Sally Beauty Holdings Inc (SBH)
Gross profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,890,330 | 1,898,180 | 1,919,160 | 1,953,330 | 1,715,590 |
| Revenue | US$ in thousands | 3,713,300 | 3,652,760 | 3,705,580 | 3,777,230 | 3,415,500 |
| Gross profit margin | 50.91% | 51.97% | 51.79% | 51.71% | 50.23% |
September 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,890,330K ÷ $3,713,300K
= 50.91%
The gross profit margin of Sally Beauty Holdings Inc has exhibited moderate fluctuations over the past five years. In the fiscal year ending September 30, 2024, the company's gross profit margin stood at 50.91%, a slight decrease from the previous year's 51.97%. Despite this decline, the gross profit margin remains relatively stable within the range of 50.23% to 51.97% over the five-year period.
The downward trend in the gross profit margin may raise concerns about the company's ability to effectively manage its cost of goods sold relative to its sales revenue. However, it is important to note that gross profit margin can be influenced by various factors such as pricing strategies, competition, and input costs.
Overall, further analysis of Sally Beauty Holdings Inc's cost structure and pricing strategy would be beneficial to determine the underlying factors driving the changes in its gross profit margin over the years.
Peer comparison
Sep 30, 2024