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Tamron Co (Tamron Co) Gross Profit : $222.9 Mil (TTM As of Dec. 2023)


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What is Tamron Co Gross Profit?

Tamron Co's gross profit for the three months ended in Dec. 2023 was $58.6 Mil. Tamron Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $222.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tamron Co's gross profit for the three months ended in Dec. 2023 was $58.6 Mil. Tamron Co's Revenue for the three months ended in Dec. 2023 was $136.4 Mil. Therefore, Tamron Co's Gross Margin % for the quarter that ended in Dec. 2023 was 42.96%.

Tamron Co had a gross margin of 42.96% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Tamron Co was 44.32%. The lowest was 31.47%. And the median was 36.71%.


Tamron Co Gross Profit Historical Data

The historical data trend for Tamron Co'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.

Tamron Co Gross Profit Chart

Tamron Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 222.08 176.98 203.87 204.74 219.87

Tamron Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 51.11 49.09 58.60 56.63 58.61

Competitive Comparison of Tamron Co's Gross Profit

For the Leisure subindustry, Tamron Co'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.


Tamron Co's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tamron Co's Gross Profit distribution charts can be found below:

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



Tamron Co Gross Profit Calculation

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

Tamron Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=496.078 - 276.209
=219.9

Tamron Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=136.427 - 77.815
=58.6

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 $222.9 Mil.

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

Tamron Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=58.6 / 136.427
=42.96 %

* 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.


Tamron Co  (OTCPK:TMRNF) 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

Tamron Co had a gross margin of 42.96% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Tamron Co Gross Profit Related Terms

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Tamron Co (Tamron Co) Business Description

Traded in Other Exchanges
Address
1385 Hasunuma, Minuma-ku, Saitama, JPN, 337-8556
Tamron Co Ltd is a Japanese manufacturer of optical and photographic lenses. The company organises itself into three segments: photographic products, optical components, and commercial/industrial-use optics. The photographic products segment, which contributes most company revenue, produces interchangeable lenses for SLR cameras. The optical components segment includes mobile phone, camcorder, and digital camera lenses. The commercial/industrial-use optics segment, the second largest contributor to revenue, produces lenses for CCTV cameras and automotive cameras. The company's most significant geographical segment is Asia (ex. Japan), followed by sales made in Japan, in Europe, and in North America.

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