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Sturm Ruger (Sturm Ruger) Gross Margin %

: 24.70% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Sturm Ruger's Gross Profit for the three months ended in Dec. 2023 was $32.3 Mil. Sturm Ruger's Revenue for the three months ended in Dec. 2023 was $130.6 Mil. Therefore, Sturm Ruger's Gross Margin % for the quarter that ended in Dec. 2023 was 24.70%.


The historical rank and industry rank for Sturm Ruger's Gross Margin % or its related term are showing as below:

RGR' s Gross Margin % Range Over the Past 10 Years
Min: 24.25   Med: 30.65   Max: 38.26
Current: 24.57


During the past 13 years, the highest Gross Margin % of Sturm Ruger was 38.26%. The lowest was 24.25%. And the median was 30.65%.

RGR's Gross Margin % is ranked worse than
54.39% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.385 vs RGR: 24.57

Sturm Ruger had a gross margin of 24.70% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sturm Ruger was 0.90% per year.


Sturm Ruger Gross Margin % Historical Data

The historical data trend for Sturm Ruger'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.

* Premium members only.

Sturm Ruger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.25 33.65 38.26 30.22 24.57

Sturm Ruger Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 26.51 25.75 26.71 20.45 24.70

Competitive Comparison

For the Aerospace & Defense subindustry, Sturm Ruger'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.


Sturm Ruger Gross Margin % Distribution

For the Aerospace & Defense industry and Industrials sector, Sturm Ruger's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sturm Ruger's Gross Margin % falls into.



Sturm Ruger Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Sturm Ruger's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=133.6 / 543.767
=(Revenue - Cost of Goods Sold) / Revenue
=(543.767 - 410.148) / 543.767
=24.57 %

Sturm Ruger's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=32.3 / 130.617
=(Revenue - Cost of Goods Sold) / Revenue
=(130.617 - 98.36) / 130.617
=24.70 %

* 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.


Sturm Ruger  (NYSE:RGR) 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

Sturm Ruger had a gross margin of 24.70% 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.


Sturm Ruger Gross Margin % Related Terms

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


Sturm Ruger (Sturm Ruger) Business Description

Traded in Other Exchanges
Address
1 Lacey Place, Southport, CT, USA, 06890
Sturm Ruger & Co Inc and its subsidiary are principally engaged in the design, manufacture, and sale of firearms to domestic customers. The company's design and manufacturing operations are in the United States and almost all product content is domestic. The company primarily offers products in three industry product categories namely rifles, pistols, and revolvers. The company's firearms are sold through independent wholesale distributors, principally to the commercial sporting market. It also manufactures and sells investment castings made from steel alloys and metal injection molding parts for internal use in the firearms segment and has minimal sales to outside customers.
Executives
Michael W Wilson officer: VP of Mayodan Operations ONE LACEY PLACE, SOUTHPORT CT 06890
Amir Rosenthal director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Christopher John Killoy officer: Vice President Sales and Mtg. C/O STURM, RUGER, & COMPANY, INC., 1 LACEY PLACE, SOUTHPORT CT 06890
Reid Kevin B. Sr officer: VP & General Counsel C/O STURM, RUGER & CO. INC, 1 LACEY PLACE, SOUTHPORT CT 06890
Timothy Lowney officer: VP of Prescott Operations 1 LACEY PLACE, SOUTHPORT CT 06890
Rebecca S Halstead director ONE LACEY PLACE, SOUTHPORT CT 06890
Shawn Christopher Leska officer: Vice President, Sales ONE LACEY PLACE, SOUTHPORT CT 06890
C Michael Jacobi director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Randall Wheeler officer: VP of Newport Operations 1 LACEY PLACE, SOUTHPORT CT 06890
Terrence Gregory Oconnor director C/O HIGH RISE PARTNERS, 325 NORTH AVENUE EAST, WESTFIELD NJ 07090
Thomas Patrick Sullivan officer: VP of Newport Operations C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Ronald C Whitaker director C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Thomas Anthony Dineen officer: Treasurer and CFO
Michael O Fifer director, officer: President & CEO C/O STURM RUGER & COMPANY, INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Werkmeister Robert J Jr officer: VP of Marketing ONE LACEY PLACE, SOUTHPORT CT 06890

Sturm Ruger (Sturm Ruger) Headlines

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