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TGAFF (Taiga Building Products) Gross Profit : $126 Mil (TTM As of Dec. 2024)


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What is Taiga Building Products Gross Profit?

Taiga Building Products's gross profit for the three months ended in Dec. 2024 was $29 Mil. Taiga Building Products's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $126 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Taiga Building Products's gross profit for the three months ended in Dec. 2024 was $29 Mil. Taiga Building Products's Revenue for the three months ended in Dec. 2024 was $273 Mil. Therefore, Taiga Building Products's Gross Margin % for the quarter that ended in Dec. 2024 was 10.61%.

Taiga Building Products had a gross margin of 10.61% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Taiga Building Products was 14.17%. The lowest was 8.41%. And the median was 10.28%.


Taiga Building Products Gross Profit Historical Data

The historical data trend for Taiga Building Products'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.

Taiga Building Products Gross Profit Chart

Taiga Building Products Annual Data
Trend Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 175.79 234.53 214.32 147.88 121.63

Taiga Building Products Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 31.64 31.03 32.45 33.62 28.97

Competitive Comparison of Taiga Building Products's Gross Profit

For the Industrial Distribution subindustry, Taiga Building Products'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.


Taiga Building Products's Gross Profit Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Taiga Building Products's Gross Profit distribution charts can be found below:

* The bar in red indicates where Taiga Building Products's Gross Profit falls into.


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Taiga Building Products Gross Profit Calculation

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

Taiga Building Products's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1147.176 - 1025.545
=122

Taiga Building Products's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=273.069 - 244.096
=29

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $126 Mil.

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

Taiga Building Products's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=29 / 273.069
=10.61 %

* 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.


Taiga Building Products  (OTCPK:TGAFF) 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

Taiga Building Products had a gross margin of 10.61% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Taiga Building Products Gross Profit Related Terms

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Taiga Building Products Business Description

Traded in Other Exchanges
Address
4710 Kingsway, Suite 800, Burnaby, BC, CAN, V5H 4M2
Taiga Building Products Ltd is a Canadian-based company. It is engaged in the production and wholesale distribution of building products. The product range of the company includes composite decking, engineered wood, lumber, mouldings, panels, polyethylene, treated wood, roofing, flooring, and others. The company earns the majority of its revenue from Canada, followed by the United States.

Taiga Building Products Headlines