Sealed Air Corporation (SEE)
Gross profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Gross profit | US$ in thousands | 1,625,100 | 1,641,300 | 1,772,900 | 1,680,900 | 1,609,300 |
Revenue | US$ in thousands | 5,392,600 | 5,488,900 | 5,641,900 | 5,533,800 | 4,903,200 |
Gross profit margin | 30.14% | 29.90% | 31.42% | 30.38% | 32.82% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,625,100K ÷ $5,392,600K
= 30.14%
Sealed Air Corporation's gross profit margin has shown some fluctuation over the past five years. In December 2020, the gross profit margin stood at 32.82%, but it decreased to 30.38% by December 2021. There was a slight improvement in the margin to 31.42% by December 2022, but it declined again to 29.90% by December 2023. In the most recent period, December 2024, the gross profit margin increased slightly to 30.14%. This trend indicates that Sealed Air Corporation has experienced some variability in the profitability of its core operations over the years, which may be influenced by factors such as changes in input costs, pricing strategies, and overall market conditions.
Peer comparison
Dec 31, 2024