Somnigroup International Inc. (SGI)
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 | 2,169,500 | 2,153,300 | 2,141,400 | 2,128,700 | 2,105,100 | 2,072,500 | 2,026,700 | 2,049,600 | 2,164,900 | 2,200,900 | 2,222,600 | 2,158,700 | 2,039,400 | 1,992,500 | 1,740,200 | 1,638,400 | 1,539,600 | 1,370,000 | 1,417,500 | 1,342,200 |
| Revenue (ttm) | US$ in thousands | 4,893,500 | 4,870,600 | 4,906,700 | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 | 3,106,000 |
| Gross profit margin | 44.33% | 44.21% | 43.64% | 43.22% | 42.59% | 41.88% | 41.45% | 41.65% | 42.50% | 42.58% | 43.36% | 43.78% | 44.06% | 45.26% | 44.64% | 44.56% | 44.10% | 43.08% | 43.78% | 43.21% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,169,500K ÷ $4,893,500K
= 44.33%
Somnigroup International Inc.'s gross profit margin has shown fluctuations over the past few years, with some periods of improvement followed by periods of decline.
Starting at 43.21% as of December 31, 2019, the gross profit margin increased slightly to 43.78% by March 31, 2020, before dipping to 43.08% by June 30, 2020. The trend reversed as the margin increased to 44.10% by September 30, 2020, and further to 44.56% by December 31, 2020.
The upward trend continued into 2021, peaking at 45.26% by June 30, 2021. However, the margin started to decline from there, reaching 43.78% by December 31, 2021.
Throughout 2022 and into 2023, the gross profit margin continued to decrease, hitting a low of 41.45% by March 31, 2023.
From March 31, 2023, there was a slight improvement in the margin, reaching 44.21% by June 30, 2024.
Overall, the gross profit margin of Somnigroup International Inc. has displayed variability, impacted by factors such as pricing strategies, cost management, and changes in revenue. Monitoring and analyzing these fluctuations can provide valuable insights into the company's operational efficiency and profitability.
Peer comparison
Sep 30, 2024