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Butler National (Butler National) Gross Margin % : 47.57% (As of Jan. 2024)


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What is Butler National Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Butler National's Gross Profit for the three months ended in Jan. 2024 was $9.02 Mil. Butler National's Revenue for the three months ended in Jan. 2024 was $18.96 Mil. Therefore, Butler National's Gross Margin % for the quarter that ended in Jan. 2024 was 47.57%.


The historical rank and industry rank for Butler National's Gross Margin % or its related term are showing as below:

BUKS' s Gross Margin % Range Over the Past 10 Years
Min: 22.68   Med: 27.45   Max: 49.11
Current: 42.49


During the past 13 years, the highest Gross Margin % of Butler National was 49.11%. The lowest was 22.68%. And the median was 27.45%.

BUKS's Gross Margin % is ranked better than
75.68% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.235 vs BUKS: 42.49

Butler National had a gross margin of 47.57% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Butler National was 12.90% per year.


Butler National Gross Margin % Historical Data

The historical data trend for Butler National's Gross Margin % 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.

Butler National Gross Margin % Chart

Butler National Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.41 31.42 29.05 49.11 45.06

Butler National Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % 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 46.35 42.55 34.41 44.61 47.57

Competitive Comparison of Butler National's Gross Margin %

For the Aerospace & Defense subindustry, Butler National's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Butler National's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Butler National's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Butler National's Gross Margin % falls into.



Butler National Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Butler National's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )=Gross Profit (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=33.9 / 75.182
=(Revenue - Cost of Goods Sold) / Revenue
=(75.182 - 41.303) / 75.182
=45.06 %

Butler National's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=9 / 18.96
=(Revenue - Cost of Goods Sold) / Revenue
=(18.96 - 9.941) / 18.96
=47.57 %

* 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.


Butler National  (OTCPK:BUKS) Gross Margin % 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

Butler National had a gross margin of 47.57% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Butler National Gross Margin % Related Terms

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


Butler National (Butler National) Business Description

Traded in Other Exchanges
N/A
Address
19920 West 161st Street, Olathe, KS, USA, 66062
Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company's operating segment includes Professional Services and Aerospace Products. It generates maximum revenue from the Aerospace Products segment. The Professional Services segment provides professional management services in the gaming industry, and professional architectural, and engineering services. It has a business presence in North America, Europe, Asia, Australia and other geographical regions.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Joe Aric Peters director 15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar director 2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden director 15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon officer: Chief Financial Officer 19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart officer: Vice President and CFO 15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar officer: CFO 11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman director 8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli director 11028 N. LAUREL AVE, KANSAS CITY MO 64157
Christopher J Reedy officer: Vice President 7411 RICHARDS DRIVE, SHAWNEE KS 66216
Clark D Stewart director, officer: President - CEO 15733 SHANNAN LANE, OLATHE KS 66062