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Curtiss-Wright (Curtiss-Wright) Gross Margin %

: 38.78% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Curtiss-Wright's Gross Profit for the three months ended in Dec. 2023 was $305 Mil. Curtiss-Wright's Revenue for the three months ended in Dec. 2023 was $786 Mil. Therefore, Curtiss-Wright's Gross Margin % for the quarter that ended in Dec. 2023 was 38.78%.


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

CW' s Gross Margin % Range Over the Past 10 Years
Min: 34.62   Med: 35.82   Max: 37.51
Current: 37.51


During the past 13 years, the highest Gross Margin % of Curtiss-Wright was 37.51%. The lowest was 34.62%. And the median was 35.82%.

CW's Gross Margin % is ranked better than
68.58% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.385 vs CW: 37.51

Curtiss-Wright had a gross margin of 38.78% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Curtiss-Wright was 1.00% per year.


Curtiss-Wright Gross Margin % Historical Data

The historical data trend for Curtiss-Wright'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.

Curtiss-Wright Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.12 35.18 37.10 37.33 37.51

Curtiss-Wright Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 38.60 35.10 36.85 38.86 38.78

Competitive Comparison

For the Aerospace & Defense subindustry, Curtiss-Wright'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.


Curtiss-Wright Gross Margin % Distribution

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

* The bar in red indicates where Curtiss-Wright's Gross Margin % falls into.



Curtiss-Wright Gross Margin % Calculation

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

Curtiss-Wright's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1067.2 / 2845.373
=(Revenue - Cost of Goods Sold) / Revenue
=(2845.373 - 1778.195) / 2845.373
=37.51 %

Curtiss-Wright's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=304.7 / 785.791
=(Revenue - Cost of Goods Sold) / Revenue
=(785.791 - 481.062) / 785.791
=38.78 %

* 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.


Curtiss-Wright  (NYSE:CW) 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

Curtiss-Wright had a gross margin of 38.78% for the quarter that ended in Dec. 2023 => 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.


Curtiss-Wright Gross Margin % Related Terms

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


Curtiss-Wright (Curtiss-Wright) Business Description

Traded in Other Exchanges
Address
130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036
Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems and weapons handling systems, pumps, valves, and other solutions. The diversified global company attempts to deliver products on high-performance platforms that require technical sophistication. It has three operating segments based on the markets serviced: Naval & Power which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems also generate the majority of revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics.
Executives
K Christopher Farkas officer: Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
John C Watts officer: Vice President Bus Dev & Strat C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Lynn J Bamford director, officer: President and CEO 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Robert J Freda officer: Vice President and Treasurer C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Paul J Ferdenzi officer: Vice President - HR 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
David Charles Adams officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Gary A Ogilby officer: VP & Corporate Controller C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Larry D Wyche director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
William F Moran director C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Kevin Rayment officer: Vice President and COO C/O CURTISS-WRIGHT CORPORATION, 130 HARBOUR PLACE DRIVE, DAVIDSON NC 28036
Anthony J Moraco director 1710 SAIC DRIVE, MCLEAN VA 22102
Tom P Quinly officer: Vice President C/O CURTISS-WRIGHT CORPORATION, 10 WATERVIEW BOULEVARD, PARSIPPANY NJ 07054
Harry Jakubowitz officer: Treasurer C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
John B Nathman director C/O CURTISS-WRIGHT CORPORATION, 4 BECKER FARM ROAD, ROSELAND NJ 07068
Glenda J Minor director 17000 ROTUNDA DRIVE, DEARBORN MI 48120