Sally Beauty Holdings Inc (SBH)
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 | 1,890,332 | 1,877,693 | 1,871,515 | 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 |
| Revenue (ttm) | US$ in thousands | 3,717,033 | 3,623,305 | 3,614,026 | 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 |
| Gross profit margin | 50.86% | 51.82% | 51.78% | 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% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,890,332K ÷ $3,717,033K
= 50.86%
Sally Beauty Holdings Inc has maintained a relatively stable gross profit margin over the past few years, ranging from 49.41% to 52.22%. The gross profit margin measures the percentage of revenue remaining after deducting the cost of goods sold, indicating the company's ability to generate profit from its core operations.
The company's gross profit margin peaked at 52.22% in Jun 30, 2022, but has since fluctuated within a narrow range. Although the margin dipped to 49.41% in Dec 31, 2019, it has generally been above 50% in recent periods, reflecting the company's efficiency in managing its production and procurement costs.
With gross profit margins consistently above 50%, Sally Beauty Holdings Inc demonstrates a strong ability to generate profits from its sales revenue. However, it is essential for the company to monitor and control its cost of goods sold to sustain or improve its profitability in the competitive retail industry.
Peer comparison
Sep 30, 2024