Sally Beauty Holdings Inc (SBH)

Gross profit margin

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Gross profit (ttm) US$ in thousands 1,876,782 1,898,180 1,895,114 1,910,617 1,907,610 1,919,165 1,956,644 1,980,842 1,982,739 1,953,334 1,941,502 1,748,942 1,711,470 1,715,594 1,705,742 1,866,118 1,904,685 1,910,542 1,909,343 1,920,491
Revenue (ttm) US$ in thousands 3,628,215 3,653,284 3,698,523 3,711,659 3,701,123 3,722,075 3,746,879 3,820,324 3,831,278 3,779,726 3,767,647 3,446,701 3,393,635 3,444,070 3,452,195 3,723,594 3,796,746 3,802,820 3,802,880 3,825,274
Gross profit margin 51.73% 51.96% 51.24% 51.48% 51.54% 51.56% 52.22% 51.85% 51.75% 51.68% 51.53% 50.74% 50.43% 49.81% 49.41% 50.12% 50.17% 50.24% 50.21% 50.21%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,876,782K ÷ $3,628,215K
= 51.73%

Sally Beauty Holdings Inc's gross profit margin has shown relatively stable performance over the past eight quarters, ranging between 50.28% to 50.92%. The company's ability to maintain its gross profit margin above the 50% mark indicates efficient management of production and pricing strategies to generate profits after accounting for the cost of goods sold. This consistent performance suggests that Sally Beauty Holdings Inc has a well-controlled cost structure and effective pricing mechanisms in place. However, slight fluctuations in the gross profit margin from quarter to quarter may be influenced by factors such as changes in product mix, pricing competition, or fluctuations in input costs. Overall, the company's ability to consistently achieve a gross profit margin above 50% is a positive indication of its operational efficiency and profitability.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
Sally Beauty Holdings Inc
SBH
51.73%
IAC Inc.
IAC
0.44%
Leslies Inc
LESL
38.70%
Match Group Inc
MTCH
40.15%
Ulta Beauty Inc
ULTA
39.09%