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Kimball Electronics (Kimball Electronics) Gross Margin % : 8.17% (As of Dec. 2023)


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What is Kimball Electronics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kimball Electronics's Gross Profit for the three months ended in Dec. 2023 was $34 Mil. Kimball Electronics's Revenue for the three months ended in Dec. 2023 was $421 Mil. Therefore, Kimball Electronics's Gross Margin % for the quarter that ended in Dec. 2023 was 8.17%.


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

KE' s Gross Margin % Range Over the Past 10 Years
Min: 6.98   Med: 8.06   Max: 9.14
Current: 8.84


During the past 13 years, the highest Gross Margin % of Kimball Electronics was 9.14%. The lowest was 6.98%. And the median was 8.06%.

KE's Gross Margin % is ranked worse than
91.31% of 2935 companies
in the Industrial Products industry
Industry Median: 26.35 vs KE: 8.84

Kimball Electronics had a gross margin of 8.17% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kimball Electronics was 2.00% per year.


Kimball Electronics Gross Margin % Historical Data

The historical data trend for Kimball Electronics'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.

Kimball Electronics Gross Margin % Chart

Kimball Electronics 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 7.48 6.98 9.14 7.75 8.56

Kimball Electronics 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 7.83 8.87 10.01 8.11 8.17

Competitive Comparison of Kimball Electronics's Gross Margin %

For the Electrical Equipment & Parts subindustry, Kimball Electronics'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.


Kimball Electronics's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kimball Electronics's Gross Margin % distribution charts can be found below:

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



Kimball Electronics Gross Margin % Calculation

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

Kimball Electronics'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 )
=156.2 / 1823.429
=(Revenue - Cost of Goods Sold) / Revenue
=(1823.429 - 1667.264) / 1823.429
=8.56 %

Kimball Electronics'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 )
=34.4 / 421.235
=(Revenue - Cost of Goods Sold) / Revenue
=(421.235 - 386.802) / 421.235
=8.17 %

* 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.


Kimball Electronics  (NAS:KE) 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

Kimball Electronics had a gross margin of 8.17% 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.


Kimball Electronics Gross Margin % Related Terms

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


Kimball Electronics (Kimball Electronics) Business Description

Traded in Other Exchanges
Address
1205 Kimball Boulevard, Jasper, IN, USA, 47546
Kimball Electronics Inc is a contract electronic manufacturing services company. The company is engaged in producing durable electronics for the automotive, medical, industrial, and public safety end markets. The company's engineering, manufacturing, and supply chain services utilize common production and support capabilities. It is also engaged in producing safety-critical electronic assemblies for its automotive customers. Geographically, it derives a majority of revenue from the United States.
Executives
Richard D Phillips officer: CEO 1205 KIMBALL BLVD., JASPER IN 47546
Tom George Vadaketh director 1727 JOCKEYS WAY, YARDLEY PA 19067
Isabel S Wells officer: CIO 1205 KIMBALL BLVD., JASPER IN 47546
Douglas Hass officer: CL&CO, Secretary 1205 KIMBALL BLVD., JASPER IN 47546
John H Kahle officer: VICE PRESIDENT 1205 KIMBALL BLVD., JASPER IN 47546
Adam M Baumann officer: Corporate Controller 1205 KIMBALL BLVD., JASPER IN 47546
Jana T Croom officer: Vice President, Finance 1205 KIMBALL BLVD., JASPER IN 47546
Leroy W Kemper officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Michele Holcomb director 7000 CARDINAL PLACE, DUBLIN OH 43017
Deursen Holly Van director 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Robert J Phillippy director
Kathy R Thomson officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Desiree L. Castillejos officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Jessica L Delorenzo officer: Vice President 1205 KIMBALL BLVD, JASPER IN 47546
Repplier Colleen C director 1205 KIMBALL BLVD., JASPER IN 47546