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Winmark (Winmark) Gross Profit : $78.40 Mil (TTM As of Mar. 2024)


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What is Winmark Gross Profit?

Winmark's gross profit for the three months ended in Mar. 2024 was $19.03 Mil. Winmark's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $78.40 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Winmark's gross profit for the three months ended in Mar. 2024 was $19.03 Mil. Winmark's Revenue for the three months ended in Mar. 2024 was $20.11 Mil. Therefore, Winmark's Gross Margin % for the quarter that ended in Mar. 2024 was 94.65%.

Winmark had a gross margin of 94.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Winmark was 94.65%. The lowest was 87.89%. And the median was 93.46%.


Winmark Gross Profit Historical Data

The historical data trend for Winmark'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.

Winmark Gross Profit Chart

Winmark 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 68.80 61.34 73.43 76.71 78.38

Winmark Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.02 19.06 21.37 18.93 19.03

Competitive Comparison of Winmark's Gross Profit

For the Specialty Retail subindustry, Winmark'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.


Winmark's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Winmark's Gross Profit distribution charts can be found below:

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



Winmark Gross Profit Calculation

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

Winmark'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
=83.244 - 4.86
=78.38

Winmark's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=20.11 - 1.076
=19.03

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $78.40 Mil.

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

Winmark's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=19.03 / 20.11
=94.65 %

* 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.


Winmark  (NAS:WINA) 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

Winmark had a gross margin of 94.65% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Winmark Gross Profit Related Terms

Thank you for viewing the detailed overview of Winmark's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Winmark (Winmark) Business Description

Traded in Other Exchanges
N/A
Address
605 Highway 169 North, Suite 400, Minneapolis, MN, USA, 55441
Winmark Corp is a franchisor of value-oriented retail store concepts that buy, sell and trade gently used the merchandise. The company's reportable segments include Franchising and Leasing. The franchising segment franchises value-oriented retail store that buys, sells, trade and consign merchandise as well as provide strategic consulting services relating to franchising. The leasing segment includes middle-market equipment leasing business and small-ticket financing business. It generates a majority of its revenue from the Franchising segment.
Executives
Mark L Wilson director 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Anthony D Ishaug officer: Chief Financial Officer 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Renae M. Gaudette officer: Vice President of Franchising 605 HIGHWAY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Jenele C Grassle director 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Brett D Heffes officer: CFO & Treasurer 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Lawrence A Barbetta director 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Paul C Reyelts director 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Philip Irving Smith director 4503 BROWNDALE AVENUE, EDINA MN 55424
Amy C Becker director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Tomlinson Percy C Jr director 605 HIGHWAY 169 N., SUITE 400, MINNEAPOLIS MN 55441
Leah A Goff officer: VP of Human Resources 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Ronald G Olson 10 percent owner GROWN BIZ INTERNATIONAL INC, 4200 DAHLBERG DRIVE, MINNEAPOLIS MN 55422-4837
Gina Decaro Sprenger director 605 HIGHWAY 169 N., SUITE 400, MINNEAPOLIS MN 55441
Steven Murphy officer: VP of Franchise Mgmt 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441
Steven C Zola officer: President, Winmark Captial Cor 605 HWY 169 N, SUITE 400, MINNEAPOLIS MN 55441

Winmark (Winmark) Headlines

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