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Dick's Sporting Goods (Dick's Sporting Goods) Gross Profit : $4,534 Mil (TTM As of Jan. 2024)


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What is Dick's Sporting Goods Gross Profit?

Dick's Sporting Goods's gross profit for the three months ended in Jan. 2024 was $1,334 Mil. Dick's Sporting Goods's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $4,534 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dick's Sporting Goods's gross profit for the three months ended in Jan. 2024 was $1,334 Mil. Dick's Sporting Goods's Revenue for the three months ended in Jan. 2024 was $3,876 Mil. Therefore, Dick's Sporting Goods's Gross Margin % for the quarter that ended in Jan. 2024 was 34.42%.

Dick's Sporting Goods had a gross margin of 34.42% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Dick's Sporting Goods was 38.33%. The lowest was 28.90%. And the median was 30.32%.


Dick's Sporting Goods Gross Profit Historical Data

The historical data trend for Dick's Sporting Goods's Gross Profit 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.

Dick's Sporting Goods Gross Profit Chart

Dick's Sporting Goods Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,554.56 3,050.71 4,711.89 4,284.56 4,533.74

Dick's Sporting Goods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit 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 1,166.04 1,028.62 1,109.48 1,061.46 1,334.18

Competitive Comparison of Dick's Sporting Goods's Gross Profit

For the Specialty Retail subindustry, Dick's Sporting Goods's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Dick's Sporting Goods's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dick's Sporting Goods's Gross Profit distribution charts can be found below:

* The bar in red indicates where Dick's Sporting Goods's Gross Profit falls into.



Dick's Sporting Goods Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Dick's Sporting Goods's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=12984.399 - 8450.664
=4,534

Dick's Sporting Goods's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=3876.171 - 2541.992
=1,334

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,534 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Dick's Sporting Goods's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,334 / 3876.171
=34.42 %

* 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.


Dick's Sporting Goods  (NYSE:DKS) Gross Profit 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

Dick's Sporting Goods had a gross margin of 34.42% for the quarter that ended in Jan. 2024 => Competition eroding margins


Dick's Sporting Goods Gross Profit Related Terms

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Dick's Sporting Goods (Dick's Sporting Goods) Business Description

Traded in Other Exchanges
Address
345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores), and about 135 specialty stores under the Golf Galaxy, Moosejaw, and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.
Executives
Lawrence J Schorr director 200 PLAZA DRIVE, VESTAL NY 13850
Vladimir Rak officer: EVP, Chief Technology Officer 345 COURT STREET, CORAOPOLIS PA 15108
Julie Lodge-jarrett officer: SVP, Chief People Officer 345 COURT STREET, CORAOPOLIS PA 15108
Larry Jr. Fitzgerald director 345 COURT STREET, CORAOPOLIS PA 15108
Robert W. Eddy director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
William Colombo Trustee U/a Dtd 10/05/2020 Edward W Stack Non-grantor Trust 10 percent owner 345 COURT STREET, CORAOPOLIS PA 15108
William J Colombo director
Sandeep Mathrani director
Navdeep Gupta officer: See Remarks 345 COURT STREET, CORAOPOLIS PA 15108
Hayes John Edward Iii officer: SVP, General Counsel 345 COURT STREET, CORAOPOLIS PA 15108
Mark J Barrenechea director C/O SILICON GRAPHICS INTERNATIONAL CORP, 46600 LANDING PARKWAY, FREMONT CA 94538
Anne Fink director 345 COURT STREET, CORAOPOLIS PA 15108
Lauren R Hobart officer: SVP & Chief Marketing Officer 345 COURT STREET, CORAOPOLIS PA 15275
Edward W Stack director, 10 percent owner, officer: Chairman & CEO 345 COURT STREET, CORAOPOLIS PA 15108
Sliva Raymond A. Jr. officer: EVP, Stores 345 COURT STREET, CORAOPOLIS PA 15108