Standex International Corporation (SXI)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 300,636 | 282,001 | 285,096 | 269,946 | 241,261 |
| Revenue | US$ in thousands | 790,107 | 720,635 | 741,048 | 735,339 | 656,232 |
| Gross profit margin | 38.05% | 39.13% | 38.47% | 36.71% | 36.76% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $300,636K ÷ $790,107K
= 38.05%
The gross profit margin of Standex International Corporation demonstrates a pattern of gradual fluctuation over the analyzed period from June 30, 2021, to June 30, 2025. Initially, the gross profit margin was 36.76% as of June 30, 2021, and remained relatively stable at 36.71% by June 30, 2022, indicating consistent profitability on sales before accounting for operating expenses.
Between June 30, 2022, and June 30, 2023, there was a modest increase in gross profit margin to 38.47%. This suggests an improvement in the company's ability to generate gross profit relative to sales, possibly attributable to higher sales prices, improved cost controls, or a combination of both.
The upward trend continued into June 30, 2024, with the gross profit margin reaching 39.13%. This marks the highest point within the period analyzed, indicating continued efficiency improvements, product mix enhancements, or favorable pricing strategies leading to increased gross profitability.
However, by June 30, 2025, the gross profit margin declined slightly to 38.05%. Although still elevated compared to the initial levels in 2021 and 2022, this decrease may signal some pressure on gross margins, potentially due to rising costs, increased competition, or changes in product or customer mix.
Overall, the gross profit margin trend over the period reflects a generally positive trajectory with an overall increase from 36.76% to 38.05%, with a peak at 39.13% in 2024. The margins exhibit some variability, but the data indicates an overarching trend of improved gross profitability, punctuated by a slight downturn in the final year.
Peer comparison
Jun 30, 2025