PCP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
PCP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Precision Castparts's gross profit for the three months ended in Sep. 2015 was $715 Mil. Precision Castparts's gross profit for the trailing twelve months (TTM) ended in Sep. 2015 was $2,999 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Precision Castparts's gross profit for the three months ended in Sep. 2015 was $715 Mil. Precision Castparts's Revenue for the three months ended in Sep. 2015 was $2,287 Mil. Therefore, Precision Castparts's Gross Margin % for the quarter that ended in Sep. 2015 was 31.26%.
Precision Castparts had a gross margin of 31.26% for the quarter that ended in Sep. 2015 => Competition eroding margins
The historical data trend for Precision Castparts'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.
Precision Castparts Annual Data | |||||||||||||||||||||
Trend | Mar06 | Mar07 | Mar08 | Mar09 | Mar10 | Mar11 | Mar12 | Mar13 | Mar14 | Mar15 | |||||||||||
Gross Profit | Get a 7-Day Free Trial | 1,890.50 | 2,262.30 | 2,692.00 | 3,280.00 | 3,253.00 |
Precision Castparts Quarterly Data | ||||||||||||||||||||
Dec10 | Mar11 | Jun11 | Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | |
Gross Profit | Get a 7-Day Free Trial | 864.00 | 830.00 | 667.00 | 787.00 | 715.00 |
For the Metal Fabrication subindustry, Precision Castparts'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.
For the Industrial Products industry and Industrials sector, Precision Castparts's Gross Profit distribution charts can be found below:
* The bar in red indicates where Precision Castparts's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Precision Castparts's Gross Profit for the fiscal year that ended in Mar. 2015 is calculated as
Gross Profit (A: Mar. 2015 ) | = | Revenue | - | Cost of Goods Sold |
= | 10005 | - | 6752 | |
= | 3,253 |
Precision Castparts's Gross Profit for the quarter that ended in Sep. 2015 is calculated as
Gross Profit (Q: Sep. 2015 ) | = | Revenue | - | Cost of Goods Sold |
= | 2287 | - | 1572 | |
= | 715 |
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,999 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Precision Castparts's Gross Margin % for the quarter that ended in Sep. 2015 is calculated as
Gross Margin % (Q: Sep. 2015 ) | = | Gross Profit (Q: Sep. 2015 ) | / | Revenue (Q: Sep. 2015 ) |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | 715 | / | 2287 | |
= | 31.26 % |
* 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.
Precision Castparts (NYSE:PCP) 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
Precision Castparts had a gross margin of 31.26% for the quarter that ended in Sep. 2015 => Competition eroding margins
Thank you for viewing the detailed overview of Precision Castparts's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Ulrich Schmidt | director | PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239 |
Richard L Wambold | director | C/O PACTIV CORP, 1900 W FIELD COURT, LAKE FOREST IL 60045 |
Lester L Lyles | director | C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432 |
Timothy A Wicks | director | C/O PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239 |
Andrew Masterman | officer: EVP, Pres. Wyman-Gordon | 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646 |
Kevin M Stein | officer: Exec VP | TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
Steven G Rothmeier | director | C/O E.W BLANCH HOLDINGS INC, 500 N. AKARD #4500, DALLAS TX 75201 |
Russell S Pattee | officer: VP and Corporate Controller | PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239 |
Chris Ayers | officer: Exec. VP, Pres. PCC Forgings | 4650 S.W. MACADAM, SUITE #440, PORTLAND OR 97239 |
William D Larsson | officer: Sr. VP and CFO | 35 SHARPS CIRCLE, RENO NV 89519 |
Byron O Pond | director | C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730-1409 |
Wayne F Robbins | officer: President; PCC Flow Technologi | 4650 SW MACADAM, STE 440, PORTLAND OR 97239 |
From GuruFocus
By David Goodloe David Goodloe • 05-06-2016
By Vera Yuan Vera Yuan • 04-09-2015
By Jonathan Poland Jonathan Poland • 06-22-2015
By Holly LaFon Holly LaFon • 08-27-2015
By Henry Tan Henry Tan • 05-30-2011
By Holly LaFon Holly LaFon • 10-14-2015
By Vera Yuan Vera Yuan • 05-29-2015
By GuruFocus Research GuruFocus Editor • 11-30-2010
By Holly LaFon Holly LaFon • 01-29-2016
By GuruFocus GuruFocus • 08-09-2015
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.