Linamar (Linamar) Gross-Profit-to-Asset % : 13.24% (As of Dec. 2023)

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What is Linamar Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Linamar's annualized Gross Profit for the quarter that ended in Dec. 2023 was $955 Mil. Linamar's average Total Assets over the quarter that ended in Dec. 2023 was $7,208 Mil. Therefore, Linamar's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.24%.

Linamar Gross-Profit-to-Asset % Historical Data

The historical data trend for Linamar's Gross-Profit-to-Asset % 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.

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Linamar Gross-Profit-to-Asset % Chart

Linamar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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13.71

10.56

12.55

11.87

14.44

Linamar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															11.60	13.66	15.83	14.08	13.24

Competitive Comparison of Linamar's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Linamar's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Linamar's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Linamar's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Linamar's Gross-Profit-to-Asset % falls into.

Linamar Gross-Profit-to-Asset % Calculation

Linamar's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	986.022	/	( (6313.133	+	7342.352)	/ 2 )
	=	986.022	/	6827.7425
	=	14.44 %

Linamar's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	954.616	/	( (7073.83	+	7342.352)	/ 2 )
	=	954.616	/	7208.091
	=	13.24 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Linamar Gross-Profit-to-Asset % Related Terms

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Linamar (Linamar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Linamar Corp (OTCPK:LIMAF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

LNR:Germany LNR:Canada

Address

287 Speedvale Avenue West, Guelph, ON, CAN, N1H 1C5

Website

https://www.linamar.com

Linamar Corp is a diversified global manufacturing company of highly engineered products. The Company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. In addition, McLaren Engineering and eLIN Product Solutions Group provide design, development, and testing services for the Mobility segment.