Stanley Black & Decker Inc (SWK)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 4,514,400 | 4,098,000 | 4,284,100 | 5,194,200 | 4,967,900 |
| Revenue | US$ in thousands | 15,365,700 | 15,781,100 | 16,947,400 | 15,617,200 | 14,534,600 |
| Gross profit margin | 29.38% | 25.97% | 25.28% | 33.26% | 34.18% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,514,400K ÷ $15,365,700K
= 29.38%
Based on the data provided, Stanley Black & Decker Inc's gross profit margin has experienced fluctuations over the past five years. The gross profit margin decreased from 34.18% in December 2020 to 33.26% in December 2021. It then declined significantly to 25.28% in December 2022, but showed a slight improvement to 25.97% in December 2023. By December 2024, the gross profit margin increased to 29.38%.
The decreasing trend observed in 2022 may indicate challenges in controlling production costs or pricing pressures affecting the company's profitability. However, the subsequent improvements in 2023 and 2024 suggest that Stanley Black & Decker Inc may have implemented strategies to enhance its gross profit margin efficiency.
It is important for the company to continue monitoring and analyzing its gross profit margin to ensure sustainable profitability and competitiveness in the market.
Peer comparison
Dec 31, 2024