Somnigroup International Inc. (SGI)
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 | 2,180,100 | 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 |
| Revenue (ttm) | US$ in thousands | 4,930,900 | 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 |
| Gross profit margin | 44.21% | 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% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,180,100K ÷ $4,930,900K
= 44.21%
Somnigroup International Inc.'s gross profit margin has shown fluctuations over the years based on the provided data. The trend shows an increase from 43.78% in March 31, 2020, to a peak of 45.26% in June 30, 2021. However, there was a subsequent decline in the margin, reaching a low of 41.45% in March 31, 2023. This decrease may raise concerns about the company's ability to effectively control its cost of goods sold.
It is noteworthy that the gross profit margin improved in the later periods, reaching 44.21% by December 31, 2024. This suggests that the company may have implemented strategies to enhance profitability by either increasing sales prices, negotiating better supplier terms, or streamlining its production processes.
Analyzing the gross profit margin can provide insights into a company's pricing strategy, cost structure, and overall operational efficiency. A consistent or improving gross profit margin indicates that the company is effectively managing its production costs relative to its revenues, which is crucial for long-term profitability and sustainability. However, a declining margin may indicate increased competition, cost pressures, or pricing challenges that need to be addressed.
Peer comparison
Dec 31, 2024