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CalAtlantic Group (CalAtlantic Group) Gross Profit : $1,290 Mil (TTM As of Sep. 2017)


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What is CalAtlantic Group Gross Profit?

CalAtlantic Group's gross profit for the three months ended in Sep. 2017 was $323 Mil. CalAtlantic Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2017 was $1,290 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CalAtlantic Group's gross profit for the three months ended in Sep. 2017 was $323 Mil. CalAtlantic Group's Revenue for the three months ended in Sep. 2017 was $1,536 Mil. Therefore, CalAtlantic Group's Gross Margin % for the quarter that ended in Sep. 2017 was 21.05%.

CalAtlantic Group had a gross margin of 21.05% for the quarter that ended in Sep. 2017 => Competition eroding margins


CalAtlantic Group Gross Profit Historical Data

The historical data trend for CalAtlantic Group'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.

CalAtlantic Group Gross Profit Chart

CalAtlantic Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 253.91 494.93 618.38 776.47 1,390.63

CalAtlantic Group Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 396.13 367.87 274.84 323.86 323.30

Competitive Comparison of CalAtlantic Group's Gross Profit

For the Residential Construction subindustry, CalAtlantic Group'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.


CalAtlantic Group's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, CalAtlantic Group's Gross Profit distribution charts can be found below:

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



CalAtlantic Group Gross Profit Calculation

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

CalAtlantic Group's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

Gross Profit (A: Dec. 2016 )=Revenue - Cost of Goods Sold
=6388.04 - 4997.41
=1,391

CalAtlantic Group's Gross Profit for the quarter that ended in Sep. 2017 is calculated as

Gross Profit (Q: Sep. 2017 )=Revenue - Cost of Goods Sold
=1536.004 - 1212.708
=323

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,290 Mil.

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

CalAtlantic Group's Gross Margin % for the quarter that ended in Sep. 2017 is calculated as

Gross Margin % (Q: Sep. 2017 )=Gross Profit (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=323 / 1536.004
=21.05 %

* 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.


CalAtlantic Group  (NYSE:CAA) 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

CalAtlantic Group had a gross margin of 21.05% for the quarter that ended in Sep. 2017 => Competition eroding margins


CalAtlantic Group Gross Profit Related Terms

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CalAtlantic Group (CalAtlantic Group) Business Description

Traded in Other Exchanges
N/A
Address
CalAtlantic Group Inc is an American residential construction company that was formed in 2015 as a result of the merger between Ryland Homes and Standard Pacific, two of America's homebuilders. The company mainly constructs single-family housing communities in metropolitan areas across California, Florida, Arizona, the Carolinas, Texas, Colorado, and Nevada. CalAtlantic typically builds luxury single-family homes with average selling prices around $400,000 and completes more than 10,000 homes annually.
Executives
William L Jews director C/O FORTRESS INTERNATIONAL GROUP, INC., 7226 LEE DEFOREST DRIVE, SUITE 203, COLUMBIA, MD 21046
Norman J Metcalfe director 2007 BAYADERE TERRACE, CORONA DEL MAR CA 92625
Douglas C Jacobs director
Wendy L Marlett officer: CMO & EVP Sales & Marketing C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Robert E Mellor director SEVEN MADRONE AVE, KENTFIELD CA 94904
Scott D Stowell director, officer: Executive Chairman
Jeffrey Joseph Mccall officer: EVP & CFO 26 TECHNOLOGY DRIVE, IRVINE CA 92618
Bruce A Choate director
Matlinpatterson Global Advisers Llc 10 percent owner 70 EAST 55TH ST., 9TH FLOOR, NEW YORK NY 10022
Matlinpatterson Asset Management Llc 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Peter Schoels director GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269
David J Matlin director, 10 percent owner
Matlinpatterson Llc 10 percent owner 520 MADISON AVE, NEW YORK NY 10022
John R. Peshkin director 15360 BARRANCA PARKWAY, IRVINE CA 92618
Mark R Patterson 10 percent owner

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