US Ecology's gross profit for the
three
months ended in Mar. 2022 was $53 Mil. US Ecology's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $234 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. US Ecology's gross profit for the
three
months ended in Mar. 2022 was $53 Mil. US Ecology's Revenue for the
three
months ended in Mar. 2022 was $241 Mil. Therefore, US Ecology's Gross Margin % for the quarter that ended in Mar. 2022 was 22.16%.
US Ecology had a gross margin of 22.16% for the quarter that ended in Mar. 2022 => Competition eroding margins
During the past 13 years, the highestGross Margin % of US Ecology was 39.27%. The lowest was 23.35%. And the median was 30.53%.
Warning Sign:
US Ecology Inc gross margin has been in long term decline. The average rate of decline per year is -4.8%.
US Ecology Gross Profit Historical Data
The historical data trend for US Ecology'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 US Ecology's Gross Profit
For the Waste Management subindustry, US Ecology'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.
US Ecology's Gross Profit Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, US Ecology's Gross Profit distribution charts can be found below:
* The bar in red indicates where US Ecology's Gross Profit falls into.
US Ecology Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
US Ecology's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $234 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.
US Ecology (NAS:ECOL) 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
US Ecology had a gross margin of 22.16% for the quarter that ended in Mar. 2022 => Competition eroding margins
US Ecology Gross Profit Related Terms
Thank you for viewing the detailed overview of US Ecology's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
US Ecology Inc operates as an environmental service provider to commercial and government entities. The company's operating segments include Waste Solutions, Field Services, and Energy Waste. Waste Solutions provides a broad range of specialty material management services including transportation, recycling, treatment and disposal of hazardous, non-hazardous and radioactive waste; Field Services, provides specialty field services and total waste management solutions to commercial and industrial facilities and to government entities, and Energy Waste provides energy-related services and waste disposal services predominately to upstream energy customers.
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