Treehouse Foods Inc (THS)
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 | 576,100 | 599,300 | 594,700 | 572,500 | 517,600 | 464,500 | 457,500 | 448,400 | 466,700 | 572,700 | 635,000 | 724,300 | 802,200 | 799,400 | 797,500 | 795,500 | 796,800 | 823,200 | 850,900 | 876,800 |
| Revenue (ttm) | US$ in thousands | 3,512,500 | 3,723,700 | 3,693,300 | 3,659,900 | 3,537,700 | 3,232,000 | 3,150,800 | 3,279,600 | 3,500,200 | 2,763,200 | 3,057,200 | 3,160,100 | 3,251,800 | 4,312,000 | 4,323,600 | 4,307,000 | 4,288,900 | 4,630,500 | 4,967,200 | 5,397,700 |
| Gross profit margin | 16.40% | 16.09% | 16.10% | 15.64% | 14.63% | 14.37% | 14.52% | 13.67% | 13.33% | 20.73% | 20.77% | 22.92% | 24.67% | 18.54% | 18.45% | 18.47% | 18.58% | 17.78% | 17.13% | 16.24% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $576,100K ÷ $3,512,500K
= 16.40%
Treehouse Foods Inc's gross profit margin has shown a consistent improvement over the past eight quarters. The gross profit margin increased steadily from Q1 2022 to Q3 2023, reaching its peak of 17.29%. However, there was a slight decrease in Q4 2023 to 16.79%. Overall, the trend indicates that the company has been able to effectively manage its cost of goods sold and generate higher profits from its sales. The increasing gross profit margin reflects a positive trend in the company's operational efficiency and pricing strategy, which could potentially lead to improved financial performance in the future.
Peer comparison
Dec 31, 2023