Sally Beauty Holdings Inc (SBH)
Gross profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,898,180 | 1,919,160 | 1,953,330 | 1,715,590 | 1,910,540 |
| Revenue | US$ in thousands | 3,652,760 | 3,705,580 | 3,777,230 | 3,415,500 | 3,779,150 |
| Gross profit margin | 51.97% | 51.79% | 51.71% | 50.23% | 50.55% |
September 30, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,898,180K ÷ $3,652,760K
= 51.97%
Sally Beauty Holdings Inc's gross profit margin has remained relatively stable over the past five years, ranging from 48.82% in 2020 to 50.92% in 2023. The overall trend indicates that the company has been able to maintain a strong gross profit margin, with a slight fluctuation from year to year. This stability suggests effective management of production and pricing strategies, as well as control over the cost of goods sold. The consistently high gross profit margin reflects the company's ability to generate a significant profit from its core business operations, which is a positive indicator of its financial health and operational efficiency.
Peer comparison
Sep 30, 2023