Standex International Corporation (SXI)

Gross profit margin

Jun 30, 2025 Mar 31, 2025 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
Gross profit (ttm) US$ in thousands 310,601 293,363 279,307 279,523 282,085 286,298 288,821 289,478 285,096 278,026 275,510 271,962 269,946 269,198 263,517 252,761 241,260 222,370 212,185 220,622
Revenue (ttm) US$ in thousands 790,107 748,252 717,739 706,325 720,635 728,768 735,833 745,222 741,048 737,460 742,409 740,329 735,339 727,035 709,970 680,544 656,220 619,171 602,429 636,731
Gross profit margin 39.31% 39.21% 38.91% 39.57% 39.14% 39.29% 39.25% 38.84% 38.47% 37.70% 37.11% 36.74% 36.71% 37.03% 37.12% 37.14% 36.77% 35.91% 35.22% 34.65%

June 30, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $310,601K ÷ $790,107K
= 39.31%

The gross profit margin of Standex International Corporation demonstrates a generally upward trend over the analyzed period from September 30, 2020, through June 30, 2025. Beginning at 34.65% in September 2020, the margin shows consistent improvement, reaching 39.31% by June 2025.

Throughout this timeframe, the gross profit margin exhibits gradual increases with minor fluctuations. Notably, the margin increased steadily after September 2020, approaching and surpassing 35% by March 2021. The most significant upward movement appears between June 2023 and September 2024, with the margin rising from approximately 38.47% to a peak of 39.57%, indicating enhanced profitability on sales.

The data suggests that the company's ability to maintain or improve gross profit margins has been sustained over multiple periods, reflecting successful cost management, pricing strategies, or a favorable product mix. The incremental growth over time indicates stability and potential operational efficiencies. Minor declines observed in some quarters are relatively small and may reflect seasonal or market factors rather than fundamental issues.

In conclusion, the trend in the gross profit margin indicates a positive trajectory, with the company progressively increasing its gross profitability over the analyzed period, positioning it favorably in terms of core operational performance.


Peer comparison

Jun 30, 2025

Company name
Symbol
Gross profit margin
Standex International Corporation
SXI
39.31%
Hayward Holdings Inc
HAYW
49.15%
Middleby Corp
MIDD
37.08%
Tennant Company
TNC
42.75%