Gibraltar Industries Inc (ROCK)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 351,828 | 361,966 | 318,694 | 290,011 | 256,343 |
| Revenue | US$ in thousands | 1,308,760 | 1,377,740 | 1,389,970 | 1,339,780 | 1,032,580 |
| Gross profit margin | 26.88% | 26.27% | 22.93% | 21.65% | 24.83% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $351,828K ÷ $1,308,760K
= 26.88%
The gross profit margin of Gibraltar Industries Inc has shown some fluctuations over the past five years. Starting at 24.83% on December 31, 2020, it decreased to 21.65% by December 31, 2021, before rebounding to 22.93% on December 31, 2022. The trend improved significantly in the following years, reaching 26.27% on December 31, 2023, and further increasing to 26.88% by December 31, 2024. This upward trajectory indicates that the company has been able to effectively manage its production costs and maintain a healthy margin on its sales revenue.
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
Gibraltar Industries Inc
ROCK
26.88%
Insteel Industries Inc
IIIN
9.38%
Worthington Industries Inc
WOR
13.49%
Worthington Steel Inc
WS
12.82%