Sturm Ruger & Company Inc (RGR)
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 | 114,415 | 113,486 | 115,542 | 124,536 | 133,619 | 140,916 | 155,057 | 160,463 | 180,085 | 203,963 | 229,896 | 265,099 | 279,557 | 280,320 | 266,670 | 227,998 | 191,441 | 152,028 | 120,743 | 102,960 |
| Revenue (ttm) | US$ in thousands | 535,643 | 520,485 | 519,091 | 531,134 | 543,767 | 562,374 | 580,871 | 578,720 | 595,842 | 614,659 | 653,515 | 712,934 | 730,736 | 731,955 | 699,414 | 629,606 | 568,868 | 504,747 | 454,041 | 420,106 |
| Gross profit margin | 21.36% | 21.80% | 22.26% | 23.45% | 24.57% | 25.06% | 26.69% | 27.73% | 30.22% | 33.18% | 35.18% | 37.18% | 38.26% | 38.30% | 38.13% | 36.21% | 33.65% | 30.12% | 26.59% | 24.51% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $114,415K ÷ $535,643K
= 21.36%
Sturm Ruger & Company Inc has shown fluctuating trends in its gross profit margin over the reported periods. The gross profit margin, which represents the percentage of revenue that exceeds the cost of goods sold, started at 24.51% on March 31, 2020, and demonstrated a consistent increase, reaching its peak at 38.30% on September 30, 2021. This upward trend indicated an improvement in the company's operational efficiency and pricing strategies.
However, after reaching its peak, the gross profit margin started to decline gradually, falling to 21.36% by December 31, 2024. This downward trend might suggest factors such as increasing production costs, competitive pricing pressures, or changes in sales mix impacting the company's profitability.
Overall, while Sturm Ruger & Company Inc experienced a significant improvement in its gross profit margin in the earlier periods, the declining trend in recent periods raises concerns regarding the company's ability to maintain profitability and manage its costs effectively. Further analysis of the company's cost structure and pricing strategies would be necessary to understand the underlying reasons for these fluctuations in the gross profit margin.
Peer comparison
Dec 31, 2024