Woodward Inc (WWD)

Woodward Inc's gross profit margin has shown variability over the past five years. In the most recent fiscal year ending September 30, 2024, the gross profit margin improved significantly to 16.25%, indicating the company was able to generate more gross profit relative to its revenue. This increase from the prior two years suggests improved operational efficiencies, better cost management, or potentially higher pricing power.

In the fiscal year ending September 30, 2023, the gross profit margin was relatively low at 10.75%, which may have been a result of higher production costs or pricing pressures. The margin slightly increased to 10.90% in the following fiscal year ending September 30, 2022, but remained relatively low compared to the most recent year.

In the fiscal years ending September 30, 2021 and September 30, 2020, the gross profit margins were 12.77% and 11.93% respectively. These margins were slightly higher than those in the middle years, suggesting some fluctuation in the company's ability to control costs and generate profits during that period.

Overall, Woodward Inc's gross profit margin has displayed variation across the years, with the most recent year showing a notable improvement. Further analysis of the company's cost structure, pricing strategies, and operational efficiency may provide more insights into the factors driving these fluctuations in the gross profit margin.