Stanley Black & Decker Inc (SWK)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 338,200 | 1,558,500 | 2,584,900 | 3,814,200 | 4,284,100 | 4,657,600 | 4,855,100 | 5,009,800 | 5,092,200 | 5,369,500 | 5,385,800 | 4,910,500 | 4,405,400 | 4,161,700 | 4,169,300 | 4,582,600 | 4,805,500 | 4,804,800 | 4,804,800 | 4,804,800 |
| Revenue (ttm) | US$ in thousands | 15,781,100 | 16,031,400 | 16,197,100 | 16,431,200 | 16,947,400 | 16,942,500 | 16,602,600 | 16,008,500 | 15,281,300 | 15,302,100 | 15,010,500 | 14,017,900 | 13,057,700 | 12,769,200 | 12,914,200 | 13,869,200 | 14,442,200 | 14,362,700 | 14,362,700 | 14,362,700 |
| Gross profit margin | 2.14% | 9.72% | 15.96% | 23.21% | 25.28% | 27.49% | 29.24% | 31.29% | 33.32% | 35.09% | 35.88% | 35.03% | 33.74% | 32.59% | 32.28% | 33.04% | 33.27% | 33.45% | 33.45% | 33.45% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $338,200K ÷ $15,781,100K
= 2.14%
The gross profit margin of Stanley Black & Decker Inc has shown fluctuations over the past few quarters. The margin declined from 33.45% in March 2019 to a low of 2.14% in December 2023, indicating a significant decrease in profitability during this period. However, there was a gradual improvement in the margin from December 2023 to March 2023, where it increased from 2.14% to 23.21%.
Overall, the trend in gross profit margin for Stanley Black & Decker Inc has shown some volatility, with fluctuations in profitability levels. It is important for investors and stakeholders to monitor and analyze the company's performance metrics closely to assess the impact on its financial health and viability.
Peer comparison
Dec 31, 2023