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Saga Communications's gross profit for the three months ended in Dec. 2023 was $5.8 Mil. Saga Communications's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $22.6 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Saga Communications's gross profit for the three months ended in Dec. 2023 was $5.8 Mil. Saga Communications's Revenue for the three months ended in Dec. 2023 was $29.1 Mil. Therefore, Saga Communications's Gross Margin % for the quarter that ended in Dec. 2023 was 19.96%.
Saga Communications had a gross margin of 19.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 13 years, the highest Gross Margin % of Saga Communications was 27.03%. The lowest was 14.85%. And the median was 24.80%.
Warning Sign:
Saga Communications Inc gross margin has been in long-term decline. The average rate of decline per year is -2.1%.
The historical data trend for Saga Communications'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.
Saga Communications Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Profit | Get a 7-Day Free Trial | 30.38 | 14.23 | 25.10 | 27.36 | 22.57 |
Saga Communications 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 | 7.24 | 3.60 | 6.77 | 6.39 | 5.82 |
For the Broadcasting subindustry, Saga Communications'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 Media - Diversified industry and Communication Services sector, Saga Communications's Gross Profit distribution charts can be found below:
* The bar in red indicates where Saga Communications's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Saga Communications's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit (A: Dec. 2023 ) | = | Revenue | - | Cost of Goods Sold |
= | 112.773 | - | 90.199 | |
= | 22.6 |
Saga Communications's Gross Profit for the quarter that ended in Dec. 2023 is calculated as
Gross Profit (Q: Dec. 2023 ) | = | Revenue | - | Cost of Goods Sold |
= | 29.145 | - | 23.329 | |
= | 5.8 |
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 $22.6 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Saga Communications'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 | |
= | 5.8 | / | 29.145 | |
= | 19.96 % |
* 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.
Saga Communications (NAS:SGA) 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
Saga Communications had a gross margin of 19.96% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
Thank you for viewing the detailed overview of Saga Communications's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael W Schechter | director | C/O TOWERVIEW LLC, 460 PARK AVENUE, NEW YORK NY 10022 |
Wayne Leland | officer: SVP of Operations | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Edward K. Christian Trust | 10 percent owner | 500 WOODWARD AVENUE, SUITE 4000, DETROIT MI 48226 |
Christopher Forgy | officer: SVP - OPERATIONS | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Michael J. Bergner | director | C/O SAGA COMMUNICATIONS, INC., 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Towerview Llc | 10 percent owner | 460 PARK AVENUE, NEW YORK NY 10022 |
Warren S Lada | officer: Senior VP - Operations | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Gregory Dean Pearce | director | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Catherine A Bobinski | officer: VP, Contr & Chf Acctg Officer | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Marcia Lobaito | officer: Senior VP and Secretary | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Samuel D Bush | officer: Senior VP and CFO | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
David B Stephens | director | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Timothy J. Clarke | director | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Gary G Stevens | director | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
Coppedge Roy F Iii | director | 73 KERCHEVAL AVENUE, GROSSE POINTE FARMS MI 48236 |
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