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Gross Margin % is calculated as gross profit divided by its revenue. Atlas Air Worldwide Holdings's Gross Profit for the three months ended in Dec. 2022 was $317 Mil. Atlas Air Worldwide Holdings's Revenue for the three months ended in Dec. 2022 was $1,207 Mil. Therefore, Atlas Air Worldwide Holdings's Gross Margin % for the quarter that ended in Dec. 2022 was 26.26%.
The historical rank and industry rank for Atlas Air Worldwide Holdings's Gross Margin % or its related term are showing as below:
Atlas Air Worldwide Holdings had a gross margin of 26.26% for the quarter that ended in Dec. 2022 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Atlas Air Worldwide Holdings was 0.00% per year.
The historical data trend for Atlas Air Worldwide Holdings'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.
Atlas Air Worldwide Holdings Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Gross Margin % | Get a 7-Day Free Trial | 24.54 | 21.60 | 27.33 | 27.76 | 21.92 |
Atlas Air Worldwide Holdings Quarterly Data | ||||||||||||||||||||
Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | |
Gross Margin % | Get a 7-Day Free Trial | 31.56 | 20.87 | 20.28 | 19.96 | 26.26 |
For the Airports & Air Services subindustry, Atlas Air Worldwide Holdings'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.
For the Transportation industry and Industrials sector, Atlas Air Worldwide Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Atlas Air Worldwide Holdings's Gross Margin % falls into.
Gross Margin is the percentage of Gross Profit out of sales or Revenue.
Atlas Air Worldwide Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as
Gross Margin % (A: Dec. 2022 ) | = | Gross Profit (A: Dec. 2022 ) | / | Revenue (A: Dec. 2022 ) |
= | 997.3 | / | 4549.104 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (4549.104 - 3551.815) | / | 4549.104 | |
= | 21.92 % |
Atlas Air Worldwide Holdings's Gross Margin for the quarter that ended in Dec. 2022 is calculated as
Gross Margin % (Q: Dec. 2022 ) | = | Gross Profit (Q: Dec. 2022 ) | / | Revenue (Q: Dec. 2022 ) |
= | 317.1 | / | 1207.423 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (1207.423 - 890.334) | / | 1207.423 | |
= | 26.26 % |
* 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.
Atlas Air Worldwide Holdings (NAS:AAWW) 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
Atlas Air Worldwide Holdings had a gross margin of 26.26% for the quarter that ended in Dec. 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.
Thank you for viewing the detailed overview of Atlas Air Worldwide Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
John W Dietrich | officer: SVP/Gen Cnsl/Secretary, other: Chf. HR Off | |
Walter G Borst | director | 2701 NAVISTAR DRIVE, LISLE IL 60532 |
Raymond L. Conner | director | ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188 |
George Willis | director | 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328 |
Adam Richard Kokas | officer: Sr. V.P., Gen. Counsel & Secy. | C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
Michael Steen | officer: SVP & Chief Marketing Officer | 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
John K Wulff | director | C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001 |
Keith H. Mayer | officer: Vice President & Controller | ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
Duncan J. Mcnabb | director | C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
Sheila A Stamps | director | C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039 |
James Anthony Forbes | officer: EVP & COO | C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
Carol J Zierhoffer | director | 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022 |
Beverly K. Goulet, | director | 10990 ROE AVENUE, OVERLAND PARK KS 66211 |
William J Flynn | director, officer: Pres. & CEO | C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
Spencer Schwartz | officer: Vice President & Controller | C/O ATLAS AIR WORLDWIDE HOLDINGS, INC., 2000 WESTCHESTER AVENUE, PURCHASE NY 10577 |
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