Gross Margin % is calculated as gross profit divided by its revenue. Kaman's Gross Profit for the
three
months ended in Dec. 2023 was $66.7 Mil. Kaman's Revenue for the
three
months ended in Dec. 2023 was $203.1 Mil. Therefore, Kaman's Gross Margin % for the quarter that ended in Dec. 2023 was 32.82%.
The historical rank and industry rank for Kaman's Gross Margin % or its related term are showing as below:
KAMN'
s Gross Margin % Range Over the Past 10 Years
Min: 25.58 Med: 31.1 Max: 34.94
Current: 34.94
During the past 13 years, the highestGross Margin % of Kaman was 34.94%. The lowest was 25.58%. And the median was 31.10%.
KAMN's Gross Margin % is ranked better than 65.2% of 296
companies
in the Aerospace & Defense industry
Industry Median: 26.235
vs KAMN: 34.94
Kaman had a gross margin of 32.82% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Kaman was 0.10% per year.
Kaman Gross Margin % Historical Data
The historical data trend for Kaman's Gross Margin % 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 Aerospace & Defense subindustry, Kaman's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
Kaman's Gross Margin % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Kaman's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kaman's Gross Margin % falls into.
* 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.
Kaman (NYSE:KAMN) Gross Margin % 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
Kaman had a gross margin of 32.82% for the quarter that ended in Dec. 2023 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Kaman Gross Margin % Related Terms
Thank you for viewing the detailed overview of Kaman's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kaman Corp is a diversified company that conducts business in the aerospace and defense, medical and industrial markets. The Engineered Products segment serves the aerospace and defense, industrial and medical markets providing sophisticated proprietary aircraft bearings and components. The Precision Products segment serves the aerospace and defense markets providing precision safe and arming solutions for missile and bomb systems for the U.S. and allied militaries. The Structures segment serves the aerospace and defense and medical end markets providing sophisticated complex metallic and composite aerostructures for commercial, military, and general aviation fixed military and general aviation fixed and rotary wing aircraft, and medical imaging solutions.
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