Company / Gross Margin
CULP INC Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
11.8%
FY2024
5-year range
11.8% / 16.3%
FY2020-FY2024
Trend
-5.2%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has declined for 4 consecutive years, from 16.6% in FY2020 to 11.8% in FY2024.
Based on SEC 10-K filings.
11.8% in FY2024 with a 5-year CAGR of -4.0%.
Declined from 15.8% to 11.8% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -4.5pp
- 5-Year Change
- -4.0pp
- 10-Year Change
- -
Key checks
Key Insights
- CULP INC's gross margin has declined for 4 consecutive years.
- In FY2024, gross margin decreased 5.2% year-over-year.
- Peak gross margin was recorded in FY2016.
Company context
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
- Altman Z-Score 0.66 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 11.8% | -5.2% |
| FY2023 | 12.4% | -21.6% |
| FY2022 | 15.8% | -2.8% |
| FY2021 | 16.3% | -2.2% |
| FY2020 | 16.6% | +5.2% |
| FY2019 | 15.8% | -2.8% |
| FY2018 | 16.3% | -9.2% |
| FY2017 | 17.9% | -19.9% |
| FY2016 | 22.4% | +7.5% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026