GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hillman Solutions Corp (NAS:HLMN) » Definitions » Gross Margin %

HLMN (Hillman Solutions) Gross Margin % : 48.21% (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Hillman Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hillman Solutions's Gross Profit for the three months ended in Sep. 2024 was $190 Mil. Hillman Solutions's Revenue for the three months ended in Sep. 2024 was $393 Mil. Therefore, Hillman Solutions's Gross Margin % for the quarter that ended in Sep. 2024 was 48.21%.


The historical rank and industry rank for Hillman Solutions's Gross Margin % or its related term are showing as below:

HLMN' s Gross Margin % Range Over the Past 10 Years
Min: 39.72   Med: 42.86   Max: 47.85
Current: 47.85


During the past 5 years, the highest Gross Margin % of Hillman Solutions was 47.85%. The lowest was 39.72%. And the median was 42.86%.

HLMN's Gross Margin % is ranked better than
89.17% of 2935 companies
in the Industrial Products industry
Industry Median: 26.72 vs HLMN: 47.85

Hillman Solutions had a gross margin of 48.21% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hillman Solutions was 0.00% per year.


Hillman Solutions Gross Margin % Historical Data

The historical data trend for Hillman Solutions's Gross Margin % 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.

Hillman Solutions Gross Margin % Chart

Hillman Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
42.86 42.86 39.72 43.04 43.86

Hillman Solutions Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % 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 44.19 46.72 47.64 48.69 48.21

Competitive Comparison of Hillman Solutions's Gross Margin %

For the Tools & Accessories subindustry, Hillman Solutions's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Hillman Solutions's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hillman Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hillman Solutions's Gross Margin % falls into.



Hillman Solutions Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Hillman Solutions's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=647.5 / 1476.477
=(Revenue - Cost of Goods Sold) / Revenue
=(1476.477 - 828.956) / 1476.477
=43.86 %

Hillman Solutions's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=189.6 / 393.296
=(Revenue - Cost of Goods Sold) / Revenue
=(393.296 - 203.7) / 393.296
=48.21 %

* 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.


Hillman Solutions  (NAS:HLMN) Gross Margin % 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

Hillman Solutions had a gross margin of 48.21% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Hillman Solutions Gross Margin % Related Terms

Thank you for viewing the detailed overview of Hillman Solutions's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hillman Solutions Business Description

Traded in Other Exchanges
N/A
Address
1280 Kemper Meadow Drive, Forest Park, OH, USA, 45240
Hillman Solutions Corp is a provider of hardware-related products and related merchandising services to retail markets in North America. The company sells its products to hardware stores, home centers, mass merchants, pet supply stores, and other retail outlets. Its product lines include thousands of small parts such as fasteners and related hardware items; threaded rod and metal shapes; keys and accessories; builder's hardware; personal protective equipment, such as gloves and eye-wear; and identification items, such as tags and letters, numbers, and signs. The segments of the group are Hardware and Protective Solutions, which is the key revenue-generating segment; Robotics and Digital Solutions; and Canada. It has a business presence in the US, Canada and Mexico.
Executives
Scott Ride officer: President, Hillman Canada 10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Aaron Jagdfeld director C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Jon Adinolfi officer: Div President, Hillman US 10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Aaron Jerrod Parker officer: VP - Human Resources 1280 KEMPER MEADOW DR., FOREST PARK OH 45240
Randall J Fagundo officer: See Remarks 4870 STERLING DR, C/O AMERICAN COIN MERCHANDISING INC, BOULDER CO 80301
Gary Seeds officer: EVP, Sales and Field Service 10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
John W Swygert director OLLIE'S BARGAIN OUTLET, INC., 6295 ALLENTOWN BLVD., SUITE 1, HARRISBURG PA 17112
Diane Honda director C/O BARRACUDA NETWORKS, INC., 3175 S. WINCHESTER BLVD., CAMPBELL CA 95008
Ccmp Capital, Lp 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Robert O. Kraft officer: CFO and Treasurer ONE CVS DRIVE, WOONSOCKET RI 02895
Douglas Cahill director, officer: COB, President and CEO 1040 CHANCERY LANE, NASHVILLED TN 37215
Scott Kelley Moore officer: Chief Technology Officer 10590 HAMILTON AVE., CINCINNATI OH 45231
Leary Dan O director 10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Ccmp Capital Gp, Llc 10 percent owner 1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Ccmp Co-invest Iii A, L.p. 10 percent owner C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167