Trimble's gross profit for the
three
months ended in Dec. 2023 was $577 Mil. Trimble's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,333 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Trimble's gross profit for the
three
months ended in Dec. 2023 was $577 Mil. Trimble's Revenue for the
three
months ended in Dec. 2023 was $932 Mil. Therefore, Trimble's Gross Margin % for the quarter that ended in Dec. 2023 was 61.92%.
Trimble had a gross margin of 61.92% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Trimble was 61.41%. The lowest was 52.05%. And the median was 54.32%.
Trimble Gross Profit Historical Data
The historical data trend for Trimble'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 Scientific & Technical Instruments subindustry, Trimble'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.
Trimble's Gross Profit Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Trimble's Gross Profit distribution charts can be found below:
* The bar in red indicates where Trimble's Gross Profit falls into.
Trimble Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Trimble's Gross Profit for the fiscal year that ended in Dec. 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 $2,333 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.
Trimble (NAS:TRMB) 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
Trimble had a gross margin of 61.92% for the quarter that ended in Dec. 2023 => Durable competitive advantage
Trimble Gross Profit Related Terms
Thank you for viewing the detailed overview of Trimble's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies. Its products portfolio includes 3D laser scanning, flow and application control systems, monitoring systems, water management, and navigation infrastructure. It also manufactures laser and optics-based products, and GPS products. The company serves various industries which include agriculture, architecture, civil engineering, survey and land administration, construction, geospatial among others. The company operates in four reportable segments namely, Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. It derives most of its revenues from the US and Europe with the rest coming from the Asia Pacific and other markets.
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