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Curtiss-Wright (Curtiss-Wright) Gross Profit : $1,067 Mil (TTM As of Dec. 2023)


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What is Curtiss-Wright Gross Profit?

Curtiss-Wright's gross profit for the three months ended in Dec. 2023 was $305 Mil. Curtiss-Wright's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,067 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Curtiss-Wright's gross profit for the three months ended in Dec. 2023 was $305 Mil. Curtiss-Wright's Revenue for the three months ended in Dec. 2023 was $786 Mil. Therefore, Curtiss-Wright's Gross Margin % for the quarter that ended in Dec. 2023 was 38.78%.

Curtiss-Wright had a gross margin of 38.78% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Curtiss-Wright was 37.51%. The lowest was 34.62%. And the median was 35.82%.


Curtiss-Wright Gross Profit Historical Data

The historical data trend for Curtiss-Wright'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.

* Premium members only.

Curtiss-Wright Gross Profit Chart

Curtiss-Wright Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 898.75 841.23 927.80 954.61 1,067.18

Curtiss-Wright Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 292.48 221.41 259.57 281.47 304.73

Competitive Comparison of Curtiss-Wright's Gross Profit

For the Aerospace & Defense subindustry, Curtiss-Wright'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.


Curtiss-Wright's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Curtiss-Wright's Gross Profit distribution charts can be found below:

* The bar in red indicates where Curtiss-Wright's Gross Profit falls into.



Curtiss-Wright Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Curtiss-Wright's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2845.373 - 1778.195
=1,067

Curtiss-Wright's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=785.791 - 481.062
=305

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,067 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Curtiss-Wright's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=305 / 785.791
=38.78 %

* 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.


Curtiss-Wright  (NYSE:CW) 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

Curtiss-Wright had a gross margin of 38.78% for the quarter that ended in Dec. 2023 => Competition eroding margins


Curtiss-Wright Gross Profit Related Terms

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Curtiss-Wright (Curtiss-Wright) Business Description

Traded in Other Exchanges
Address
130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036
Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems and weapons handling systems, pumps, valves, and other solutions. The diversified global company attempts to deliver products on high-performance platforms that require technical sophistication. It has three operating segments based on the markets serviced: Naval & Power which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems also generate the majority of revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics.
Executives
K Christopher Farkas officer: Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
John C Watts officer: Vice President Bus Dev & Strat C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Lynn J Bamford director, officer: President and CEO 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Robert J Freda officer: Vice President and Treasurer C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Paul J Ferdenzi officer: Vice President - HR 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
David Charles Adams officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Gary A Ogilby officer: VP & Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Larry D Wyche director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
William F Moran director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Kevin Rayment officer: Vice President and COO C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Anthony J Moraco director 1710 SAIC DRIVE, MCLEAN VA 22102
Tom P Quinly officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Harry Jakubowitz officer: Treasurer C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
John B Nathman director C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Glenda J Minor director 17000 ROTUNDA DRIVE, DEARBORN MI 48120