THBD (Third Bench) Gross Profit: $1.44 Mil (TTM As of May. 2024)

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What is Third Bench Gross Profit?

Third Bench THBD Gross Profit is $1.44 Mil as of May. 2024.

Third Bench's gross profit for the three months ended in May. 2024 was $1.44 Mil. Third Bench's gross profit for the trailing twelve months (TTM) ended in May. 2024 was $1.44 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Third Bench's gross profit for the three months ended in May. 2024 was $1.44 Mil. Third Bench's Revenue for the three months ended in May. 2024 was $3.33 Mil. Therefore, Third Bench's Gross Margin % for the quarter that ended in May. 2024 was 43.31%.

Third Bench had a gross margin of 43.31% for the quarter that ended in May. 2024 => Durable competitive advantage


Third Bench  (OTCPK:THBD) 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

Third Bench had a gross margin of 43.31% for the quarter that ended in May. 2024 => Durable competitive advantage


Third Bench Gross Profit Related Terms


Third Bench Gross Profit Historical Data

* Premium members only.

The historical data trend for Third Bench'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.

Third Bench Gross Profit Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Gross Profit
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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 0.00 0.00 1.65 -2.68 1.44

THBD vs SGI, SN, MHK: Gross Profit Comparison

For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.


Third Bench Gross Profit vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Third Bench's Gross Profit distribution charts can be found below:

* The bar in red indicates where Third Bench's Gross Profit falls into.



Third Bench Gross Profit Calculation

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

Third Bench's Gross Profit for the fiscal year that ended in Aug. 2015 is calculated as

Gross Profit (A: Aug. 2015 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Third Bench's Gross Profit for the quarter that ended in May. 2024 is calculated as

Gross Profit (Q: May. 2024 )=Revenue - Cost of Goods Sold
=3.334 - 1.89
=1.44

Gross Profit for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.44 Mil.

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

Third Bench's Gross Margin % for the quarter that ended in May. 2024 is calculated as

Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.44 / 3.334
=43.31 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $1.44 Mil mean?
Third Bench (THBD) has a Gross Profit of $1.44 Mil as of May. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Third Bench and its competitors.
Is Third Bench's Gross Profit too high?
Third Bench's current Gross Profit is $1.44 Mil.
How does Third Bench's Gross Profit compare to SGI and SN?
Third Bench's Gross Profit of $1.44 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Furnishings, Fixtures & Appliances company?
A good Gross Profit depends on the Furnishings, Fixtures & Appliances industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Third Bench and its competitors. Third Bench's current Gross Profit is $1.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Gross Profit of $1.44 Mil. The current Gross Profit is $1.44 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Third Bench (THBD), the current Gross Profit is $1.44 Mil as of May. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.