Xylem Inc (XYL)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,717,000 | 2,084,000 | 1,975,000 | 1,830,000 | 2,046,000 |
| Revenue | US$ in thousands | 7,364,000 | 5,522,000 | 5,195,000 | 4,876,000 | 5,249,000 |
| Gross profit margin | 36.90% | 37.74% | 38.02% | 37.53% | 38.98% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,717,000K ÷ $7,364,000K
= 36.90%
The gross profit margin of Xylem Inc has shown a slight decrease over the past five years, from 38.98% in 2019 to 36.90% in 2023. Despite some fluctuations, the gross profit margin has generally remained above 35%, indicating that the company is effectively controlling its production costs and maintaining a reasonable level of profitability from its sales. However, the downward trend suggests a potential impact on the company's ability to generate profits from its core operations. Further analysis of cost structures and pricing strategies may be warranted to address the declining trend in gross profit margin over the years.
Peer comparison
Dec 31, 2023