Standex International Corporation (SXI)
Gross profit margin
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 282,001 | 286,214 | 288,821 | 289,478 | 285,096 | 278,026 | 275,510 | 271,962 | 269,946 | 269,198 | 263,517 | 252,761 | 241,260 | 222,002 | 211,817 | 211,597 | 215,087 | 238,618 | 254,302 | 272,075 |
| Revenue (ttm) | US$ in thousands | 718,614 | 725,709 | 793,464 | 802,306 | 797,947 | 794,463 | 737,484 | 735,444 | 729,921 | 721,675 | 689,907 | 660,406 | 636,318 | 603,067 | 633,831 | 669,734 | 716,376 | 783,267 | 813,001 | 841,914 |
| Gross profit margin | 39.24% | 39.44% | 36.40% | 36.08% | 35.73% | 35.00% | 37.36% | 36.98% | 36.98% | 37.30% | 38.20% | 38.27% | 37.92% | 36.81% | 33.42% | 31.59% | 30.02% | 30.46% | 31.28% | 32.32% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $282,001K ÷ $718,614K
= 39.24%
Standex International Corporation's gross profit margin has shown fluctuation over the past few quarters. The gross profit margin has been relatively stable in the range of high 30% to low 40%. However, there have been periods of slight decrease followed by slight increase in the margin.
For the most recent quarter, ending June 30, 2024, the gross profit margin was 39.24%, which is slightly lower compared to the previous quarter but remains within the historical range. This indicates that Standex International Corporation has been able to maintain a healthy level of profitability in relation to its revenues.
Overall, the trend in the gross profit margins of Standex International Corporation suggests that the company has been managing its cost of goods sold effectively, but there may be some variability in the profitability of its operations from quarter to quarter. It is important to monitor this metric in conjunction with other financial ratios and operational performance indicators to gain a comprehensive understanding of the company's financial health and performance.
Peer comparison
Jun 30, 2024