Sotera Health Co (SHC)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 577,158 | 538,795 | 528,824 | 539,632 | 557,004 | 549,237 | 538,810 | 532,175 | 518,672 |
| Revenue (ttm) | US$ in thousands | 1,049,288 | 990,639 | 976,166 | 987,523 | 1,003,687 | 993,346 | 970,806 | 956,084 | 931,478 |
| Gross profit margin | 55.00% | 54.39% | 54.17% | 54.65% | 55.50% | 55.29% | 55.50% | 55.66% | 55.68% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $577,158K ÷ $1,049,288K
= 55.00%
The gross profit margin of Sotera Health Co has shown relatively consistent performance over the past eight quarters, ranging from 54.17% to 55.50%. The company has maintained a healthy gross profit margin, indicating efficient cost management and pricing strategies in generating revenue from its core operations. Despite minor fluctuations, the gross profit margin has generally stayed within a narrow range, reflecting stability in the company's ability to generate profits from its sales after accounting for the cost of goods sold. Overall, the trend suggests that Sotera Health Co has been able to maintain a strong level of profitability in its operations.
Peer comparison
Dec 31, 2023