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SWBI (Smith & Wesson Brands) Gross Profit : $154.7 Mil (TTM As of Oct. 2024)


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What is Smith & Wesson Brands Gross Profit?

Smith & Wesson Brands's gross profit for the three months ended in Oct. 2024 was $34.5 Mil. Smith & Wesson Brands's gross profit for the trailing twelve months (TTM) ended in Oct. 2024 was $154.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Smith & Wesson Brands's gross profit for the three months ended in Oct. 2024 was $34.5 Mil. Smith & Wesson Brands's Revenue for the three months ended in Oct. 2024 was $129.7 Mil. Therefore, Smith & Wesson Brands's Gross Margin % for the quarter that ended in Oct. 2024 was 26.64%.

Smith & Wesson Brands had a gross margin of 26.64% for the quarter that ended in Oct. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Smith & Wesson Brands was 43.35%. The lowest was 29.50%. And the median was 33.79%.


Smith & Wesson Brands Gross Profit Historical Data

The historical data trend for Smith & Wesson Brands'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.

Smith & Wesson Brands Gross Profit Chart

Smith & Wesson Brands Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.69 448.98 374.56 154.54 158.09

Smith & Wesson Brands Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 31.77 39.42 56.50 24.19 34.55

Competitive Comparison of Smith & Wesson Brands's Gross Profit

For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.


Smith & Wesson Brands's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Smith & Wesson Brands's Gross Profit distribution charts can be found below:

* The bar in red indicates where Smith & Wesson Brands's Gross Profit falls into.



Smith & Wesson Brands Gross Profit Calculation

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

Smith & Wesson Brands's Gross Profit for the fiscal year that ended in Apr. 2024 is calculated as

Gross Profit (A: Apr. 2024 )=Revenue - Cost of Goods Sold
=535.833 - 377.74
=158.1

Smith & Wesson Brands's Gross Profit for the quarter that ended in Oct. 2024 is calculated as

Gross Profit (Q: Oct. 2024 )=Revenue - Cost of Goods Sold
=129.679 - 95.133
=34.5

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $154.7 Mil.

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

Smith & Wesson Brands's Gross Margin % for the quarter that ended in Oct. 2024 is calculated as

Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=34.5 / 129.679
=26.64 %

* 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.


Smith & Wesson Brands  (NAS:SWBI) 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

Smith & Wesson Brands had a gross margin of 26.64% for the quarter that ended in Oct. 2024 => Competition eroding margins


Smith & Wesson Brands Gross Profit Related Terms

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Smith & Wesson Brands Business Description

Traded in Other Exchanges
Address
2100 Roosevelt Avenue, Springfield, MA, USA, 01104
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.
Executives
Robert L Scott director 14500 N. NORTHSIGHT, SUITE 116, SCOTTSDALE AZ 85260
Deana L Mcpherson officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Michelle Lohmeier director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Mark Peter Smith officer: See remarks. 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Kevin Alden Maxwell officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Barry M Monheit director
Robert J. Cicero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Denis Suggs director 7701 FORSYTH BOULEVARD, SUITE 800, ST. LOUIS MO 63105
Michael F Golden officer: President and CEO 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Anita D Britt director 3000 NW 107TH AVENUE, MIAMI FL 33172
Susan Jean Cupero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Lane A. Tobiassen officer: President, Firearm Division 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Mitchell A Saltz director 14500 NORTH NORTHSIGHT BLVD SUITE 116, SCOTTSDALE AZ 85260

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