WD-40 Company (WDFC)
Gross profit margin
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 315,227 | 303,007 | 292,381 | 285,518 | 274,220 | 263,887 | 251,110 | 250,550 | 254,765 | 252,001 | 265,474 | 261,963 | 263,739 | 267,533 | 248,125 | 239,720 | 223,017 | 218,463 | 227,496 | 230,052 |
| Revenue (ttm) | US$ in thousands | 587,047 | 570,084 | 555,159 | 545,753 | 531,830 | 524,985 | 507,863 | 508,545 | 517,038 | 501,187 | 514,594 | 497,126 | 488,109 | 484,515 | 446,357 | 434,501 | 408,498 | 403,596 | 419,338 | 420,624 |
| Gross profit margin | 53.70% | 53.15% | 52.67% | 52.32% | 51.56% | 50.27% | 49.44% | 49.27% | 49.27% | 50.28% | 51.59% | 52.70% | 54.03% | 55.22% | 55.59% | 55.17% | 54.59% | 54.13% | 54.25% | 54.69% |
August 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $315,227K ÷ $587,047K
= 53.70%
WD-40 Company's gross profit margin has shown a generally stable trend over the past few quarters, ranging from a low of 49.27% to a high of 55.59%. The company's gross profit margin peaked in the second quarter of fiscal year 2021 at 55.59% and has since fluctuated within a range of 49.27% to 55.22%.
Overall, the company has maintained a healthy gross profit margin above 50% in most periods, indicating that the company is able to effectively control its production costs and generate a significant margin on its products. This consistency in maintaining a gross profit margin above 50% demonstrates strong profitability and efficient operations within the company.
Peer comparison
Aug 31, 2024