Eastman Kodak Co (Eastman Kodak Co) Gross Margin % : 17.09% (As of Dec. 2023)

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What is Eastman Kodak Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Eastman Kodak Co's Gross Profit for the three months ended in Dec. 2023 was $47 Mil. Eastman Kodak Co's Revenue for the three months ended in Dec. 2023 was $275 Mil. Therefore, Eastman Kodak Co's Gross Margin % for the quarter that ended in Dec. 2023 was 17.09%.

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

KODK' s Gross Margin % Range Over the Past 10 Years
Min: 13.12 Med: 14.94 Max: 24.53
Current: 18.8

During the past 13 years, the highest Gross Margin % of Eastman Kodak Co was 24.53%. The lowest was 13.12%. And the median was 14.94%.

KODK's Gross Margin % is ranked worse than
78.65% of 993 companies
in the Business Services industry
Industry Median: 34.65 vs KODK: 18.80

Eastman Kodak Co had a gross margin of 17.09% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Eastman Kodak Co was 4.60% per year.

Eastman Kodak Co Gross Margin % Historical Data

The historical data trend for Eastman Kodak Co'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.

Eastman Kodak Co Gross Margin % Chart

Eastman Kodak Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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14.65

13.12

14.26

14.11

18.80

Eastman Kodak Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															14.10	17.99	21.36	18.59	17.09

Competitive Comparison of Eastman Kodak Co's Gross Margin %

For the Specialty Business Services subindustry, Eastman Kodak Co'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.

Eastman Kodak Co's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eastman Kodak Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Eastman Kodak Co's Gross Margin % falls into.

Eastman Kodak Co Gross Margin % Calculation

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

Eastman Kodak Co'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 )
	=	210	/	1117
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1117 - 907)	/	1117
	=	18.80 %

Eastman Kodak Co'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 )
	=	47	/	275
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(275 - 228)	/	275
	=	17.09 %

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.

Eastman Kodak Co (NYSE:KODK) 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

Eastman Kodak Co had a gross margin of 17.09% for the quarter that ended in Dec. 2023 => No sustainable 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.

Eastman Kodak Co Gross Margin % Related Terms

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Eastman Kodak Co (Eastman Kodak Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Eastman Kodak Co (NYSE:KODK) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

KODN:Germany

Address

343 State Street, Rochester, NY, USA, 14650

Website

https://www.kodak.com

Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.

Executives

Philippe D Katz	director	160 BROADWAY, NEW YORK NY 10038
David Bovenzi	director	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Michael Sileck	director	C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Randy Vandagriff	officer: Vice President	EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Kennedy Lewis Investment Management Llc	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Lp	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Iii Lp	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kennedy Lewis Gp Iii Llc	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kathleen B. Lynch	director	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Richard T Michaels	officer: CAO and Corp. Controller	C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Darren Richman	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
David Chene	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Management Lp	director	225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
Klm Gp Llc	director	80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Investment Holdings Llc	director	111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120