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CoreLogic (CoreLogic) Gross Profit : $1,115 Mil (TTM As of Mar. 2021)


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What is CoreLogic Gross Profit?

CoreLogic's gross profit for the three months ended in Mar. 2021 was $260 Mil. CoreLogic's gross profit for the trailing twelve months (TTM) ended in Mar. 2021 was $1,115 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CoreLogic's gross profit for the three months ended in Mar. 2021 was $260 Mil. CoreLogic's Revenue for the three months ended in Mar. 2021 was $423 Mil. Therefore, CoreLogic's Gross Margin % for the quarter that ended in Mar. 2021 was 61.55%.

CoreLogic had a gross margin of 61.55% for the quarter that ended in Mar. 2021 => Durable competitive advantage


CoreLogic Gross Profit Historical Data

The historical data trend for CoreLogic'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.

CoreLogic Gross Profit Chart

CoreLogic Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 908.62 876.27 774.08 808.76 1,045.35

CoreLogic Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 208.40 262.97 282.54 309.65 260.23

Competitive Comparison of CoreLogic's Gross Profit

For the Information Technology Services subindustry, CoreLogic'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.


CoreLogic's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, CoreLogic's Gross Profit distribution charts can be found below:

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



CoreLogic Gross Profit Calculation

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

CoreLogic's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as

Gross Profit (A: Dec. 2020 )=Revenue - Cost of Goods Sold
=1642.375 - 597.022
=1,045

CoreLogic's Gross Profit for the quarter that ended in Mar. 2021 is calculated as

Gross Profit (Q: Mar. 2021 )=Revenue - Cost of Goods Sold
=422.785 - 162.559
=260

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,115 Mil.

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

CoreLogic's Gross Margin % for the quarter that ended in Mar. 2021 is calculated as

Gross Margin % (Q: Mar. 2021 )=Gross Profit (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=260 / 422.785
=61.55 %

* 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.


CoreLogic  (NYSE:CLGX) 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

CoreLogic had a gross margin of 61.55% for the quarter that ended in Mar. 2021 => Durable competitive advantage


CoreLogic Gross Profit Related Terms

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CoreLogic (CoreLogic) Business Description

Traded in Other Exchanges
N/A
Address
40 Pacifica, Suite 900, Irvine, CA, USA, 92618
CoreLogic Inc is a provider of data and analytics for the real estate sector. It operates in two segments: Property Intelligence & Risk Management Solutions and Underwriting & Workflow Solutions. The company offers a national database of property and mortgage information, judgments and liens, building and replacement costs, parcel and geospatial data, criminal background records, eviction information, nonprime lending records, credit information, and tax information. The database includes historical property transactions and mortgage applications and covers nearly all U.S. residential and commercial properties. Corelogic also provides analytics services and tools built around its database for use of property valuation and credit and risk management.
Executives
Patrick L Dodd officer: Chief Operating & Growth Off. 40 PACIFICA SUITE 900 SUITE 900 IRVINE CA 92618
Francis Aaron Henry officer: CLO & Corporate Secretary 2828 NORTH HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
J David Chatham director 5780 WINDWARD PARKWAY SUITE 300, ALPHARETTA GA 30005
Thomas C Obrien director 850 E ALGONQUIN RD, STE 100, SCHAUMGURG IL 60173
John C Dorman director C/O LOANDEPOT, INC. ATTN GENERAL COUNSEL, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 90402
Douglas C Curling director 1000 ALDERMAN DRIVE, ALPHARETTA GA 30005
John K Stumpf officer: Executive, Controller & CAO
Barry M Sando officer: Managing Director 4 FIRST AMERICAN WAY SANTA ANA CA 92708
James L Balas officer: Chief Financial Officer CORELOGIC, INC. 40 PACIFICA, SUITE 900 IRVINE CA 92618
Vikrant Raina director CORELOGIC, INC. 40 PACIFICA, SUITE 900 IRVINE CA 92618
Paul F Folino director ONE ENTERPRISE, ALISO VIEJO CA 92656
Frank Martell director, officer: President & CEO 10 GASTON FARMS ROAD, GREENWICH CT 06831
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Michael Shepherd director 567 HALE STREET, PALO ALTO CA 94301
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104

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