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Cornerstone Building Brands (Cornerstone Building Brands) Gross Margin % : 21.31% (As of Mar. 2022)


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What is Cornerstone Building Brands Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cornerstone Building Brands's Gross Profit for the three months ended in Mar. 2022 was $334 Mil. Cornerstone Building Brands's Revenue for the three months ended in Mar. 2022 was $1,567 Mil. Therefore, Cornerstone Building Brands's Gross Margin % for the quarter that ended in Mar. 2022 was 21.31%.


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


CNR's Gross Margin % is not ranked *
in the Construction industry.
Industry Median: 19.095
* Ranked among companies with meaningful Gross Margin % only.

Cornerstone Building Brands had a gross margin of 21.31% for the quarter that ended in Mar. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cornerstone Building Brands was 0.00% per year.


Cornerstone Building Brands Gross Margin % Historical Data

The historical data trend for Cornerstone Building Brands'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.

Cornerstone Building Brands Gross Margin % Chart

Cornerstone Building Brands Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.50 23.13 22.26 22.75 21.48

Cornerstone Building Brands Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 20.50 22.26 21.43 21.62 21.31

Competitive Comparison of Cornerstone Building Brands's Gross Margin %

For the Building Products & Equipment subindustry, Cornerstone Building Brands'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.


Cornerstone Building Brands's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cornerstone Building Brands's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cornerstone Building Brands's Gross Margin % falls into.



Cornerstone Building Brands Gross Margin % Calculation

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

Cornerstone Building Brands's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=1199.1 / 5583.137
=(Revenue - Cost of Goods Sold) / Revenue
=(5583.137 - 4384.062) / 5583.137
=21.48 %

Cornerstone Building Brands's Gross Margin for the quarter that ended in Mar. 2022 is calculated as


Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=333.9 / 1566.838
=(Revenue - Cost of Goods Sold) / Revenue
=(1566.838 - 1232.931) / 1566.838
=21.31 %

* 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.


Cornerstone Building Brands  (NYSE:CNR) 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

Cornerstone Building Brands had a gross margin of 21.31% for the quarter that ended in Mar. 2022 => Competition eroding margins


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.


Cornerstone Building Brands Gross Margin % Related Terms

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


Cornerstone Building Brands (Cornerstone Building Brands) Business Description

Traded in Other Exchanges
N/A
Address
5020 Weston Parkway, Suite 400, Cary, NC, USA, 27513
Cornerstone Building Brands Inc constructs and sells building materials for the commercial, residential, and repair industries in North America. The company operates in three segments: commercial, which provides metal products and coil coating services for commercial construction; siding, which offers vinyl and steel siding, aluminum coil and gutters, roofing accessories, moldings, window and door trim, rain removal systems, vents, fences, and railings; and windows, which includes vinyl, aluminum, and wooden windows as well as steel, wood, and fiberglass doors. All three segments contribute sizably to total revenue.
Executives
Rose Lee director, officer: PRESIDENT & CEO C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Judith A Reinsdorf director C. R. BARD, INC., 730 CENTRAL AVENUE, MURRAY HILL NJ 07974
Alena Brenner officer: EVP, GC and Corp. Sec. 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Jeffrey S. Lee officer: EVP, CFO 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Katy Theroux officer: Executive VP, Chief HR Officer 10943 N. SAM HOUSTON PARKWAY W. HOUSTON TX 77056
Daniel C. Janki director 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Timothy J. Obrien director C/O NCI BUILDING SYSTEMS, INC. 10943 NORTH SAM HOUSTON PARKWAY WEST HOUSTON TX 77064
George L. Ball director 10943 N. SAM HOUSTON PARKWAY W., HOUSTON TX 77064
William E Jackson director ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957
Kathleen J Affeldt director
John J Holland director 26602 W. GREENTREE, OLATHE KS 66061
James Keppler officer: EVP, OPERATIONS 5020 WESTON PARKWAY SUITE 400 CARY NC 27513
James Wilbert W Jr director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Wayne Irmiter officer: SVP, CAO 5020 WESTON PARKWAY CAY NC 27513
John L Buckley officer: President, Siding Division 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513

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