Wolverine World Wide Inc (WWW)
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 | 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 | 923,800 | 921,000 | 909,800 | 913,600 |
| Revenue (ttm) | US$ in thousands | 2,179,400 | 2,287,700 | 2,455,100 | 2,586,000 | 2,599,900 | 2,659,500 | 2,607,200 | 2,525,300 | 2,414,900 | 2,292,400 | 2,145,300 | 1,861,300 | 1,790,000 | 1,882,000 | 1,966,600 | 2,188,800 | 2,273,700 | 2,243,100 | 2,229,800 | 2,229,100 |
| Gross profit margin | 40.03% | 39.50% | 39.35% | 40.43% | 41.17% | 41.68% | 42.41% | 42.33% | 42.65% | 42.41% | 41.92% | 41.70% | 41.09% | 40.43% | 40.79% | 40.45% | 40.63% | 41.06% | 40.80% | 40.99% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $872,500K ÷ $2,179,400K
= 40.03%
The gross profit margin of Wolverine World Wide Inc has shown a slight fluctuation over the past few quarters, ranging from a high of 42.65% in March 2022 to a low of 39.35% in June 2023. Overall, the company has maintained a gross profit margin in the range of 39.35% to 42.65% indicating its ability to generate profits after accounting for the cost of goods sold. It is important to monitor any significant deviations in the gross profit margin as it may reflect changes in pricing strategies, production costs, or sales mix, which could impact the overall profitability of the company.
Peer comparison
Dec 31, 2023