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Aircastle (Aircastle) Gross Profit

: $893.1 Mil (TTM As of Dec. 2019)
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Aircastle's gross profit for the three months ended in Dec. 2019 was $238.8 Mil. Aircastle's gross profit for the trailing twelve months (TTM) ended in Dec. 2019 was $893.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aircastle's gross profit for the three months ended in Dec. 2019 was $238.8 Mil. Aircastle's Revenue for the three months ended in Dec. 2019 was $243.7 Mil. Therefore, Aircastle's Gross Margin % for the quarter that ended in Dec. 2019 was 97.96%.

Aircastle had a gross margin of 97.96% for the quarter that ended in Dec. 2019 => Durable competitive advantage


Aircastle Gross Profit Historical Data

The historical data trend for Aircastle'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.

Aircastle Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 807.70 804.31 842.71 881.39 893.11

Aircastle Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 288.33 206.52 218.20 229.62 238.77

Competitive Comparison

For the Rental & Leasing Services subindustry, Aircastle'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.


Aircastle Gross Profit Distribution

For the Business Services industry and Industrials sector, Aircastle's Gross Profit distribution charts can be found below:

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



Aircastle Gross Profit Calculation

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

Aircastle's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Gross Profit (A: Dec. 2019 )=Revenue - Cost of Goods Sold
=917.938 - 24.828
=893.1

Aircastle's Gross Profit for the quarter that ended in Dec. 2019 is calculated as

Gross Profit (Q: Dec. 2019 )=Revenue - Cost of Goods Sold
=243.73 - 4.961
=238.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $893.1 Mil.

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

Aircastle's Gross Margin % for the quarter that ended in Dec. 2019 is calculated as

Gross Margin % (Q: Dec. 2019 )=Gross Profit (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=238.8 / 243.73
=97.96 %

* 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.


Aircastle  (NYSE:AYR) 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

Aircastle had a gross margin of 97.96% for the quarter that ended in Dec. 2019 => Durable competitive advantage


Aircastle Gross Profit Related Terms

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Aircastle (Aircastle) Business Description

Traded in Other Exchanges
N/A
Address
c/o Aircastle Advisor LLC, 201 Tresser Boulevard, Suite 400, Stamford, CT, USA, 06901
Aircastle Ltd is engaged in acquiring, leasing, and selling of commercial jet aircraft to airlines. The company has only single operating segment which is leasing, financing, selling, and managing commercial flight equipment.
Executives
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Douglas A Hacker director P O BOX 66100-WHQLD, CHICAGO IL 60666
Ronald W Allen director P O BOX 1734, ATLANTA GA 30301
Ronald Merriman director 6175 NANCY RIDGE, SAN DIEGO CA 92121
Charles W. Pollard director 50 CRESCENT AVENUE, SECOND CLIFF, SCITUATE MA 02066
Ontario Teachers Pension Plan Board 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Peter V Ueberroth director CONTRARIAN GROUP INC, 1071 CAMELBACK ST, NEWPORT BEACH CA 92660
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fig Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Corp. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Adams Joseph P. Jr. director C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark S Zeidman officer: Chief Financial Officer 1661 WORTHINGTON ROAD, SUITE 100, W PALM BEACH FL 33409
Fortress Investment Holdings Llc 10 percent owner 1251 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020