Saia (SAIA) Gross Margin % : 19.95% (As of Dec. 2023)

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What is Saia Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Saia's Gross Profit for the three months ended in Dec. 2023 was $150 Mil. Saia's Revenue for the three months ended in Dec. 2023 was $751 Mil. Therefore, Saia's Gross Margin % for the quarter that ended in Dec. 2023 was 19.95%.

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

SAIA' s Gross Margin % Range Over the Past 10 Years
Min: 12.46 Med: 13.94 Max: 21.17
Current: 20.79

During the past 13 years, the highest Gross Margin % of Saia was 21.17%. The lowest was 12.46%. And the median was 13.94%.

SAIA's Gross Margin % is ranked better than
52.11% of 946 companies
in the Transportation industry
Industry Median: 19.955 vs SAIA: 20.79

Saia had a gross margin of 19.95% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Saia was 10.50% per year.

Saia Gross Margin % Historical Data

The historical data trend for Saia'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.

Saia Gross Margin % Chart

Saia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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13.97

15.58

19.74

21.17

20.79

Saia 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															18.80	19.73	22.29	21.14	19.95

Competitive Comparison of Saia's Gross Margin %

For the Trucking subindustry, Saia'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.

Saia's Gross Margin % Distribution in the Transportation Industry

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

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

Saia Gross Margin % Calculation

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

Saia'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 )
	=	598.9	/	2881.433
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2881.433 - 2282.501)	/	2881.433
	=	20.79 %

Saia'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 )
	=	149.9	/	751.132
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(751.132 - 601.255)	/	751.132
	=	19.95 %

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.

Saia (NAS:SAIA) 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

Saia had a gross margin of 19.95% 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.

Saia Gross Margin % Related Terms

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

Saia (SAIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saia Inc (NAS:SAIA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

SQR:Germany SQR:Germany

Address

11465 Johns Creek Parkway, Suite 400, Johns Creek, GA, USA, 30097

Website

https://www.saia.com

Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 190 facilities and a fleet of about 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.

Executives

Di-ann Eisnor	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Raymond R Ramu	officer: Chief Customer Officer	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Patrick D Sugar	officer: EVP Operations	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Holzgrefe Frederick J Iii	officer: VP Finance, CFO and Secretary	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Douglas L Col	officer: VP Finance, CFO	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Susan F Ward	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Donna E Epps	director	11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Richard D Odell	officer: President & CEO of Saia	11465 JOHNS CREEK PARKWAY, STE 400, JOHNS CREEK GA 30097
Anthony R Norwood	officer: EVP & CHRO	11465 JOHNS CREEK PARKWAY, JOHNS CREEK GA 30097
Kelly W Benton	officer: VP & Controller	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Rohit Lal	officer: VP Information Technology, CIO	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Kevin A Henry	director	13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Donald R James	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Karla J Staver	officer: VP Safety and Human Resources	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Stephanie R Maschmeier	officer: Controller	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097