Company / Gross Profit
CULP INC Gross Profit History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$25.1M
FY2024
5-year range
$25.1M / $45.8M
FY2020-FY2024
Trend
-10.3%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit has declined for 4 consecutive years, from $50M in FY2020 to $25M in FY2024.
Based on SEC 10-K filings.
$25M in FY2024 with a 5-year CAGR of -9.1%.
Declined from $40M to $25M over the past 2 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -18.2%
- 5-Year CAGR
- -9.1%
- 10-Year CAGR
- -
Key checks
Key Insights
- CULP INC's gross profit has declined for 4 consecutive years.
- 5-year CAGR of -9.1%, indicating a declining trend.
- In FY2024, gross profit decreased 10.3% year-over-year.
- Peak gross profit 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 ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $25.1M | -10.3% |
| FY2023 | $27.9M | -31.0% |
| FY2022 | $40.5M | -11.5% |
| FY2021 | $45.8M | -8.2% |
| FY2020 | $49.8M | +23.0% |
| FY2019 | $40.5M | -11.5% |
| FY2018 | $45.8M | -17.6% |
| FY2017 | $55.6M | -19.7% |
| FY2016 | $69.2M | +6.3% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026