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Progressive Waste Solutions (Progressive Waste Solutions) Gross Profit : $700 Mil (TTM As of Mar. 2016)


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What is Progressive Waste Solutions Gross Profit?

Progressive Waste Solutions's gross profit for the three months ended in Mar. 2016 was $169 Mil. Progressive Waste Solutions's gross profit for the trailing twelve months (TTM) ended in Mar. 2016 was $700 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Progressive Waste Solutions's gross profit for the three months ended in Mar. 2016 was $169 Mil. Progressive Waste Solutions's Revenue for the three months ended in Mar. 2016 was $471 Mil. Therefore, Progressive Waste Solutions's Gross Margin % for the quarter that ended in Mar. 2016 was 35.83%.

Progressive Waste Solutions had a gross margin of 35.83% for the quarter that ended in Mar. 2016 => Competition eroding margins


Progressive Waste Solutions Gross Profit Historical Data

The historical data trend for Progressive Waste Solutions'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.

Progressive Waste Solutions Gross Profit Chart

Progressive Waste Solutions Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 746.03 741.98 776.79 762.82 694.22

Progressive Waste Solutions Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 162.71 173.08 180.31 178.13 168.90

Competitive Comparison of Progressive Waste Solutions's Gross Profit

For the Waste Management subindustry, Progressive Waste Solutions'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.


Progressive Waste Solutions's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Progressive Waste Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Progressive Waste Solutions's Gross Profit falls into.



Progressive Waste Solutions Gross Profit Calculation

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

Progressive Waste Solutions's Gross Profit for the fiscal year that ended in Dec. 2015 is calculated as

Gross Profit (A: Dec. 2015 )=Revenue - Cost of Goods Sold
=1925.592 - 1231.377
=694

Progressive Waste Solutions's Gross Profit for the quarter that ended in Mar. 2016 is calculated as

Gross Profit (Q: Mar. 2016 )=Revenue - Cost of Goods Sold
=471.438 - 302.543
=169

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $700 Mil.

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

Progressive Waste Solutions's Gross Margin % for the quarter that ended in Mar. 2016 is calculated as

Gross Margin % (Q: Mar. 2016 )=Gross Profit (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=169 / 471.438
=35.83 %

* 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.


Progressive Waste Solutions  (NYSE:BIN) 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

Progressive Waste Solutions had a gross margin of 35.83% for the quarter that ended in Mar. 2016 => Competition eroding margins


Progressive Waste Solutions Gross Profit Related Terms

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Progressive Waste Solutions (Progressive Waste Solutions) Business Description

Traded in Other Exchanges
N/A
Address
Progressive Waste Solutions Ltd was incorporated on May 20, 2009 under the provisions of the Business Corporations Act (Ontario). The Company provides vertically integrated non-hazardous solid waste services to commercial, industrial, municipal and residential customers in Canada and the U.S. The Company carries on business through three geographic segments: Canada, the U.S. South and the U.S. Northeast. The business segments are vertically integrated and their operations include the collection and disposal of waste and recyclable materials, transfer station operations, material recovery facilities, landfills and landfill gas to energy facilities.
Executives
James Little officer: Executive VP Engineering 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Edward E Guillet director C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
Elise Lipman Jordan director 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Ronald J Mittelstaedt director, officer: Executive Chairman 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Jason Craft officer: Sr Vice President-Operations 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Worthing Jackman director, officer: President and CEO 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Michael W Harlan director C/O WASTE CONNECTIONS, INC., 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
Patrick James Shea officer: Exec VP, General Counsel & Sec 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
David M Hall officer: Sr. Vice President - Sales 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Mary Anne Whitney officer: Sr Vice President & CFO 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Matthew Stephen Black officer: Sr. Vice President - Tax 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
David Eddie officer: Sr. VP & Chief Accting Officer 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Eric Hansen officer: Senior Vice President and CIO 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Darrell W Chambliss officer: EVP & COO 3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
William J Razzouk director C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3

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