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United States Lime & Minerals (United States Lime & Minerals) Gross Profit : $102.9 Mil (TTM As of Dec. 2023)


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What is United States Lime & Minerals Gross Profit?

United States Lime & Minerals's gross profit for the three months ended in Dec. 2023 was $23.6 Mil. United States Lime & Minerals's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $102.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. United States Lime & Minerals's gross profit for the three months ended in Dec. 2023 was $23.6 Mil. United States Lime & Minerals's Revenue for the three months ended in Dec. 2023 was $65.7 Mil. Therefore, United States Lime & Minerals's Gross Margin % for the quarter that ended in Dec. 2023 was 35.91%.

United States Lime & Minerals had a gross margin of 35.91% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of United States Lime & Minerals was 36.57%. The lowest was 21.11%. And the median was 25.44%.


United States Lime & Minerals Gross Profit Historical Data

The historical data trend for United States Lime & Minerals'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.

United States Lime & Minerals Gross Profit Chart

United States Lime & Minerals 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 41.68 47.59 59.26 70.34 102.87

United States Lime & Minerals 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 16.80 23.99 27.13 28.16 23.59

Competitive Comparison of United States Lime & Minerals's Gross Profit

For the Building Materials subindustry, United States Lime & Minerals'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.


United States Lime & Minerals's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Gross Profit distribution charts can be found below:

* The bar in red indicates where United States Lime & Minerals's Gross Profit falls into.



United States Lime & Minerals Gross Profit Calculation

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

United States Lime & Minerals'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
=281.33 - 178.463
=102.9

United States Lime & Minerals's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=65.692 - 42.103
=23.6

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 $102.9 Mil.

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

United States Lime & Minerals'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
=23.6 / 65.692
=35.91 %

* 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.


United States Lime & Minerals  (NAS:USLM) 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

United States Lime & Minerals had a gross margin of 35.91% for the quarter that ended in Dec. 2023 => Competition eroding margins


United States Lime & Minerals Gross Profit Related Terms

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United States Lime & Minerals (United States Lime & Minerals) Business Description

Traded in Other Exchanges
Address
5429 LBJ Freeway, Suite 230, Dallas, TX, USA, 75240
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime, and lime slurry. It supplies primarily to the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas.
Executives
Timothy Wade Stone other: Director - Sales & Marketing 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Sandra C Duhe director 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Timothy W Byrne director, officer: President & CEO 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Nathan O'neill officer: Vice President 5429 LBJ FRWY; STE 230, DALLAS TX 75240
Bill Hughes officer: Senior Vice President 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Hawkins Tom S Jr director 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75420
John J Gagnon officer: Vice President 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Inberdon Enterprises Ltd 10 percent owner 1020 789 WEST PENDER ST, VANCOUVER A1 00000
Edward A Odishaw director 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
George Michel Doumet 10 percent owner #2201 - 2077 NELSON STREET, VANCOUVER A1 V6G 2Y2
Richard W Cardin director 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Ray M Harlin director
Michael L Wiedemer officer: VP & CFO 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
M Michael Owens officer: Vice President 5429 LBJ FREEWAY STE 230, DALLAS TX 75240
David Leymeister officer: Vice President 5711 PRESTON OAKS ROAD, #1433, DALLAS TX 75254

United States Lime & Minerals (United States Lime & Minerals) Headlines

From GuruFocus

Insider Sell: United States Lime & Minerals Inc CEO Timothy Byrne Sells 7,311 Shares

By GuruFocus Research GuruFocus Editor 05-25-2023