Regal Beloit Corporation (RRX)
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 | 2,189,200 | 2,241,800 | 2,227,700 | 2,222,300 | 2,067,300 | 1,910,700 | 1,776,200 | 1,645,900 | 1,669,700 | 1,597,300 | 1,444,200 | 1,262,200 | 1,085,700 | 965,000 | 932,000 | 850,800 | 808,700 | 785,400 | 765,700 | 829,400 |
| Revenue (ttm) | US$ in thousands | 6,033,800 | 6,180,900 | 6,353,300 | 6,574,300 | 6,250,700 | 5,887,200 | 5,562,700 | 5,143,500 | 5,217,900 | 5,189,800 | 4,757,200 | 4,294,700 | 3,810,300 | 3,374,200 | 3,239,700 | 2,986,900 | 2,907,000 | 2,864,700 | 2,878,800 | 3,118,400 |
| Gross profit margin | 36.28% | 36.27% | 35.06% | 33.80% | 33.07% | 32.46% | 31.93% | 32.00% | 32.00% | 30.78% | 30.36% | 29.39% | 28.49% | 28.60% | 28.77% | 28.48% | 27.82% | 27.42% | 26.60% | 26.60% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,189,200K ÷ $6,033,800K
= 36.28%
The gross profit margin of Regal Beloit Corporation has shown an improving trend over the analyzed periods from March 31, 2020, to December 31, 2024. Starting at 26.60% in March 2020, the gross profit margin has steadily increased, reaching 36.28% by the end of December 2024.
The company has effectively managed its cost of goods sold relative to its revenue during this period, indicating operational efficiency and potentially effective cost control measures. The consistent improvement in gross profit margin reflects the company's ability to generate more revenue per dollar of sales while also effectively managing its production costs.
Investors and stakeholders may view this trend positively as it demonstrates the company's ability to maintain healthy profit margins and potentially enhance its overall financial performance over time. Further monitoring of the gross profit margin can provide insights into the company's operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2024