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V2X (VVX) Gross Profit : $326 Mil (TTM As of Mar. 2024)


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What is V2X Gross Profit?

V2X's gross profit for the three months ended in Mar. 2024 was $70 Mil. V2X's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $326 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. V2X's gross profit for the three months ended in Mar. 2024 was $70 Mil. V2X's Revenue for the three months ended in Mar. 2024 was $1,011 Mil. Therefore, V2X's Gross Margin % for the quarter that ended in Mar. 2024 was 6.95%.

V2X had a gross margin of 6.95% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of V2X was 10.20%. The lowest was 8.10%. And the median was 8.99%.


V2X Gross Profit Historical Data

The historical data trend for V2X'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.

V2X Gross Profit Chart

V2X Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.97 124.15 160.42 295.01 334.86

V2X Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 78.83 87.40 70.68 97.95 70.27

Competitive Comparison of V2X's Gross Profit

For the Aerospace & Defense subindustry, V2X'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.


V2X's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, V2X's Gross Profit distribution charts can be found below:

* The bar in red indicates where V2X's Gross Profit falls into.



V2X Gross Profit Calculation

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

V2X'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
=3963.126 - 3628.271
=335

V2X's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1010.564 - 940.29
=70

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $326 Mil.

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

V2X's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=70 / 1010.564
=6.95 %

* 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.


V2X  (NYSE:VVX) 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

V2X had a gross margin of 6.95% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


V2X Gross Profit Related Terms

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V2X (VVX) Business Description

Traded in Other Exchanges
Address
7901 Jones Branch Drive, Suite 700, McLean, VA, USA, 22102
V2X Inc is a U.S.-based company that provides services to the U.S. government. It operates as one segment and offers facility and logistics services and information technology mission support and engineering and digital integration services. The information technology and network communications capabilities consist of communications systems operations and maintenance, management and service support, systems installation and activation, system-of-systems engineering and software development, and mission support for the department of defense. The facility and logistics service include airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, and others.
Executives
William Boyd Noon officer: CVP, Chief Accounting Officer 150 FIELD DRIVE, SUITE 250, LAKE FOREST IL 60045
Kevin T Boyle officer: SVP, CLO & General Counsel 2424 GARDEN OF THE GODS ROAD, COLORADO SPRINGS CO 80919
Michael James Smith officer: See Remarks C/O VECTRUS, INC., 2424 GARDEN OF THE GODS ROAD, SUITE 300, COLORADO SPRINGS CO 80919
Shawn Mural officer: Senior Vice President and CFO 15197 CARVER COURT, WATERFORD VA 20197
Josephine F. Bjornson officer: Chief Human Resources Officer 7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102
Abbas Elegba director 7901 JONES BRANCH DRIVE, SUITE 700, MCLEAN VA 22102
Dino M Cusumano director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Aipcf Vi Vertex Aerospace Funding Lp 10 percent owner C/O AIP 450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017
Aipcf Vi, Llc 10 percent owner 450 LEXINGTON AVENUE, 40TH FLOOR, NEW YORK NY 10017
Lightship Capital Llc 10 percent owner 330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017
Stephen L Waechter director 1100 N GLEBE ROAD, ARLINGTON VA 22201
Eric M Pillmore director C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019
Joel M. Rotroff director C/O REV GROUP, INC., 111 EAST KILBOURN AVENUE, SUITE 2600, MILWAUKEE WI 53202
Neil Snyder director C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, SUITE 500, MILWAUKEE WI 53202
American Industrial Partners Capital Fund Vi, L.p. 10 percent owner 330 MADISON AVENUE, 28TH FLOOR, NEW YORK NY 10017