Prestige Brand Holdings Inc (PBH)

Gross profit margin

		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	Jun 30, 2019
Gross profit (ttm)	US$ in thousands	624,448	626,395	618,859	619,848	625,294	620,392	625,050	621,753	620,646	608,840	592,667	572,616	547,472	554,326	552,934	552,024	552,223	546,559	548,299	549,020
Revenue (ttm)	US$ in thousands	1,125,357	1,134,235	1,127,018	1,129,975	1,127,725	1,108,792	1,107,738	1,094,690	1,086,812	1,057,637	1,021,955	983,152	943,365	956,839	959,603	960,250	963,010	952,801	952,663	953,951
Gross profit margin		55.49%	55.23%	54.91%	54.86%	55.45%	55.95%	56.43%	56.80%	57.11%	57.57%	57.99%	58.24%	58.03%	57.93%	57.62%	57.49%	57.34%	57.36%	57.55%	57.55%

March 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $624,448K ÷ $1,125,357K
= 55.49%

Prestige Brand Holdings Inc's gross profit margin has shown a slight fluctuation over the past quarters, ranging from a high of 58.24% in the second quarter of 2021 to a low of 54.86% in the second quarter of 2023. Overall, the trend indicates a general decline in gross profit margin from the higher levels seen in 2021. However, the margin has remained relatively stable around the mid-50% range in recent quarters. Despite the fluctuations, Prestige Brand Holdings Inc maintains a healthy gross profit margin, which suggests strong pricing strategies and efficient cost management in its operations. Further analysis may be needed to understand the specific factors influencing these fluctuations and the potential implications for the company's financial performance.