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Cytec Industries (Cytec Industries) Gross Profit : $579 Mil (TTM As of Sep. 2015)


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What is Cytec Industries Gross Profit?

Cytec Industries's gross profit for the three months ended in Sep. 2015 was $171 Mil. Cytec Industries's gross profit for the trailing twelve months (TTM) ended in Sep. 2015 was $579 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cytec Industries's gross profit for the three months ended in Sep. 2015 was $171 Mil. Cytec Industries's Revenue for the three months ended in Sep. 2015 was $497 Mil. Therefore, Cytec Industries's Gross Margin % for the quarter that ended in Sep. 2015 was 34.29%.

Cytec Industries had a gross margin of 34.29% for the quarter that ended in Sep. 2015 => Competition eroding margins


Cytec Industries Gross Profit Historical Data

The historical data trend for Cytec 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.

Cytec Industries Gross Profit Chart

Cytec Industries Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 361.80 423.70 505.20 651.90 603.90

Cytec Industries Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 164.80 99.10 144.00 165.50 170.50

Competitive Comparison of Cytec Industries's Gross Profit

For the Specialty Chemicals subindustry, Cytec 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.


Cytec Industries's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cytec Industries's Gross Profit distribution charts can be found below:

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



Cytec Industries Gross Profit Calculation

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

Cytec Industries's Gross Profit for the fiscal year that ended in Dec. 2014 is calculated as

Gross Profit (A: Dec. 2014 )=Revenue - Cost of Goods Sold
=2007.7 - 1403.8
=604

Cytec Industries's Gross Profit for the quarter that ended in Sep. 2015 is calculated as

Gross Profit (Q: Sep. 2015 )=Revenue - Cost of Goods Sold
=497.3 - 326.8
=171

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $579 Mil.

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

Cytec Industries's Gross Margin % for the quarter that ended in Sep. 2015 is calculated as

Gross Margin % (Q: Sep. 2015 )=Gross Profit (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=(Revenue - Cost of Goods Sold) / Revenue
=171 / 497.3
=34.29 %

* 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.


Cytec Industries  (NYSE:CYT) 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

Cytec Industries had a gross margin of 34.29% for the quarter that ended in Sep. 2015 => Competition eroding margins


Cytec Industries Gross Profit Related Terms

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Cytec Industries (Cytec Industries) Business Description

Traded in Other Exchanges
N/A
Address
Cytec Industries Inc was incorporated as an independent public company in Delaware in December 1993. It is a specialty materials and chemicals company. Its products serve a diverse range of end markets including aerospace and industrial materials, mining and plastics. Its segments include Aerospace Materials, Industrial Materials, In Process Separation, and Additive Technologies. Its Aerospace Materials segment is a provider of technologically advanced materials for aerospace markets. Its product lines are Advanced composites, Structural and film adhesives, and Carbon fibers. It markets Aerospace Materials products and services directly to its customers using sales and technical support team. It is a supplier for military fixed wing programs, such as the F-35 Joint Strike Fighter and F-18 fighter jet programs, where advanced composites generally account for a higher percentage of structural weight. Advanced composites are exceptionally strong and lightweight materials (prepregs and resin infusion systems) it manufactures from high performance fibers (like carbon fiber) with epoxy, bismaleimide, phenolic, polyimide and other resins formulated or purchased by the Company. Structural and film adhesives are used for bonding and surfacing both metal and composite aircraft components. It also manufactures specialty adhesive forms for complex composites assemblies, such as honeycomb and sandwich structures and special surfacing films to provide aircraft lightning strike protection. It began construction on a new standard modulus carbon fiber line in South Carolina in early 2008. Its Industrial Materials segment provides Structural materials and Process materials. In Industrial Materials, it markets its products through a direct sales force for the structural materials and process materials product lines. Structural materials product line includes the development, manufacturing and supply of advanced composite materials for a diverse range of industries such as motorsports, automotive, defense, rail, tooling, recreation, alternative energy and other markets. Process materials product line includes the development, manufacture, and supply of vacuum bagging and other process materials to the composites industry and other markets, providing a wide range of materials and technical support to a growing number of international customers. Its In Process Separation segment provides Mining chemicals, and Phosphines. It markets In Process Separation chemicals through specialized sales and technical service staffs for each of its product lines. Mining chemicals product line is primarily used in applications to separate desired minerals from host ores. Phosphine specialties are utilized for a variety of applications. Its Additive Technologies segment provides Polymer additives, Specialty additives, and Formulated resins. It markets Additive Technologies chemicals through specialized sales and technical service staffs for each of its product lines. I
Executives
Carol P Lowe director 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
Barry C Johnson director C/O CYTEC INDUSTRIES INC, 5 GARRET MOUNTAIN PLAZA, WEST PATERSON NJ 07424
David P Hess director 390 PARK AVENUE, NEW YORK NY 10022
Anthony G Fernandes director 9700 HIGGINS ROAD, SUITE 750, ROSEMONT IL 60018
Thomas W Rabaut director C/O CYTEC INDUSTRIES INC, 5 GARRET MOUNTAIN PLAZA, WEST PATERSON NJ 07424
William P Powell director C/O CYTEC INDUSTRIES INC, 5 GARRET MOUNTAIN PLAZA, WEST PATERSON NJ 07424
David Lilley director
Assche Benoit Van officer: President, CSS 10-1 BLANCHARDSTOWN CORPORATE PARK, BALLYCOOLIN, DUBLIN L2 15

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