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Regal Rexnord's gross profit for the three months ended in Sep. 2024 was $556 Mil. Regal Rexnord's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $2,244 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Regal Rexnord's gross profit for the three months ended in Sep. 2024 was $556 Mil. Regal Rexnord's Revenue for the three months ended in Sep. 2024 was $1,477 Mil. Therefore, Regal Rexnord's Gross Margin % for the quarter that ended in Sep. 2024 was 37.65%.
Regal Rexnord had a gross margin of 37.65% for the quarter that ended in Sep. 2024 => Competition eroding margins
During the past 13 years, the highest Gross Margin % of Regal Rexnord was 36.30%. The lowest was 24.48%. And the median was 26.71%.
The historical data trend for Regal Rexnord'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.
Regal Rexnord Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Profit | Get a 7-Day Free Trial | 860.70 | 806.60 | 1,111.60 | 1,669.70 | 2,067.30 |
Regal Rexnord 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 | 542.20 | 563.20 | 553.10 | 571.00 | 556.30 |
For the Specialty Industrial Machinery subindustry, Regal Rexnord'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.
For the Industrial Products industry and Industrials sector, Regal Rexnord's Gross Profit distribution charts can be found below:
* The bar in red indicates where Regal Rexnord's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Regal Rexnord'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 |
= | 6250.7 | - | 4183.4 | |
= | 2,067 |
Regal Rexnord's Gross Profit for the quarter that ended in Sep. 2024 is calculated as
Gross Profit (Q: Sep. 2024 ) | = | Revenue | - | Cost of Goods Sold |
= | 1477.4 | - | 921.1 | |
= | 556 |
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 $2,244 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Regal Rexnord'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 | |
= | 556 | / | 1477.4 | |
= | 37.65 % |
* 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.
Regal Rexnord (NYSE:RRX) 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
Regal Rexnord had a gross margin of 37.65% for the quarter that ended in Sep. 2024 => Competition eroding margins
Thank you for viewing the detailed overview of Regal Rexnord's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Louis V. Pinkham | officer: Chief Executive Officer | 100 FIRST STAMFORD PLACE, STAMFORD CT 06902 |
Thomas E Valentyn | officer: VP General Counsel & Secretary | 200 STATE STREET, BELOIT WI 53511 |
Jerrald R Morton | officer: Segment President* | 200 STATE STREET, BELOIT WI 53511 |
Theodore D Crandall | director | C/O ROCKWELL AUTOMATION INC, 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204 |
Timothy A. Dickson | officer: SVP & Chief Digi & Info Ofc* | 111 WEST MICHIGAN STREET, MILWAUKEE WI 53203 |
John Avampato | officer: VP & Chief Information Officer | 200 STATE STREET, BELOIT WI 53511 |
Brooke Lang | officer: EVP and President, PES* | 2090 BLAIRMONT DR, PITTSBURGH PA 15241 |
Michael P Doss | director | 814 LIVINGSTON COURT, MARIETTA GA 30067 |
Alexander P Scarpelli | officer: VP, Corp. Controller and CAO* | 200 STATE STREET, BELOIT WI 53511 |
John C Kunze | officer: Segment President* | 200 STATE STREET, BELOIT WI 53511 |
Curtis W Stoelting | director | C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523 |
Christopher L Doerr | director | |
Kevin J Zaba | officer: President, Motion Control Sol. | C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201 |
Robin A Walker-lee | director | C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150 |
Daniel J Klun | officer: VP, Corporate Controller | 200 STATE STREET, BELOIT WI 53511 |
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