Rockwell Automation Inc (ROK)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,193,400 | 3,717,000 | 3,102,000 | 2,897,700 | 2,595,200 |
| Revenue | US$ in thousands | 8,264,600 | 9,203,900 | 7,500,200 | 6,930,300 | 6,216,700 |
| Gross profit margin | 38.64% | 40.39% | 41.36% | 41.81% | 41.75% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,193,400K ÷ $8,264,600K
= 38.64%
Rockwell Automation Inc's gross profit margin has exhibited a downward trend over the past five years. The margin stood at 38.64% as of September 30, 2024, reflecting a decrease from 40.39% in the previous year and continuing a decline from 41.36% in September 30, 2022. This downward trajectory in gross profit margin may indicate challenges in managing production costs or pricing strategies that impact the profitability of the company's core operations. Further analysis would be needed to understand the specific factors contributing to this trend and assess its implications for Rockwell Automation Inc's overall financial performance.
Peer comparison
Sep 30, 2024