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Team (TISI) Gross Profit : $223.2 Mil (TTM As of Dec. 2024)


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What is Team Gross Profit?

Team's gross profit for the three months ended in Dec. 2024 was $57.3 Mil. Team's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $223.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Team's gross profit for the three months ended in Dec. 2024 was $57.3 Mil. Team's Revenue for the three months ended in Dec. 2024 was $213.3 Mil. Therefore, Team's Gross Margin % for the quarter that ended in Dec. 2024 was 26.88%.

Team had a gross margin of 26.88% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Team was 30.64%. The lowest was 22.37%. And the median was 26.26%.

Warning Sign:

Team Inc gross margin has been in long-term decline. The average rate of decline per year is -2%.


Team Gross Profit Historical Data

The historical data trend for Team'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.

Team Gross Profit Chart

Team Annual Data
Trend May15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.71 177.70 201.61 211.15 223.15

Team 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 50.45 48.73 63.55 53.52 57.34

Competitive Comparison of Team's Gross Profit

For the Specialty Business Services subindustry, Team'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.


Team's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Team's Gross Profit distribution charts can be found below:

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


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Team Gross Profit Calculation

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

Team'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
=852.272 - 629.122
=223.2

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=213.296 - 155.955
=57.3

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 $223.2 Mil.

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

Team'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
=57.3 / 213.296
=26.88 %

* 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.


Team  (NYSE:TISI) 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

Team had a gross margin of 26.88% for the quarter that ended in Dec. 2024 => Competition eroding margins


Team Gross Profit Related Terms

Thank you for viewing the detailed overview of Team's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Team Business Description

Traded in Other Exchanges
Address
13131 Dairy Ashford, Suite 600, Sugar Land, TX, USA, 77478
Team Inc provides specialty industrial services, including inspection, engineering assessment, and mechanical repair and remediation required in maintaining high-temperature and high-pressure piping systems and vessels utilized in refining, petrochemicals, and others. The company operates in two segments, Inspection and Heat Treating and Mechanical Services. The Inspection and Heat Treating segment, which generates maximum revenue, provides conventional and non-destructive testing services for the process, pipeline, and power sectors, pipeline integrity management services, and field heat treating services, as well as associated engineering and condition assessment services. Geographically, the company derives its key revenue from the United States, followed by other countries, and Canada.
Executives
Anthony R Horton director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Corre Horizon Fund, Lp 10 percent owner CONYERS TRUST COMPANY (CAYMAN) LTD, CRICKET SQUARE, HUTCHINS DR, BOX 2681, GRAND CAYMAN E9 KY1-1111
Corre Opportunities Qualified Master Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Edward J. Stenger director C/O MOTORS LIQUIDATION COMPANY, 300 RENAISSANCE DRIVE, DETROIT MI 48625
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
J Michael Anderson director
Nelson M Haight officer: Chief Financial Officer 110 B JACKSON BLVD, HOUSTON TX 77006
Jeffery Gerald Davis director PO BOX 336, BURTON TX 77835
Corre Horizon Ii Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Corre Partners Management, Llc 10 percent owner 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
Matthew E Acosta officer: VP & Chief Accounting Officer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Candice Koederitz director 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Young Robert James Iii officer: President, AID 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
James Chadwick Murray officer: President, MOS 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478

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