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Radiant Logistics (Radiant Logistics) Gross Margin % : 18.83% (As of Dec. 2023)


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What is Radiant Logistics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Radiant Logistics's Gross Profit for the three months ended in Dec. 2023 was $37.87 Mil. Radiant Logistics's Revenue for the three months ended in Dec. 2023 was $201.08 Mil. Therefore, Radiant Logistics's Gross Margin % for the quarter that ended in Dec. 2023 was 18.83%.


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

RLGTpA.CL.PFD' s Gross Margin % Range Over the Past 10 Years
Min: 14.64   Med: 16.43   Max: 20.87
Current: 17.98


During the past 13 years, the highest Gross Margin % of Radiant Logistics was 20.87%. The lowest was 14.64%. And the median was 16.43%.

RLGTpA.CL.PFD's Gross Margin % is ranked worse than
56.63% of 943 companies
in the Transportation industry
Industry Median: 20.14 vs RLGTpA.CL.PFD: 17.98

Radiant Logistics had a gross margin of 18.83% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Radiant Logistics was 0.20% per year.


Radiant Logistics Gross Margin % Historical Data

The historical data trend for Radiant Logistics'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.

Radiant Logistics Gross Margin % Chart

Radiant Logistics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.35 15.74 16.60 14.75 16.73

Radiant Logistics 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 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 16.71 17.47 18.32 17.40 18.83

Competitive Comparison of Radiant Logistics's Gross Margin %

For the Integrated Freight & Logistics subindustry, Radiant Logistics'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.


Radiant Logistics's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Radiant Logistics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Radiant Logistics's Gross Margin % falls into.



Radiant Logistics Gross Margin % Calculation

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

Radiant Logistics's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=181.6 / 1085.486
=(Revenue - Cost of Goods Sold) / Revenue
=(1085.486 - 903.888) / 1085.486
=16.73 %

Radiant Logistics'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 )
=37.9 / 201.082
=(Revenue - Cost of Goods Sold) / Revenue
=(201.082 - 163.209) / 201.082
=18.83 %

* 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.


Radiant Logistics  (AMEX:RLGTpA.CL.PFD) 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

Radiant Logistics had a gross margin of 18.83% 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.


Radiant Logistics Gross Margin % Related Terms

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Radiant Logistics (Radiant Logistics) Business Description

Traded in Other Exchanges
Address
Triton Tower Two, 700 S Renton Village Place, Seventh Floor, Renton, WA, USA, 98057
Radiant Logistics Inc operates as a third-party logistics company, providing multi-modal transportation and logistics services to customers based in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services and freight brokerage services including truckload services, less-than-truckload (LTL) services, and intermodal services. The company has two geographic operating segments: the United States and Canada. Maximum revenue is generated in the United States.