AstroNova's gross profit for the
three
months ended in Jan. 2024 was $14.7 Mil. AstroNova's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $51.6 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. AstroNova's gross profit for the
three
months ended in Jan. 2024 was $14.7 Mil. AstroNova's Revenue for the
three
months ended in Jan. 2024 was $39.6 Mil. Therefore, AstroNova's Gross Margin % for the quarter that ended in Jan. 2024 was 37.24%.
AstroNova had a gross margin of 37.24% for the quarter that ended in Jan. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of AstroNova was 41.85%. The lowest was 33.79%. And the median was 38.02%.
Warning Sign:
AstroNova Inc gross margin has been in long-term decline. The average rate of decline per year is -2.3%.
AstroNova Gross Profit Historical Data
The historical data trend for AstroNova's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of AstroNova's Gross Profit
For the Computer Hardware subindustry, AstroNova's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AstroNova's Gross Profit Distribution in the Hardware Industry
For the Hardware industry and Technology sector, AstroNova's Gross Profit distribution charts can be found below:
* The bar in red indicates where AstroNova's Gross Profit falls into.
AstroNova Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
AstroNova's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $51.6 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
AstroNova (NAS:ALOT) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
AstroNova had a gross margin of 37.24% for the quarter that ended in Jan. 2024 => Competition eroding margins
AstroNova Gross Profit Related Terms
Thank you for viewing the detailed overview of AstroNova's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
AstroNova Inc designs develops, manufactures and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. Target markets for its hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation. Its business consists of two segments, Product Identification and Test & Measurement. It derives revenue from The PI segment that includes specialty printing systems and related supplies sold under the QuickLabel, TrojanLabel and GetLabels brand names.
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