Gibraltar Industries Inc (ROCK)
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 | 351,828 | 356,701 | 368,559 | 369,425 | 361,966 | 348,075 | 337,247 | 330,779 | 318,694 | 315,481 | 304,177 | 294,837 | 290,011 | 286,627 | 281,870 | 266,500 | 256,343 | 251,343 | 241,592 | 232,499 |
| Revenue (ttm) | US$ in thousands | 1,308,764 | 1,335,518 | 1,365,066 | 1,376,975 | 1,377,736 | 1,362,786 | 1,363,333 | 1,365,368 | 1,389,966 | 1,410,554 | 1,388,616 | 1,370,056 | 1,339,783 | 1,270,535 | 1,197,974 | 1,104,769 | 1,032,578 | 993,411 | 957,403 | 926,474 |
| Gross profit margin | 26.88% | 26.71% | 27.00% | 26.83% | 26.27% | 25.54% | 24.74% | 24.23% | 22.93% | 22.37% | 21.91% | 21.52% | 21.65% | 22.56% | 23.53% | 24.12% | 24.83% | 25.30% | 25.23% | 25.10% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $351,828K ÷ $1,308,764K
= 26.88%
Gibraltar Industries Inc's gross profit margin has shown some fluctuations over the past few years. The margin started at 25.10% in March 2020, gradually increased to 25.54% by September 2023, and then declined slightly to 26.88% by December 2024.
Overall, the trend indicates a general improvement in the gross profit margin over the period, with some volatility in between. It is essential for the company to monitor and manage its cost of goods sold and revenue generation to sustain and improve its gross profit margin in the future.
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
23.81%
Worthington Steel Inc
WS
12.84%