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AEP Industries (AEP Industries) Gross Profit : $190 Mil (TTM As of Oct. 2016)


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What is AEP Industries Gross Profit?

AEP Industries's gross profit for the three months ended in Oct. 2016 was $46 Mil. AEP Industries's gross profit for the trailing twelve months (TTM) ended in Oct. 2016 was $190 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. AEP Industries's gross profit for the three months ended in Oct. 2016 was $46 Mil. AEP Industries's Revenue for the three months ended in Oct. 2016 was $285 Mil. Therefore, AEP Industries's Gross Margin % for the quarter that ended in Oct. 2016 was 16.23%.

AEP Industries had a gross margin of 16.23% for the quarter that ended in Oct. 2016 => No sustainable competitive advantage


AEP Industries Gross Profit Historical Data

The historical data trend for AEP Industries'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.

AEP Industries Gross Profit Chart

AEP Industries Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 182.74 154.47 121.91 181.66 190.34

AEP Industries Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
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 51.12 43.73 54.08 46.20 46.33

Competitive Comparison of AEP Industries's Gross Profit

For the Auto Parts subindustry, AEP Industries'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.


AEP Industries's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AEP Industries's Gross Profit distribution charts can be found below:

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



AEP Industries Gross Profit Calculation

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

AEP Industries's Gross Profit for the fiscal year that ended in Oct. 2016 is calculated as

Gross Profit (A: Oct. 2016 )=Revenue - Cost of Goods Sold
=1095.83 - 905.487
=190

AEP Industries's Gross Profit for the quarter that ended in Oct. 2016 is calculated as

Gross Profit (Q: Oct. 2016 )=Revenue - Cost of Goods Sold
=285.426 - 239.095
=46

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $190 Mil.

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

AEP Industries's Gross Margin % for the quarter that ended in Oct. 2016 is calculated as

Gross Margin % (Q: Oct. 2016 )=Gross Profit (Q: Oct. 2016 ) / Revenue (Q: Oct. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=46 / 285.426
=16.23 %

* 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.


AEP Industries  (NAS:AEPI) 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

AEP Industries had a gross margin of 16.23% for the quarter that ended in Oct. 2016 => No sustainable competitive advantage


AEP Industries Gross Profit Related Terms

Thank you for viewing the detailed overview of AEP Industries's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


AEP Industries (AEP Industries) Business Description

Traded in Other Exchanges
N/A
Address
AEP Industries Inc was founded in 1970 and incorporated in Delaware in 1985. The Company is a manufacturer of plastic packaging films in North America. It manufactures and markets a diverse line of polyethylene, polyvinyl chloride and polypropylene flexible packaging products, with consumer, industrial and agricultural applications. The Company's plastic packaging films are used in the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, constructions, agriculture and textile industries. It manufactures plastic films, mainly from resins blended with other raw materials, which it either sell or further process by printing, laminating, slitting or converting. The Company's processing technologies enable it to create a variety of value-added products according to the specifications of its customers. Its manufacturing operations are located in the United States and Canada. It manufactures both industrial grade products, which are manufactured to general industry specifications, and specialty products, which are manufactured under more exacting standards to assure certain required chemical and physical properties. Specialty products generally sell at higher margins than industrial grade products. It manufactures custom films, generally for industrial applications, including sheeting, tubing and bags. The Company manufactures a line of stretch film products for both hand wrap and rotary applications, using both monolayer and co-extruded constructions used to wrap pallets of industrial and commercial goods for shipping or storage. The Company manufacture specifically formulated in-store and pre-store films with its Resinite line of polyvinyl chloride food wrap for the supermarket and industrial markets. It offers product with approximately 50 different formulations. Its Griffin, Georgia facility also produces dispenser (ZipSafe cutter) boxes containing polyvinyl chloride food wrap for sale to consumers and institutions, including restaurants, schools, hospitals and penitentiaries. The Company's PROformance films are used for food, pharmaceutical and medical applications and are available in up to five layers for applications requiring strength, clarity, sealability, barrier properties against oxygen or moisture transmission, and breathability for preserving freshness. Its canliners product line includes retail kitchen and standard trash bags and others. The Company manufactures approximately ten color printing, sheeting, and wicketed bags. It's printed and converted films provide printed rollstock to the food and beverage industries and other manufacturing and distributing companies. It also converts printed rollstock to bags and pouches for use by bakeries, fresh or frozen food processors, manufacturers or other dry goods processors. The Company's operations are conducted within one business segment-the production, manufacture and distribution of flexible plastic packaging products, for the food
Executives
Lee C Stewart director PO BOX 816, SHARON CT 06069
Daniel Khoshaba 10 percent owner 67 EAST PARK PLACE, 8TH FLOOR, SUITE 800, MORRISTOWN NJ 07960
Jmb Capital Partners Master Fund L.p. 10 percent owner 1999 AVENUE OF THE STARS, SUITE 2040, LOS ANGELES CA 90067
Jonathan Brooks 10 percent owner 2201 NORTH BEVERLY DR., BEVERLY HILLS CA 90210
Smithwood Partners Llc 10 percent owner 1999 AVENUE OF THE STARS, SUITE 2040, LOS ANGELES CA 90067
Smithwood General Partner, Llc 10 percent owner 1999 AVENUE OF THE STARS, SUITE 2040, LOS ANGELES CA 90067-6022
Smithwood Advisers, L.p. 10 percent owner 1999 AVENUE OF THE STARS, SUITE 2040, LOS ANGELES CA 90067-6022
Third Point Llc 10 percent owner 55 HUDSON YARDS, NEW YORK NY 10001
Daniel S Loeb 10 percent owner THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Bradley Louis Radoff other: See Remarks Below 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Matthew Constantino other: Former Director (1) 120 FIFTH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Eric Press other: Former Director (1) 1301 AVENUE OF THE AMERICA 38TH FLOOR, NEW YORK NY 10019
Apollo Investment Fund V Lp 10 percent owner 2 MANHATTANVILLE RD, C/O APOLLO ADVISORS LP, PURCHASE NY 10577
Apollo Advisors V Lp 10 percent owner 2 MANHATTANVILLE RD, C/O APOLLO ADVISORS LP, PURCHASE NY 10577
Apollo Management V Lp 10 percent owner 2 MANHATTANVILLE RD, C/O APOLLO ADVISORS LP, PURCHASE NY 10577

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