Atkore's gross profit for the
three
months ended in Dec. 2023 was $291 Mil. Atkore's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,296 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Atkore's gross profit for the
three
months ended in Dec. 2023 was $291 Mil. Atkore's Revenue for the
three
months ended in Dec. 2023 was $798 Mil. Therefore, Atkore's Gross Margin % for the quarter that ended in Dec. 2023 was 36.39%.
Atkore had a gross margin of 36.39% for the quarter that ended in Dec. 2023 => Competition eroding margins
During the past 11 years, the highestGross Margin % of Atkore was 41.90%. The lowest was 13.34%. And the median was 25.04%.
Atkore Gross Profit Historical Data
The historical data trend for Atkore'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.
For the Electrical Equipment & Parts subindustry, Atkore'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.
Atkore's Gross Profit Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Atkore's Gross Profit distribution charts can be found below:
* The bar in red indicates where Atkore's Gross Profit falls into.
Atkore Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Atkore's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as
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 $1,296 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Atkore's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as
* 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.
Atkore (NYSE:ATKR) 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
Atkore had a gross margin of 36.39% for the quarter that ended in Dec. 2023 => Competition eroding margins
Atkore Gross Profit Related Terms
Thank you for viewing the detailed overview of Atkore's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.
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