Market Cap : 10.18 B | Enterprise Value : 9.95 B | PE Ratio : 24.16 | PB Ratio : 6.02 |
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Graco's gross profit for the three months ended in Mar. 2022 was $254 Mil. Graco's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $1,041 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Graco's gross profit for the three months ended in Mar. 2022 was $254 Mil. Graco's Revenue for the three months ended in Mar. 2022 was $494 Mil. Therefore, Graco's Gross Margin % for the quarter that ended in Mar. 2022 was 51.48%.
Graco had a gross margin of 51.48% for the quarter that ended in Mar. 2022 => Durable competitive advantage
During the past 13 years, the highest Gross Margin % of Graco was 55.02%. The lowest was 51.34%. And the median was 53.43%.
The historical data trend for Graco'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 Specialty Industrial Machinery subindustry, Graco'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.
For the Industrial Products industry and Industrials sector, Graco's Gross Profit distribution charts can be found below:
* The bar in red indicates where Graco's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Graco's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as
Gross Profit (A: Dec. 2021 ) | = | Revenue | - | Cost of Goods Sold |
= | 1987.608 | - | 953.659 | |
= | 1,034 |
Graco's Gross Profit for the quarter that ended in Mar. 2022 is calculated as
Gross Profit (Q: Mar. 2022 ) | = | Revenue | - | Cost of Goods Sold |
= | 494.285 | - | 239.81 | |
= | 254 |
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,041 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Graco's Gross Margin % for the quarter that ended in Mar. 2022 is calculated as
Gross Margin % (Q: Mar. 2022 ) | = | Gross Profit (Q: Mar. 2022 ) | / | Revenue (Q: Mar. 2022 ) |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | 254 | / | 494.285 | |
= | 51.48 % |
* 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.
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
Graco had a gross margin of 51.48% for the quarter that ended in Mar. 2022 => Durable competitive advantage
Thank you for viewing the detailed overview of Graco's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Zumbolo Brian J | officer: President, Asia Pacific | PO BOX 1441 MINNEAPOLIS MN 55440-1441 |
Gallivan Karen Park | officer: Executive Vice President | P O BOX 1441 MINNEAPOLIS MN 55440-1441 |
Wheeler Kevin J. | director | A. O. SMITH CORPORATION 500 TENNESSEE WALTZ PARKWAY ASHLAND CITY TN 37015 |
Van Sant R William | director | PO BOX 1441 MINNEAPOLIS MN 55440-1441 |
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White Emily | director | C/O LULULEMON ATHLETICA INC. 1818 CORNWALL AVENUE VANCOUVER A1 V6J 1C7 |
Morfitt Martha A M | director | P.O. BOX 1441 MINNEAPOLIS MN 55440-1441 |
Mitau Lee R | director | P O BOX 1441 MINNEAPOLIS MN 55440-1441 |
Feragen Jody H | director | 1 HORMEL PLACE AUSTIN TX 55912 |
Gilligan J Kevin | director | P O BOX 1441 MINNEAPOLIS MN 55440-1441 |
White Timothy R | officer: President, White Knight, QED | 88 11TH AVENUE NE MINNEAPOLIS MN 55413 |
Johnson Dale D | officer: President, Worldwide CED | P.O. BOX 1441 MINNEAPOLIS MN 5440-1441 |
Chambers Caroline M | officer: President, EMEA | PO BOX 1441 MINNEAPOLIS MN 55440-1441 |
Wordell Angela F | officer: EVP, Operations, President ONG | 88 11TH AVENUE NE MINNEAPOLIS MN 55413 |
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