HWCC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
HWCC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Houston Wire & Cable Co's gross profit for the three months ended in Mar. 2021 was $16.5 Mil. Houston Wire & Cable Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2021 was $59.9 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Houston Wire & Cable Co's gross profit for the three months ended in Mar. 2021 was $16.5 Mil. Houston Wire & Cable Co's Revenue for the three months ended in Mar. 2021 was $67.0 Mil. Therefore, Houston Wire & Cable Co's Gross Margin % for the quarter that ended in Mar. 2021 was 24.54%.
Houston Wire & Cable Co had a gross margin of 24.54% for the quarter that ended in Mar. 2021 => Competition eroding margins
The historical data trend for Houston Wire & Cable Co'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.
Houston Wire & Cable Co Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Gross Profit | Get a 7-Day Free Trial | 52.95 | 72.66 | 85.21 | 79.92 | 63.05 |
Houston Wire & Cable Co Quarterly Data | ||||||||||||||||||||
Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | |
Gross Profit | Get a 7-Day Free Trial | 19.59 | 14.24 | 14.99 | 14.23 | 16.45 |
For the Industrial Distribution subindustry, Houston Wire & Cable Co'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 Distribution industry and Industrials sector, Houston Wire & Cable Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where Houston Wire & Cable Co's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Houston Wire & Cable Co's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as
Gross Profit (A: Dec. 2020 ) | = | Revenue | - | Cost of Goods Sold |
= | 286.017 | - | 222.968 | |
= | 63.0 |
Houston Wire & Cable Co's Gross Profit for the quarter that ended in Mar. 2021 is calculated as
Gross Profit (Q: Mar. 2021 ) | = | Revenue | - | Cost of Goods Sold |
= | 67.03 | - | 50.58 | |
= | 16.5 |
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $59.9 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Houston Wire & Cable Co's Gross Margin % for the quarter that ended in Mar. 2021 is calculated as
Gross Margin % (Q: Mar. 2021 ) | = | Gross Profit (Q: Mar. 2021 ) | / | Revenue (Q: Mar. 2021 ) |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | 16.5 | / | 67.03 | |
= | 24.54 % |
* 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.
Houston Wire & Cable Co (NAS:HWCC) 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
Houston Wire & Cable Co had a gross margin of 24.54% for the quarter that ended in Mar. 2021 => Competition eroding margins
Thank you for viewing the detailed overview of Houston Wire & Cable Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Roy W Haley | director | COMMERCE COURT FOUR STATION SQUARE, SUITE 700, PITTSBURGH PA 15219 |
G Gary Yetman | director | P.O. BOX 2139 EDWARDS CO 81632 |
William H Sheffield | director | 401 QUEENS QUAY WEST SUITE 104 TORONTO A6 M5V 2Y2 |
Eric Wayne Davis | officer: INTERIM CFO & CAO | 10201 NORTH LOOP EAST HOUSTON TX 77029 |
Jerry Michael Zurovchak | officer: SENIOR VP & COO | 10201 NORTH LOOP EAST HOUSTON TX 77029 |
Christopher M. Micklas | officer: VP & CFO | ONE MEMORIAL CITY PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024 |
Pokluda James L Iii | director | 10201 N. LOOP EAST HOUSTON TX 77029 |
Sandford W. Rothe | director | 1 GOOSEBERRY LANE CHERRY HILLS VILLAGE CO 80113 |
David Nierenberg | director, 10 percent owner | 19605 NE 8TH STREET, CAMAS WA 98607 |
Nierenberg Investment Management Co | 10 percent owner | 19605 NE 8TH ST, CAMAS WA 98607 |
Margaret Laird | director | 1283 BLACKBIRD COURT BOULDER CO 80303 |
Robert L Reymond | director | 10721 W. 118TH TERRACE OVERLAND PARK KS 66210 |
Michael T Campbell | director | HOUSTON WIRE & CABLE COMPANY, 10201 NORTH LOOP EAST, HOUSTON TX 77029 |
Mark A Ruelle | director | C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105 |
Nicol G Graham | officer: VP, CFO, TREASURER & SECRETARY | 10201 NORTH LOOP EAST HOUSTON TX 77029 |
From GuruFocus
By PRNewswire PRNewswire • 04-30-2021
By PRNewswire PRNewswire • 05-07-2021
By PRNewswire PRNewswire • 05-21-2021
By Marketwired Marketwired • 04-29-2020
By PRNewswire PRNewswire • 05-11-2021
By PRNewswire PRNewswire • 04-26-2021
By PRNewswire PRNewswire • 04-22-2021
By Marketwired Marketwired • 05-01-2020
By Marketwired Marketwired • 06-15-2021
By Marketwired Marketwired • 04-29-2021
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.