Sotera Health Co (SHC)
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 | 571,146 | 571,163 | 559,123 | 561,337 | 561,457 | 538,795 | 528,824 | 539,632 | 557,004 | 549,237 | 538,810 | 532,175 | 518,672 | 505,296 | 487,221 | 462,427 | 443,572 | 420,216 | 412,949 | 392,965 |
| Revenue (ttm) | US$ in thousands | 1,100,441 | 1,120,477 | 1,098,186 | 1,076,874 | 1,049,288 | 990,639 | 976,166 | 987,523 | 1,003,687 | 993,346 | 970,806 | 956,084 | 931,478 | 907,074 | 880,938 | 842,106 | 818,158 | 794,798 | 790,092 | 771,767 |
| Gross profit margin | 51.90% | 50.97% | 50.91% | 52.13% | 53.51% | 54.39% | 54.17% | 54.65% | 55.50% | 55.29% | 55.50% | 55.66% | 55.68% | 55.71% | 55.31% | 54.91% | 54.22% | 52.87% | 52.27% | 50.92% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $571,146K ÷ $1,100,441K
= 51.90%
Sotera Health Co's gross profit margin has shown fluctuation over the past few years, starting at 50.92% as of March 31, 2020, and gradually increasing to a peak of 55.71% as of September 30, 2021. Subsequently, there was a slight decline in the margin but it remained relatively stable around the mid-50% range until December 31, 2023. From there, the gross profit margin began to decline, reaching 51.90% as of December 31, 2024.
Overall, Sotera Health Co's gross profit margin trended upwards initially, indicating an improvement in the efficiency of its production process and cost management. However, the subsequent decline could suggest potential challenges in maintaining profitability or controlling costs effectively. It may be important for the company to assess its cost structure and operational efficiency to sustain profitability in the future.
Peer comparison
Dec 31, 2024