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Spin Master (Spin Master) Gross Profit : $1,036 Mil (TTM As of Mar. 2024)


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What is Spin Master Gross Profit?

Spin Master's gross profit for the three months ended in Mar. 2024 was $157 Mil. Spin Master's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,036 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Spin Master's gross profit for the three months ended in Mar. 2024 was $157 Mil. Spin Master's Revenue for the three months ended in Mar. 2024 was $316 Mil. Therefore, Spin Master's Gross Margin % for the quarter that ended in Mar. 2024 was 49.49%.

Spin Master had a gross margin of 49.49% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Spin Master was 54.64%. The lowest was 46.35%. And the median was 51.65%.


Spin Master Gross Profit Historical Data

The historical data trend for Spin Master'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.

Spin Master Gross Profit Chart

Spin Master Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 785.00 727.90 1,056.60 1,103.80 1,038.40

Spin Master Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 158.50 231.00 386.90 262.00 156.50

Competitive Comparison of Spin Master's Gross Profit

For the Leisure subindustry, Spin Master'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.


Spin Master's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Spin Master's Gross Profit distribution charts can be found below:

* The bar in red indicates where Spin Master's Gross Profit falls into.



Spin Master Gross Profit Calculation

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

Spin Master'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
=1904.9 - 866.5
=1,038

Spin Master's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=316.2 - 159.7
=157

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,036 Mil.

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

Spin Master's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=157 / 316.2
=49.49 %

* 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.


Spin Master  (OTCPK:SNMSF) 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

Spin Master had a gross margin of 49.49% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Spin Master Gross Profit Related Terms

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Spin Master (Spin Master) Business Description

Traded in Other Exchanges
Address
225 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
Spin Master is a children's entertainment company operating in the just over $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, wheels & action, preschool and dolls & interactive, and activities, games and puzzles and plush). Spin Master has increased brand awareness via homegrown brands including Paw Patrol, Rusty Rivets, and Bakugan but has leaned on a robust acquisition strategy to reach adjacent markets through tie-ups like Rubik's, Swimways, and Melissa & Doug (which is set to come on board in 2024). The company has global reach, with more than 30 offices in nearly 20 countries and sales in over 100 markets.