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Red Trail Energy LLC (Red Trail Energy LLC) Gross Profit : $11.8 Mil (TTM As of Dec. 2023)


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What is Red Trail Energy LLC Gross Profit?

Red Trail Energy LLC's gross profit for the three months ended in Dec. 2023 was $3.1 Mil. Red Trail Energy LLC's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $11.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Red Trail Energy LLC's gross profit for the three months ended in Dec. 2023 was $3.1 Mil. Red Trail Energy LLC's Revenue for the three months ended in Dec. 2023 was $43.5 Mil. Therefore, Red Trail Energy LLC's Gross Margin % for the quarter that ended in Dec. 2023 was 7.14%.

Red Trail Energy LLC had a gross margin of 7.14% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Red Trail Energy LLC was 23.77%. The lowest was -3.03%. And the median was 7.13%.


Red Trail Energy LLC Gross Profit Historical Data

The historical data trend for Red Trail Energy LLC'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.

Red Trail Energy LLC Gross Profit Chart

Red Trail Energy LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.99 4.04 14.97 26.31 12.06

Red Trail Energy LLC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.39 0.96 1.65 6.05 3.10

Competitive Comparison of Red Trail Energy LLC's Gross Profit

For the Chemicals subindustry, Red Trail Energy LLC'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.


Red Trail Energy LLC's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Red Trail Energy LLC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Red Trail Energy LLC's Gross Profit falls into.



Red Trail Energy LLC Gross Profit Calculation

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

Red Trail Energy LLC's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=199.645 - 187.59
=12.1

Red Trail Energy LLC's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=43.456 - 40.353
=3.1

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.8 Mil.

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

Red Trail Energy LLC'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.1 / 43.456
=7.14 %

* 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.


Red Trail Energy LLC  (OTCPK:REGX) 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

Red Trail Energy LLC had a gross margin of 7.14% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Red Trail Energy LLC Gross Profit Related Terms

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Red Trail Energy LLC (Red Trail Energy LLC) Business Description

Traded in Other Exchanges
N/A
Address
3682 Highway 8 South, P.O. Box 11, Richardton, ND, USA, 58652
Red Trail Energy LLC is USA based firm engaged in constructing, owning, and operating a fuel-grade ethanol plant near Richardton, North Dakota in western North Dakota. The company's product offering includes ethanol, distillers' grains, and corn oil.
Executives
Jodi Marie Johnson officer: Chief Financial Officer PO BOX 513, MEDORA ND 58645
Anthony Lee Mock director 5665 22ND AVE SE, KINTYRE ND 58549
Kent Wayne Anderson officer: Chief Financial Officer 1767 PRAIRIE AVENUE, DICKINSON ND 58601
Calvin Diehl officer: Chief Executive Officer 3682 HIGHWAY 8 SOUTH, P O BOX 11, RICHARDTON ND 58652
Gerald Bachmeier officer: Interim Chief Executive Office 20897 467TH AVE, MORRIS MN 56267
Sidney A Mauch director 712 WYNDEMERE DRIVE, WEST FARGO ND 58078
Mike Appert director 755 HIGHWAY 34, HAZELTON ND 58544
William Price director 2273 RIVER ROAD, PRICE ND 58530
Jody Hoff director 8601 HIGHWAY 10 EAST, RICHARDTON ND 58652
Mark Klempel officer: Chief Financial Officer 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Mick J Miller officer: President 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Roger N Berglund director 104 9TH AVENUE NW, BOWMAN ND 58623
Frank Kirschenheiter director 322 12TH AVENUE WEST, RICHARDTON ND 58652
Tim Meuchel director 510 MAIN AVENUE, HEBRON ND 58638
Bonnie G Eckelberg officer: Chief Financial Officer 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652

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