Zurn Elkay Water Solutions Corporation (ZWS)
Gross profit margin
| Sep 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 685,300 | 669,400 | 648,100 | 601,600 | 572,100 | 512,400 | 465,500 | 441,300 | 396,700 | 386,700 | 373,200 | 380,500 | 364,600 | 477,300 | 580,600 | 696,300 | 818,000 | 803,300 | 795,900 | 790,900 |
| Revenue (ttm) | US$ in thousands | 1,549,900 | 1,532,800 | 1,530,500 | 1,502,500 | 1,523,700 | 1,409,800 | 1,282,100 | 1,140,500 | 1,277,000 | 1,554,600 | 1,834,900 | 2,100,000 | 1,989,500 | 2,024,100 | 1,984,100 | 2,011,200 | 2,068,300 | 2,083,700 | 2,081,800 | 2,078,700 |
| Gross profit margin | 44.22% | 43.67% | 42.35% | 40.04% | 37.55% | 36.35% | 36.31% | 38.69% | 31.06% | 24.87% | 20.34% | 18.12% | 18.33% | 23.58% | 29.26% | 34.62% | 39.55% | 38.55% | 38.23% | 38.05% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $685,300K ÷ $1,549,900K
= 44.22%
The gross profit margin of Zurn Elkay Water Solutions Corporation has exhibited a positive trend over the past several quarters. From a low of 18.12% in Q4 2021, the margin has consistently increased, reaching 44.22% in Q3 2024. This improvement indicates the company's ability to efficiently manage its production costs and generate more profit from its core operations. The steady uptrend in gross profit margin signals a favorable financial performance and may suggest effective pricing strategies, cost controls, or product mix optimizations within the company. Overall, the increasing gross profit margin trend reflects positively on Zurn Elkay Water Solutions Corporation's profitability and operational efficiency.
Peer comparison
Sep 30, 2024