Winnebago Industries Inc (WGO)
Gross profit margin
| Aug 31, 2024 | May 25, 2024 | Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 433,500 | 466,800 | 500,000 | 541,500 | 586,100 | 668,900 | 790,500 | 860,300 | 929,300 | 906,202 | 802,814 | 742,796 | 650,400 | 585,707 | 448,119 | 371,319 | 312,928 | 273,607 | 328,167 | 314,814 |
| Revenue (ttm) | US$ in thousands | 2,964,100 | 3,010,100 | 3,119,700 | 3,282,800 | 3,470,200 | 3,872,190 | 4,424,220 | 4,717,230 | 4,916,430 | 4,773,490 | 4,277,556 | 3,952,980 | 3,594,235 | 3,306,092 | 2,748,414 | 2,536,739 | 2,332,393 | 2,124,982 | 2,259,904 | 2,074,435 |
| Gross profit margin | 14.63% | 15.51% | 16.03% | 16.50% | 16.89% | 17.27% | 17.87% | 18.24% | 18.90% | 18.98% | 18.77% | 18.79% | 18.10% | 17.72% | 16.30% | 14.64% | 13.42% | 12.88% | 14.52% | 15.18% |
August 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $433,500K ÷ $2,964,100K
= 14.63%
The gross profit margin for Winnebago Industries Inc has exhibited some fluctuations over the past several periods. The trend shows a gradual increase from November 2019 to February 2023, peaking at 18.90% in August 2022. However, there was a slight decline in the subsequent periods, with the lowest gross profit margin of 12.88% recorded in November 2020. From there, the gross profit margin has been somewhat volatile, hovering between 13% and 17%. As of the most recent period ended August 31, 2024, the gross profit margin stands at 14.63%.
Overall, the company has generally maintained a gross profit margin above 15% during most periods, indicating a reasonably healthy level of profitability from its core operations. However, the recent downward trend in the margin may warrant further analysis to understand potential factors impacting the company's cost structure and pricing strategies. Investors and stakeholders may want to monitor this metric for any sustained deviation from historical levels.
Peer comparison
Aug 31, 2024