Sotera Health Co (SHC)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 602,295 | 577,158 | 557,004 | 518,672 | 443,572 |
| Revenue | US$ in thousands | 1,100,440 | 1,049,290 | 1,003,690 | 931,478 | 818,158 |
| Gross profit margin | 54.73% | 55.00% | 55.50% | 55.68% | 54.22% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $602,295K ÷ $1,100,440K
= 54.73%
Based on the data provided, Sotera Health Co's gross profit margin has shown relatively stable performance over the past five years. From December 31, 2020, to December 31, 2024, the gross profit margin has fluctuated within a narrow range, with values ranging from 54.22% to 55.68%. This indicates that the company has been able to effectively manage its cost of goods sold in relation to its revenue during this period.
While there was a slight decrease in the gross profit margin from 2021 to 2022, the margin improved again in 2023 before slightly decreasing in 2024. Overall, the company has maintained a healthy gross profit margin above 50% throughout these years, which suggests efficient cost control and pricing strategies.
It is important for Sotera Health Co to continue monitoring its gross profit margin closely to ensure that it remains competitive and sustainable. By analyzing this trend and identifying any potential factors affecting the margin, the company can make informed decisions to optimize its profitability in the future.
Peer comparison
Dec 31, 2024