.03% during this period, indicating that the company has been able to effectively manage its cost of goods sold relative to its revenues.
The slight fluctuations in the gross profit margin may be attributed to various factors such as changes in pricing strategies, shifts in product mix, or fluctuations in input costs. Overall, a gross profit margin above 50% is generally considered favorable, as it indicates that the company is generating a healthy profit from its core operations.
It is worth noting that while the gross profit margin provides insight into the efficiency of the company's production process, it should be analyzed in conjunction with other financial ratios and metrics to gain a comprehensive understanding of Prestige Brand Holdings Inc's overall financial performance.
Peer comparison
Mar 31, 2024