Rockwell Automation Inc (ROK)

Gross profit margin

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 Dec 31, 2019
Gross profit (ttm) US$ in thousands 3,193,400 3,478,300 3,598,900 3,698,000 3,717,000 3,547,900 3,434,900 3,166,500 3,102,000 2,935,000 2,897,000 3,000,300 2,897,700 2,817,600 2,607,400 2,538,800 2,595,200 2,678,800 2,854,900 2,864,300
Revenue (ttm) US$ in thousands 8,183,200 8,700,500 8,933,800 9,134,800 9,203,000 8,773,300 8,412,100 7,887,500 7,627,800 7,344,400 7,240,700 7,215,500 6,930,800 6,691,200 6,234,000 6,137,000 6,252,500 6,412,700 6,682,400 6,660,100
Gross profit margin 39.02% 39.98% 40.28% 40.48% 40.39% 40.44% 40.83% 40.15% 40.67% 39.96% 40.01% 41.58% 41.81% 42.11% 41.83% 41.37% 41.51% 41.77% 42.72% 43.01%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,193,400K ÷ $8,183,200K
= 39.02%

Rockwell Automation Inc's gross profit margin has displayed fluctuations over the analyzed periods. The gross profit margin has ranged from a low of 39.02% in September 2024 to a high of 43.01% in March 2020. The overall trend indicates a general decrease from the highest point in March 2020 to the recent low in September 2024. This decline suggests potential challenges in managing production costs or pricing strategies. It is essential for the company to closely monitor and address factors impacting its gross profit margin to ensure sustained profitability and operational efficiency.


Peer comparison

Sep 30, 2024

Company name
Symbol
Gross profit margin
Rockwell Automation Inc
ROK
39.02%
Onto Innovation Inc
ONTO
51.51%
Thermo Fisher Scientific Inc
TMO
74.68%
Trimble Inc
TRMB
61.04%