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RDW (Redwire) Gross Margin % : 17.52% (As of Sep. 2024)


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What is Redwire Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Redwire's Gross Profit for the three months ended in Sep. 2024 was $12.0 Mil. Redwire's Revenue for the three months ended in Sep. 2024 was $68.6 Mil. Therefore, Redwire's Gross Margin % for the quarter that ended in Sep. 2024 was 17.52%.


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

RDW' s Gross Margin % Range Over the Past 10 Years
Min: 16.97   Med: 21.35   Max: 23.78
Current: 16.97


During the past 4 years, the highest Gross Margin % of Redwire was 23.78%. The lowest was 16.97%. And the median was 21.35%.

RDW's Gross Margin % is ranked worse than
69.67% of 300 companies
in the Aerospace & Defense industry
Industry Median: 26.03 vs RDW: 16.97

Redwire had a gross margin of 17.52% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

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


Redwire Gross Margin % Historical Data

The historical data trend for Redwire'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.

Redwire Gross Margin % Chart

Redwire Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
- 21.35 17.87 23.78

Redwire Quarterly Data
Sep20 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 27.34 16.90 16.89 16.62 17.52

Competitive Comparison of Redwire's Gross Margin %

For the Aerospace & Defense subindustry, Redwire'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.


Redwire's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Redwire's Gross Margin % distribution charts can be found below:

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



Redwire Gross Margin % Calculation

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

Redwire'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 )
=58 / 243.8
=(Revenue - Cost of Goods Sold) / Revenue
=(243.8 - 185.831) / 243.8
=23.78 %

Redwire'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 )
=12 / 68.638
=(Revenue - Cost of Goods Sold) / Revenue
=(68.638 - 56.615) / 68.638
=17.52 %

* 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.


Redwire  (NYSE:RDW) 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

Redwire had a gross margin of 17.52% for the quarter that ended in Sep. 2024 => No sustainable 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.


Redwire Gross Margin % Related Terms

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


Redwire Business Description

Traded in Other Exchanges
N/A
Address
8226 Philips Highway, Suite 101, Jacksonville, FL, USA, 32256
Redwire Corp is engaged in mission-critical space solutions and reliable components for the next-generation space economy. It assists its customers in solving the complex challenges of future space missions and industries. The company's space infrastructure offerings include a broad array of modern products and services, which have been enabling space missions. The company's Heritage plus Innovation strategy enables it to combine decades of flight heritage with a culture creating new technologies that are the building blocks of space infrastructure for government and commercial customers.
Executives
Genesis Park Ii Lp director, 10 percent owner 2000 EDWARDS STREET, SUITE B, HOUSTON TX 77007
Ae Industrial Partners Fund Ii Gp, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Chris Edmunds officer: Chief Accounting Officer C/O REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Jonathan Baliff director, officer: President and CFO 211 CARNEGIE CENTER, PRINCETON NJ 08540
M. David Kornblatt director 1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Leslie B Daniels director 540 MADISON, 22ND FLOOR, NEW YORK NY 10022
John S Bolton director GENESIS PARK HOLDINGS, 2000 EDWARDS STREET, SUITE B, HOUSTON TX 77007
Michael J Bevacqua director SANKATY ADVISORS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bcc Redwire Aggregator, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Ae Industrial Partners Structured Solutions I Gp, Lp director, 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Structured Solutions I, Lp director, 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Michael Robert Greene 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Andrew Rush officer: President and COO REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Ae Red Holdings, Llc 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431