Orion's gross profit for the
three
months ended in Sep. 2024 was $108 Mil. Orion's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $427 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Orion's gross profit for the
three
months ended in Sep. 2024 was $108 Mil. Orion's Revenue for the
three
months ended in Sep. 2024 was $463 Mil. Therefore, Orion's Gross Margin % for the quarter that ended in Sep. 2024 was 23.20%.
Orion had a gross margin of 23.20% for the quarter that ended in Sep. 2024 => Competition eroding margins
During the past 12 years, the highestGross Margin % of Orion was 32.87%. The lowest was 22.10%. And the median was 26.06%.
Warning Sign:
Orion SA gross margin has been in long-term decline. The average rate of decline per year is -3.5%.
Orion Gross Profit Historical Data
The historical data trend for Orion'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.
For the Specialty Chemicals subindustry, Orion'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.
Orion's Gross Profit Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Orion's Gross Profit distribution charts can be found below:
* The bar in red indicates where Orion's Gross Profit falls into.
Orion Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Orion's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
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 $427 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Orion's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as
* 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.
Orion (NYSE:OEC) 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
Orion had a gross margin of 23.20% for the quarter that ended in Sep. 2024 => Competition eroding margins
Orion Gross Profit Related Terms
Thank you for viewing the detailed overview of Orion's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Orion SA is a manufacturer of carbon black products. Carbon black is a powdered form of carbon used to create the desired physical, electrical and optical qualities of various materials. The company's operating segments are Specialty Carbon Black and Rubber Carbon Black. It generates maximum revenue from the Rubber Carbon Black segment. Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. The Specialty Carbon Black segment is used as pigments and performance additives in coatings, polymers, printing, and special applications. Geographically, it derives a majority of its revenue from Germany.
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