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Johnson Outdoors (Johnson Outdoors) Gross Profit : $234.2 Mil (TTM As of Dec. 2023)


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What is Johnson Outdoors Gross Profit?

Johnson Outdoors's gross profit for the three months ended in Dec. 2023 was $52.9 Mil. Johnson Outdoors's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $234.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Johnson Outdoors's gross profit for the three months ended in Dec. 2023 was $52.9 Mil. Johnson Outdoors's Revenue for the three months ended in Dec. 2023 was $138.6 Mil. Therefore, Johnson Outdoors's Gross Margin % for the quarter that ended in Dec. 2023 was 38.12%.

Johnson Outdoors had a gross margin of 38.12% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Johnson Outdoors was 44.60%. The lowest was 36.50%. And the median was 41.85%.

Warning Sign:

Johnson Outdoors Inc gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


Johnson Outdoors Gross Profit Historical Data

The historical data trend for Johnson Outdoors'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.

Johnson Outdoors Gross Profit Chart

Johnson Outdoors Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.76 264.99 334.13 271.33 244.09

Johnson Outdoors 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 62.78 75.34 77.59 28.39 52.85

Competitive Comparison of Johnson Outdoors's Gross Profit

For the Leisure subindustry, Johnson Outdoors'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.


Johnson Outdoors's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's Gross Profit distribution charts can be found below:

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



Johnson Outdoors Gross Profit Calculation

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

Johnson Outdoors's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=663.844 - 419.757
=244.1

Johnson Outdoors's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=138.644 - 85.79
=52.9

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 $234.2 Mil.

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

Johnson Outdoors'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
=52.9 / 138.644
=38.12 %

* 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.


Johnson Outdoors  (NAS:JOUT) 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

Johnson Outdoors had a gross margin of 38.12% for the quarter that ended in Dec. 2023 => Competition eroding margins


Johnson Outdoors Gross Profit Related Terms

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Johnson Outdoors (Johnson Outdoors) Business Description

Traded in Other Exchanges
N/A
Address
555 Main Street, Racine, WI, USA, 53403
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.
Executives
David W Johnson officer: VP and Chief Financial Officer C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Jeffrey M Stutz director 855 EAST MAIN, ZEELAND MI 49464
Fahey John M Jr director C/O NATINAL GEOGRAPHIC, 1146 17TH STREET NW, WASHINTON DC 20036
Liliann Annie Zipfel director 555 MAIN STREET, RACINE WI 53403
Paul Garvin Alexander director 2400 MASSACHUSETTS AVENUE, LEXINGTON MA 02421
Pyle Thomas F Jr director 3500 CORBEN COURT, MADISON WI 53704
Edward F Lang director C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Terry E London director 100 PIER 1 PLACE, FORT WORTH TX 76102
Richard Case Sheahan director C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
William D Perez director
Edward A Stevens director 555 MAIN STREET, RACINE WI 53403
Katherine Button Bell director 10 PICARDY LANE, ST LOUIS MO 63124
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Johnson Leipold Helen P director, 10 percent owner, officer: Chairman and CEO C/OJ/K MANAGEMENT SERVICES INC, 555 MAIN STREET, RACINE WI 53403-1015
Daniel R Tisch 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022

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