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Esterline Technologies (Esterline Technologies) Gross Profit : $684 Mil (TTM As of Dec. 2018)


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What is Esterline Technologies Gross Profit?

Esterline Technologies's gross profit for the three months ended in Dec. 2018 was $166 Mil. Esterline Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2018 was $684 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Esterline Technologies's gross profit for the three months ended in Dec. 2018 was $166 Mil. Esterline Technologies's Revenue for the three months ended in Dec. 2018 was $485 Mil. Therefore, Esterline Technologies's Gross Margin % for the quarter that ended in Dec. 2018 was 34.25%.

Esterline Technologies had a gross margin of 34.25% for the quarter that ended in Dec. 2018 => Competition eroding margins


Esterline Technologies Gross Profit Historical Data

The historical data trend for Esterline Technologies'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.

Esterline Technologies Gross Profit Chart

Esterline Technologies Annual Data
Trend Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Sep15 Sep16 Sep17 Sep18
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 714.71 589.39 661.88 660.05 666.31

Esterline Technologies Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 147.73 163.73 169.92 184.33 166.13

Competitive Comparison of Esterline Technologies's Gross Profit

For the Aerospace & Defense subindustry, Esterline Technologies'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.


Esterline Technologies's Gross Profit Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Esterline Technologies's Gross Profit falls into.



Esterline Technologies Gross Profit Calculation

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

Esterline Technologies's Gross Profit for the fiscal year that ended in Sep. 2018 is calculated as

Gross Profit (A: Sep. 2018 )=Revenue - Cost of Goods Sold
=2034.839 - 1368.531
=666

Esterline Technologies's Gross Profit for the quarter that ended in Dec. 2018 is calculated as

Gross Profit (Q: Dec. 2018 )=Revenue - Cost of Goods Sold
=484.987 - 318.857
=166

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $684 Mil.

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

Esterline Technologies's Gross Margin % for the quarter that ended in Dec. 2018 is calculated as

Gross Margin % (Q: Dec. 2018 )=Gross Profit (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=(Revenue - Cost of Goods Sold) / Revenue
=166 / 484.987
=34.25 %

* 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.


Esterline Technologies  (NYSE:ESL) 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

Esterline Technologies had a gross margin of 34.25% for the quarter that ended in Dec. 2018 => Competition eroding margins


Esterline Technologies Gross Profit Related Terms

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Esterline Technologies (Esterline Technologies) Business Description

Traded in Other Exchanges
N/A
Address
500, 108th Avenue North East, Suite 1500, Bellevue, WA, USA, 98004
Esterline Technologies Corp is a specialized manufacturing company serving aerospace and defense markets. It designs, produces, and markets engineered products and systems. The company operates in three technology segments: Avionics & Controls, Sensors & Systems, and Advanced Materials. Its products have been implemented into military and commercial aircraft and land-based platforms. Additional sales result from aftermarket repairs and spare parts for existing systems. Esterline has worldwide sales and distribution channels and will try to strengthen customer relationships by targeting specific segments. Approximately half of its revenue is derived from the United States. The remainder of sales come from Canada, France, United Kingdom, and other smaller regions.
Executives
Stephen M Nolan officer: Executive VP, CFO 1300 WILSON BOULEVARD, SUITE 400, ARLINGTON VA 22209
Donald E. Walther officer: Executive VP, General Counsel 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Mary L Howell director 1101 PENNSYLVANIA AVE STE 400, WASHINGTON DC 20004
Curtis C Reusser director, officer: Chairman, President & CEO C/O GOODRICH CORPORATION, 850 LAGOON DRIVE, CHULA VISTA CA 91910
Scott Ernest Kuechle director C/O GOODRICH CORPORATION, 2730 WEST TYVOLA ROAD, CHARLOTTE NC 28217
Michael J Covey director C/O POTLATCH CORPORATION, 601 W FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Steven T Romick 10 percent owner 11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064
Mark Landecker 10 percent owner 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
J Richard Atwood 10 percent owner
Brian A. Selmo 10 percent owner 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Gary E Pruitt director 701 WESTERN AVENUE, GLENDALE CA 91201
Winship Henry Ward Iv director PO BOX 8614, RANCHO SANTA FE CA 92067
Jerry D Leitman director
Richard Bradley Lawrence director, officer: Executive Chairman 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004