Triumph Group Inc (TGI)
Gross profit margin
| 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 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 322,842 | 318,299 | 319,964 | 344,689 | 351,755 | 350,099 | 365,372 | 360,895 | 386,879 | 392,185 | 390,505 | 395,187 | 393,453 | 402,303 | 459,262 | 490,975 | 509,202 | 524,356 | 454,163 | 430,064 |
| Revenue (ttm) | US$ in thousands | 1,192,043 | 1,158,914 | 1,135,621 | 1,158,543 | 1,244,104 | 1,305,297 | 1,362,884 | 1,412,680 | 1,459,942 | 1,540,124 | 1,646,869 | 1,771,288 | 1,869,719 | 2,095,996 | 2,374,668 | 2,664,963 | 2,900,117 | 3,076,034 | 3,179,263 | 3,262,261 |
| Gross profit margin | 27.08% | 27.47% | 28.18% | 29.75% | 28.27% | 26.82% | 26.81% | 25.55% | 26.50% | 25.46% | 23.71% | 22.31% | 21.04% | 19.19% | 19.34% | 18.42% | 17.56% | 17.05% | 14.29% | 13.18% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $322,842K ÷ $1,192,043K
= 27.08%
The gross profit margin of Triumph Group Inc has shown a fluctuating trend over the past few quarters. It started at 13.18% in June 2019, steadily increasing and reaching a peak of 29.75% in June 2023. However, the margin slightly declined to 27.08% by March 2024.
Overall, the company has managed to maintain a gross profit margin above 20% for the most recent quarters, indicating a healthy level of profitability. The fluctuations may be due to various factors such as changes in revenue, cost of goods sold, and operational efficiency. Further analysis is required to determine the specific reasons behind these fluctuations and their potential impact on the company's financial performance.
Peer comparison
Mar 31, 2024