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Chuy's Holdings (Chuy's Holdings) Gross Profit : $205.8 Mil (TTM As of Dec. 2023)


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What is Chuy's Holdings Gross Profit?

Chuy's Holdings's gross profit for the three months ended in Dec. 2023 was $51.3 Mil. Chuy's Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $205.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chuy's Holdings's gross profit for the three months ended in Dec. 2023 was $51.3 Mil. Chuy's Holdings's Revenue for the three months ended in Dec. 2023 was $116.3 Mil. Therefore, Chuy's Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 44.09%.

Chuy's Holdings had a gross margin of 44.09% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Chuy's Holdings was 47.01%. The lowest was 38.06%. And the median was 40.83%.


Chuy's Holdings Gross Profit Historical Data

The historical data trend for Chuy's 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.

Chuy's Holdings Gross Profit Chart

Chuy's Holdings 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 165.43 143.74 186.37 181.06 205.78

Chuy's 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 43.69 49.68 54.41 50.40 51.29

Competitive Comparison of Chuy's Holdings's Gross Profit

For the Restaurants subindustry, Chuy's 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.


Chuy's Holdings's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Chuy's Holdings's Gross Profit distribution charts can be found below:

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



Chuy's Holdings Gross Profit Calculation

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

Chuy's 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
=461.31 - 255.53
=205.8

Chuy's 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
=116.347 - 65.054
=51.3

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 $205.8 Mil.

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

Chuy's 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
=51.3 / 116.347
=44.09 %

* 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.


Chuy's Holdings  (NAS:CHUY) 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

Chuy's Holdings had a gross margin of 44.09% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Chuy's Holdings Gross Profit Related Terms

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Chuy's Holdings (Chuy's Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1623 Toomey Road, Austin, TX, USA, 78704
Chuy's Holdings Inc operates Chuy's, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. It offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups, and salads. The company also offers a full-service bar in all of its restaurants providing its customers with a range of beverage offerings.
Executives
John Korman officer: Chief Operating Officer C/O CHUY'S HOLDINGS, INC., 1623 TOOMEY RD., AUSTIN TX 78704
Ira L. Zecher director 1623 TOOMEY ROAD, AUSTIN TX 78704
Michael C. Hatcher officer: See Remarks 1623 TOOMEY ROAD, AUSTIN TX 78704
Starlette B Johnson director
John Mountford officer: Chief Operating Officer 1623 TOOMEY ROAD, AUSTIN TX 78704
Jon W Howie officer: Chief Financial Officer 1623 TOOMEY ROAD, AUSTIN TX 78704
Steven J. Hislop director, officer: President & CEO 1623 TOOMEY ROAD, AUSTIN TX 78704
Jody L Bilney director 2202 NORTH WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Saed Mohseni director 720 SW WASHINGTON STREET, SUITE 550, PORTLAND OR 97205
Randall M Dewitt director 1623 TOOMEY ROAD, AUSTIN TX 78704
Sharon A. Russell officer: Secretary and CAO 1623 TOOMEY ROAD, AUSTIN TX 78704
Michael Roger Young director, 10 percent owner, other: Member of 10% Owner Group 1623 TOOMEY ROAD, AUSTIN TX 78704
John A. Zapp director, 10 percent owner, other: Member of 10% Owner Group 1623 TOOMEY ROAD, AUSTIN TX 78704
Susan Kittrell officer: Controller 1623 TOOMEY ROAD, AUSTIN TX 78704
Francis X. Biller officer: See Remarks 1623 TOOMEY ROAD, AUSTIN TX 78704