Wolverine World Wide Inc (WWW)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 769,100 | 744,400 | 760,600 | 816,000 | 872,500 | 903,700 | 966,100 | 1,045,400 | 1,070,400 | 1,108,600 | 1,105,600 | 1,068,900 | 1,029,900 | 972,100 | 899,300 | 776,100 | 735,600 | 760,900 | 802,200 | 885,400 |
| Revenue (ttm) | US$ in thousands | 1,755,000 | 1,787,000 | 1,874,500 | 2,038,400 | 2,242,900 | 2,381,200 | 2,544,900 | 2,669,400 | 2,684,800 | 2,655,400 | 2,600,700 | 2,519,000 | 2,414,900 | 2,288,900 | 2,145,300 | 1,862,500 | 1,791,100 | 1,888,900 | 1,970,100 | 2,189,600 |
| Gross profit margin | 43.82% | 41.66% | 40.58% | 40.03% | 38.90% | 37.95% | 37.96% | 39.16% | 39.87% | 41.75% | 42.51% | 42.43% | 42.65% | 42.47% | 41.92% | 41.67% | 41.07% | 40.28% | 40.72% | 40.44% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $769,100K ÷ $1,755,000K
= 43.82%
Wolverine World Wide Inc's gross profit margin has shown fluctuations over the given time period. Starting at 40.44% in March 2020, the margin improved to 42.65% by December 2021. Subsequently, there was a decline in the gross profit margin to 37.95% by September 2023, followed by a recovery to 43.82% by December 2024.
The gross profit margin is an important metric that indicates the efficiency of the company in managing its production costs. A higher gross profit margin generally signifies that the company is able to generate more gross profit from its sales after deducting the cost of goods sold.
The overall trend for Wolverine World Wide Inc's gross profit margin shows some volatility but exhibits a general upward trend from the initial period to the end of the period under review. However, there are fluctuations in between, suggesting potential changes in the company's pricing strategies, cost structures, or competitive landscape that impacted its ability to generate gross profit from its sales. Additional analysis of the company's operational performance and industry trends could provide further insights into the factors influencing the gross profit margin of Wolverine World Wide Inc.
Peer comparison
Dec 31, 2024