Graham's gross profit for the
three
months ended in Dec. 2023 was $9.7 Mil. Graham's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $35.0 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Graham's gross profit for the
three
months ended in Dec. 2023 was $9.7 Mil. Graham's Revenue for the
three
months ended in Dec. 2023 was $43.8 Mil. Therefore, Graham's Gross Margin % for the quarter that ended in Dec. 2023 was 22.19%.
Graham had a gross margin of 22.19% for the quarter that ended in Dec. 2023 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Graham was 31.12%. The lowest was 7.43%. And the median was 22.88%.
Warning Sign:
Graham Corp gross margin has been in long-term decline. The average rate of decline per year is -13.2%.
Graham Gross Profit Historical Data
The historical data trend for Graham'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.
For the Specialty Industrial Machinery subindustry, Graham'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.
Graham's Gross Profit Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Graham's Gross Profit distribution charts can be found below:
* The bar in red indicates where Graham's Gross Profit falls into.
Graham Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Graham's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as
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 $35.0 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Graham's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as
* 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.
Graham (NYSE:GHM) 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
Graham had a gross margin of 22.19% for the quarter that ended in Dec. 2023 => Competition eroding margins
Graham Gross Profit Related Terms
Thank you for viewing the detailed overview of Graham's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Graham Corporation manufactures and sells critical equipment for the energy, defense, and chemical/petrochemical industries based with emphasis on the United States. Its suite of products includes ejectors, surface condensers, turbopumps, compressors and liquid vacuum pumps, among others. For the defense industry, its equipment is used in nuclear propulsion power systems for the U.S. Navy. For the chemical and petrochemical industries, its equipment is used in fertilizer, ethylene, methanol and downstream chemical facilities. The company derives key revenue from the sale of Heat transfer equipment. It derives revenue from the US and other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GHM has been successfully added to your 