Tempur Sealy International Inc (TPX)
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 | 2,128,700 | 2,105,100 | 2,072,500 | 2,026,700 | 2,049,600 | 2,164,900 | 2,200,900 | 2,222,600 | 2,158,700 | 2,039,400 | 1,992,500 | 1,740,200 | 1,638,400 | 1,539,600 | 1,370,000 | 1,417,500 | 1,342,200 | 1,239,000 | 1,178,400 | 1,137,800 |
| Revenue (ttm) | US$ in thousands | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 | 3,106,000 | 2,910,800 | 2,819,300 | 2,766,200 |
| Gross profit margin | 43.22% | 42.59% | 41.88% | 41.45% | 41.65% | 42.50% | 42.58% | 43.36% | 43.78% | 44.06% | 45.26% | 44.64% | 44.56% | 44.10% | 43.08% | 43.78% | 43.21% | 42.57% | 41.80% | 41.13% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,128,700K ÷ $4,925,400K
= 43.22%
Tempur Sealy International Inc's gross profit margin has shown a fluctuating trend over the past eight quarters. The margin ranged from 41.45% to 43.22% during Q1 2023 to Q4 2023. There was a slight increase in Q4 2023 compared to the previous quarter, indicating improved profitability in the most recent period. However, it is noteworthy that the margin was lower in Q2 2023 at 41.88%.
Overall, Tempur Sealy International Inc has maintained a gross profit margin within the range of 41.45% to 43.22% during the analyzed period. This range suggests that the company is able to effectively manage its cost of goods sold relative to its revenue, but there may be fluctuations in operational efficiency or pricing strategy that impact the margin from quarter to quarter.
Peer comparison
Dec 31, 2023