Sealed Air Corporation (SEE)
Gross profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,593,200 | 1,573,300 | 1,585,100 | 1,604,400 | 1,623,300 | 1,660,400 | 1,680,700 | 1,701,000 | 1,772,900 | 1,824,300 | 1,794,400 | 1,756,800 | 1,680,900 | 1,629,900 | 1,630,700 | 1,619,900 | 1,609,300 | 1,614,200 | 1,601,700 | 1,590,100 |
| Revenue (ttm) | US$ in thousands | 5,392,600 | 5,397,300 | 5,434,000 | 5,469,700 | 5,488,900 | 5,517,300 | 5,535,900 | 5,573,100 | 5,641,900 | 5,767,500 | 5,773,800 | 5,684,300 | 5,533,800 | 5,343,200 | 5,173,700 | 4,996,400 | 4,903,200 | 4,861,200 | 4,842,500 | 4,852,300 |
| Gross profit margin | 29.54% | 29.15% | 29.17% | 29.33% | 29.57% | 30.09% | 30.36% | 30.52% | 31.42% | 31.63% | 31.08% | 30.91% | 30.38% | 30.50% | 31.52% | 32.42% | 32.82% | 33.21% | 33.08% | 32.77% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,593,200K ÷ $5,392,600K
= 29.54%
The gross profit margin of Sealed Air Corporation has shown a gradual decline over the past few years, indicating a trend of decreasing profitability from the sale of goods and services. The margin was relatively stable around the mid-30% range from March 2020 to September 2021. However, starting from March 2022, there was a noticeable decline in the gross profit margin, dropping to 29.33% by March 2024.
This downward trend suggests that Sealed Air Corporation may be facing challenges in maintaining its cost efficiency or pricing strategy, which could be affecting its ability to generate profits from its core operations. It is important for the company to closely monitor and address the factors contributing to this decline to sustain its profitability levels in the future.
Peer comparison
Dec 31, 2024