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Willdan Group (Willdan Group) Gross Profit : $179.8 Mil (TTM As of Dec. 2023)


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What is Willdan Group Gross Profit?

Willdan Group's gross profit for the three months ended in Dec. 2023 was $54.4 Mil. Willdan Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $179.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Willdan Group's gross profit for the three months ended in Dec. 2023 was $54.4 Mil. Willdan Group's Revenue for the three months ended in Dec. 2023 was $155.7 Mil. Therefore, Willdan Group's Gross Margin % for the quarter that ended in Dec. 2023 was 34.96%.

Willdan Group had a gross margin of 34.96% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Willdan Group was 40.95%. The lowest was 28.06%. And the median was 33.81%.


Willdan Group Gross Profit Historical Data

The historical data trend for Willdan Group'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.

Willdan Group Gross Profit Chart

Willdan Group 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 134.97 129.39 135.87 143.58 179.77

Willdan Group 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 43.11 41.28 40.63 43.43 54.43

Competitive Comparison of Willdan Group's Gross Profit

For the Engineering & Construction subindustry, Willdan Group'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.


Willdan Group's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Willdan Group's Gross Profit distribution charts can be found below:

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



Willdan Group Gross Profit Calculation

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

Willdan Group'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
=510.095 - 330.328
=179.8

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=155.677 - 101.252
=54.4

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 $179.8 Mil.

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

Willdan Group'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
=54.4 / 155.677
=34.96 %

* 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.


Willdan Group  (NAS:WLDN) 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

Willdan Group had a gross margin of 34.96% for the quarter that ended in Dec. 2023 => Competition eroding margins


Willdan Group Gross Profit Related Terms

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Willdan Group (Willdan Group) Business Description

Traded in Other Exchanges
Address
2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806
Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.
Executives
Creighton K Early officer: Vice President and CFO C/O WILLDAN GROUP INC., 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Michael A Bieber officer: SVP, Corporate Development 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Thomas Donald Brisbin director, officer: President and CEO 2401 E. KATELLA AVENUE, #300, ANAHEIM CA 92806
Micah Chen officer: General Counsel 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Forager Fund, L.p. 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE N SUITE 201, BIRMINGHAM AL 35203
Robert Symmes Macarthur 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE. N, SUITE 201, BIRMINGHAM AL 35203
Edward Urban Kissel 10 percent owner C/O FORAGER CAPITAL MANAGEMENT, LLC, 2024 3RD AVE. N, SUITE 201, BIRMINGHAM AL 35203
Mohammad Shahidehpour director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Keith W Renken director PACIFIC GULF PROPERTIES INC, 4220 VON KARMAN SECOND FLOOR, NEWPORT BEACH CA 92660-2002
Dennis V Mcginn director 46415 MILLSTONE LANDING ROAD, LEXINGTON PARK MD 20653
Paul Milton Whitelaw officer: SVP, Business Development 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Wanda Kay Reder director C/O WILLDAN GROUP, 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Adam C Procell officer: EVP, Chief Strategy Officer C/O WILLDAN, 12401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Cynthia Downes director C/O WILLDAN GROUP, INC., 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Stacy B. Mclaughlin officer: Chief Financial Officer 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806