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ORGN (Origin Materials) Gross Profit : $3.99 Mil (TTM As of Sep. 2024)


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What is Origin Materials Gross Profit?

Origin Materials's gross profit for the three months ended in Sep. 2024 was $0.06 Mil. Origin Materials's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $3.99 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Origin Materials's gross profit for the three months ended in Sep. 2024 was $0.06 Mil. Origin Materials's Revenue for the three months ended in Sep. 2024 was $8.20 Mil. Therefore, Origin Materials's Gross Margin % for the quarter that ended in Sep. 2024 was 0.74%.

Origin Materials had a gross margin of 0.74% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of Origin Materials was 18.10%. The lowest was 11.37%. And the median was 18.10%.


Origin Materials Gross Profit Historical Data

The historical data trend for Origin 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.

Origin Materials Gross Profit Chart

Origin Materials Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
- - - 5.21

Origin Materials Quarterly Data
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 0.80 3.59 0.14 0.21 0.06

Competitive Comparison of Origin Materials's Gross Profit

For the Chemicals subindustry, Origin 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.


Origin Materials's Gross Profit Distribution in the Chemicals Industry

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

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



Origin Materials Gross Profit Calculation

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

Origin Materials's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=28.805 - 23.591
=5.21

Origin 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
=8.202 - 8.141
=0.06

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 $3.99 Mil.

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

Origin 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
=0.06 / 8.202
=0.74 %

* 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.


Origin Materials  (NAS:ORGN) 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

Origin Materials had a gross margin of 0.74% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Origin Materials Gross Profit Related Terms

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Origin Materials Business Description

Traded in Other Exchanges
Address
930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605
Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process. Its products include, PET circular caps and closures, Para-xylene, carbon black, Levulinic acid among others.
Executives
Richard J. Riley director, officer: Co-CEO and Director C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
John Bissell director, officer: President, Co-CEO and Director C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Joshua C. Lee officer: General Counsel C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Matthew T Plavan officer: Chief Financial Officer C/O THERMOGENESIS CORP., 2711 CITRUS ROAD, RANCHO CORDOVA CA 95742
Heidenmark Cook Pia Johanna director PRASTAV 672, VIKEN V7 263 61
R Tony Tripeny director ONE RIVERFRONT PLAZA, CORNING NY 14831
Pamela Haley officer: Interim CFO 202 COUSTEAU PLACE, DAVIS CA 95618
Karen A Richardson director
James C. Stephanou director 930 RIVERSIDE PKWY SUITE 10, WEST SACRAMENTO CA 95605
Craig A Rogerson director 1313 N MARKET ST, WILMINGTON DE 19894
Boon Sim director, 10 percent owner C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Nathan S. Whaley officer: Chief Financial Officer C/O ORIGIN MATERIALS, INC., 930 RIVERSIDE PKWY #10, WEST SACRAMENTO CA 95605
Stephen Galowitz officer: Chief Commercial Officer C/O ORIGIN MATERIALS, INC., 3 COLUMBUS CIRCLE, SUITE 2215, NEW YORK NY 10019
Charles Drucker director, 10 percent owner, officer: Executive Chairman 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Benno O Dorer director 1221 BROADWAY, OAKLAND CA 94612