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National Vision Holdings (National Vision Holdings) Gross Profit : $1,126 Mil (TTM As of Dec. 2023)


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What is National Vision Holdings Gross Profit?

National Vision Holdings's gross profit for the three months ended in Dec. 2023 was $259 Mil. National Vision Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,126 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. National Vision Holdings's gross profit for the three months ended in Dec. 2023 was $259 Mil. National Vision Holdings's Revenue for the three months ended in Dec. 2023 was $506 Mil. Therefore, National Vision Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 51.23%.

National Vision Holdings had a gross margin of 51.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of National Vision Holdings was 56.49%. The lowest was 52.93%. And the median was 53.78%.


National Vision Holdings Gross Profit Historical Data

The historical data trend for National Vision Holdings'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.

National Vision Holdings Gross Profit Chart

National Vision Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 917.81 925.14 1,174.75 1,079.82 1,125.56

National Vision Holdings 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 246.75 308.32 277.50 280.33 259.41

Competitive Comparison of National Vision Holdings's Gross Profit

For the Specialty Retail subindustry, National Vision Holdings'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.


National Vision Holdings's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, National Vision Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where National Vision Holdings's Gross Profit falls into.



National Vision Holdings Gross Profit Calculation

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

National Vision Holdings'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
=2126.468 - 1000.91
=1,126

National Vision Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=506.403 - 246.993
=259

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 $1,126 Mil.

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

National Vision Holdings'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
=259 / 506.403
=51.23 %

* 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.


National Vision Holdings  (NAS:EYE) 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

National Vision Holdings had a gross margin of 51.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage


National Vision Holdings Gross Profit Related Terms

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National Vision Holdings (National Vision Holdings) Business Description

Traded in Other Exchanges
Address
2435 Commerce Avenue, Building 2200, Duluth, GA, USA, 30096
National Vision Holdings Inc is an optical retailer in the U.S. Its product portfolio includes eyeglasses and sunglasses, contact lenses, accessories, and other products. The company has two operating segments; Owned and Host segment includes company-owned brands America's Best and Eyeglass World, In America's Best stores, vision care services are provided by optometrists or by independent professional corporations and Host operating consist of Military and Fred Meyer which provide eye exams by independent optometrists, and the Legacy segment manages the operations of, and supplies inventory and lab processing services to Legacy retail Vision Centers. It earns a majority of its revenue from the Owned and Host segment.
Executives
D Randolph Peeler director, 10 percent owner CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Thomas V Taylor director 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Ravi Acharya officer: SVP, Chief Technology Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096
Virginia A Hepner director 415 EAST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
L Reade Fahs director, officer: Chief Executive Officer
Patrick R. Moore officer: SVP, Chief Financial Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVENUE, BLDG. 2200, DULUTH GA 30096
Jared Brandman officer: SVP, GC and Secretary C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVENUE BLDG. 2200, DULUTH GA 30096-4980
David M Tehle director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Joseph Vandette officer: SVP, Chief Marketing Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096
Melissa Rasmussen officer: SVP, Chief Accounting Officer NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVENUE BLDG 2200, DULUTH GA 30095
Roger F. Francis officer: SVP, Chief Stores Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096
Jose Armario director MCDONALD'S CORPORATION, 2915 JORIE BOULEVARD, OAK BROOK IL 60523
Susan S Johnson director 303 PEACHTREE STREET, NE, ATLANTA GA 30308
Naomi Kelman director C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096
Joan Blackwood officer: SVP, Chief Marketing Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096