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Linamar (Linamar) Gross Profit : $982 Mil (TTM As of Dec. 2023)


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What is Linamar Gross Profit?

Linamar's gross profit for the three months ended in Dec. 2023 was $239 Mil. Linamar's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $982 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Linamar's gross profit for the three months ended in Dec. 2023 was $239 Mil. Linamar's Revenue for the three months ended in Dec. 2023 was $1,829 Mil. Therefore, Linamar's Gross Margin % for the quarter that ended in Dec. 2023 was 13.05%.

Linamar had a gross margin of 13.05% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Linamar was 16.69%. The lowest was 12.31%. And the median was 15.15%.

Warning Sign:

Linamar Corp gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


Linamar Gross Profit Historical Data

The historical data trend for Linamar'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.

Linamar Gross Profit Chart

Linamar 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 809.36 615.52 732.54 717.56 986.02

Linamar 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 183.18 219.63 272.36 251.49 238.65

Competitive Comparison of Linamar's Gross Profit

For the Auto Parts subindustry, Linamar'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.


Linamar's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linamar's Gross Profit distribution charts can be found below:

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



Linamar Gross Profit Calculation

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

Linamar'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
=7255.167 - 6269.145
=986

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1829.066 - 1590.412
=239

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 $982 Mil.

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

Linamar'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
=239 / 1829.066
=13.05 %

* 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.


Linamar  (OTCPK:LIMAF) 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

Linamar had a gross margin of 13.05% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Linamar Gross Profit Related Terms

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Linamar (Linamar) Business Description

Traded in Other Exchanges
Address
287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5
Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.

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