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EXP (Eagle Materials) Gross Profit : $691 Mil (TTM As of Sep. 2024)


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What is Eagle Materials Gross Profit?

Eagle Materials's gross profit for the three months ended in Sep. 2024 was $204 Mil. Eagle Materials's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $691 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Eagle Materials's gross profit for the three months ended in Sep. 2024 was $204 Mil. Eagle Materials's Revenue for the three months ended in Sep. 2024 was $624 Mil. Therefore, Eagle Materials's Gross Margin % for the quarter that ended in Sep. 2024 was 32.69%.

Eagle Materials had a gross margin of 32.69% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Eagle Materials was 30.47%. The lowest was 20.26%. And the median was 25.47%.


Eagle Materials Gross Profit Historical Data

The historical data trend for Eagle Materials'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.

Eagle Materials Gross Profit Chart

Eagle Materials Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 342.67 408.36 519.61 639.27 685.32

Eagle Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 209.02 180.63 119.68 186.87 203.84

Competitive Comparison of Eagle Materials's Gross Profit

For the Building Materials subindustry, Eagle Materials'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.


Eagle Materials's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eagle Materials's Gross Profit distribution charts can be found below:

* The bar in red indicates where Eagle Materials's Gross Profit falls into.



Eagle Materials Gross Profit Calculation

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

Eagle Materials's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=2259.297 - 1573.976
=685

Eagle Materials's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=623.619 - 419.775
=204

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $691 Mil.

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

Eagle Materials'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=204 / 623.619
=32.69 %

* 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.


Eagle Materials  (NYSE:EXP) 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

Eagle Materials had a gross margin of 32.69% for the quarter that ended in Sep. 2024 => Competition eroding margins


Eagle Materials Gross Profit Related Terms

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


Eagle Materials Business Description

Traded in Other Exchanges
Address
5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225
Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include cement and gypsum wallboard, and are sold to the construction and building industries. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.
Executives
Eric Cribbs officer: Executive Vice President 5960 BERKSHIRE LN, SUITE 800, DALLAS TX 75225
Dale Craig Kesler officer: EVP and CFO 3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219
Michael Haack director, officer: President & CEO 3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219
Richard Ross Stewart director 2707 N LOOP WEST 9TH FL, HOUSTON TX 77008
Tony Thompson officer: Senior Vice President 5960 BERKSHIRE LN, SUITE 800, DALLAS TX 75225
William R Devlin officer: Vice President & Controller C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219
George John Damiris director 100 CRESCENT COURT, SUITE 1600, DALLAS TX 75201
Matt Newby officer: EVP & General Counsel 5960 BERKSHIRE LN, SUITE 900, DALLAS TX 75225
David B Powers officer: Executive Vice President C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75201
Robert S Stewart officer: EVP-Strategy & Corp. Develop. C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219
Steven L Wentzel officer: President (American Gypsum) 5960 BERKSHIRE LN #800, DALLAS TX 75225
Bowman Ed H Jr director C/O F.Y.I. INC, 3232 MCKINNEY AVE STE 900, DALLAS TX 75204
James H Graass officer: EVP & General Counsel C/O EAGLE MATERIALS INC., 3811 TURTLE CREEK BLVD SUITE 1100, DALLAS TX 75219
Martin M Ellen director 5960 BERKSHIRE LN, SUITE 900, DALLAS TX 75225
Mauro Gregorio director 2211 H.H. DOW WAY, MIDLAND MI 48674