RBC Bearings's gross profit for the
three
months ended in Dec. 2023 was $158 Mil. RBC Bearings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $659 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. RBC Bearings's gross profit for the
three
months ended in Dec. 2023 was $158 Mil. RBC Bearings's Revenue for the
three
months ended in Dec. 2023 was $374 Mil. Therefore, RBC Bearings's Gross Margin % for the quarter that ended in Dec. 2023 was 42.26%.
RBC Bearings had a gross margin of 42.26% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of RBC Bearings was 42.75%. The lowest was 36.62%. And the median was 38.37%.
RBC Bearings Gross Profit Historical Data
The historical data trend for RBC Bearings'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 Tools & Accessories subindustry, RBC Bearings'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.
RBC Bearings Gross Profit Distribution
For the Industrial Products industry and Industrials sector, RBC Bearings's Gross Profit distribution charts can be found below:
* The bar in red indicates where RBC Bearings's Gross Profit falls into.
RBC Bearings Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
RBC Bearings's Gross Profit for the fiscal year that ended in Mar. 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 $659 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
RBC Bearings'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.
RBC Bearings (NYSE:RBC) 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
RBC Bearings had a gross margin of 42.26% for the quarter that ended in Dec. 2023 => Durable competitive advantage
RBC Bearings Gross Profit Related Terms
Thank you for viewing the detailed overview of RBC Bearings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
RBC Bearings Inc is a manufacturer and marketer of precision bearings and products used in aircraft and mechanical systems. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The products reduce wear in moving parts, facilitate proper power transmission, reduce damage and energy loss, and control pressure and flow. The primary customers for RBC Bearings are industrial markets and aerospace markets such as construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, commercial, private and military aircraft engines, and guided weaponry. The end market is the United States of America.
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