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Wabash National (Wabash National) Gross Profit : $459 Mil (TTM As of Mar. 2024)


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What is Wabash National Gross Profit?

Wabash National's gross profit for the three months ended in Mar. 2024 was $76 Mil. Wabash National's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $459 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wabash National's gross profit for the three months ended in Mar. 2024 was $76 Mil. Wabash National's Revenue for the three months ended in Mar. 2024 was $515 Mil. Therefore, Wabash National's Gross Margin % for the quarter that ended in Mar. 2024 was 14.84%.

Wabash National had a gross margin of 14.84% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Wabash National was 19.64%. The lowest was 10.78%. And the median was 13.06%.


Wabash National Gross Profit Historical Data

The historical data trend for Wabash National'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.

Wabash National Gross Profit Chart

Wabash National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 306.38 159.75 196.47 322.69 498.19

Wabash National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 116.03 151.03 122.91 108.22 76.45

Competitive Comparison of Wabash National's Gross Profit

For the Farm & Heavy Construction Machinery subindustry, Wabash National'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.


Wabash National's Gross Profit Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Gross Profit distribution charts can be found below:

* The bar in red indicates where Wabash National's Gross Profit falls into.



Wabash National Gross Profit Calculation

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

Wabash National's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2536.5 - 2038.313
=498

Wabash National's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=515.276 - 438.83
=76

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $459 Mil.

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

Wabash National's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=76 / 515.276
=14.84 %

* 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.


Wabash National  (NYSE:WNC) 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

Wabash National had a gross margin of 14.84% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Wabash National Gross Profit Related Terms

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Wabash National (Wabash National) Business Description

Traded in Other Exchanges
Address
3900 McCarty Lane, Lafayette, IN, USA, 47905
Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics and distribution industries. The company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from the first to the final mile. It designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.
Executives
Larry J Magee director 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Mary Kristin Glazner officer: SVP Chief HR Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Michael N Pettit officer: SVP - Group President, FMP 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Dustin T Smith officer: SVP and Group President, CTP 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Kevin J Page officer: SVP and Group President, DPG 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Brent L Yeagy officer: Pres. of Commercial Trailer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Sudhanshu Shekhar Priyadarshi director 6425 HALL OF FAME LANE, FRISCO TX 75034
Trent Broberg director 3900 MCCARTY LANE, LAFAYETTE IN 47905
John E Kunz director 522 N. MACEWEN DRIVE, OSPREY FL 34229
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Therese M Bassett director 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Taylor Stuart A Ii director
Andrew C Boynton director FULTON HALL 510, 140 COMMONWEALTH AVENUE, CHESTNUT HILL MA 02467
Melanie Margolin officer: SVP and General Counsel 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Richard J Giromini officer: Senior Vice President - COO

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