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Mestek (Mestek) Gross-Profit-to-Asset % : 30.10% (As of Sep. 2023)


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What is Mestek Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mestek's annualized Gross Profit for the quarter that ended in Sep. 2023 was $131.0 Mil. Mestek's average Total Assets over the quarter that ended in Sep. 2023 was $435.1 Mil. Therefore, Mestek's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 30.10%.


Mestek Gross-Profit-to-Asset % Historical Data

The historical data trend for Mestek's Gross-Profit-to-Asset % 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.

Mestek Gross-Profit-to-Asset % Chart

Mestek Annual Data
Trend Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.14 49.49 49.73 43.49 42.65

Mestek Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Sep22 Sep23
Gross-Profit-to-Asset % 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 40.65 37.46 38.61 40.52 30.10

Competitive Comparison of Mestek's Gross-Profit-to-Asset %

For the Building Products & Equipment subindustry, Mestek's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Mestek's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mestek's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mestek's Gross-Profit-to-Asset % falls into.



Mestek Gross-Profit-to-Asset % Calculation

Mestek's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2017 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=109.339/( (246.944+265.811)/ 2 )
=109.339/256.3775
=42.65 %

Mestek's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=130.968/( (0+435.069)/ 1 )
=130.968/435.069
=30.10 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Mestek Gross-Profit-to-Asset % Related Terms

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Mestek (Mestek) Business Description

Traded in Other Exchanges
N/A
Address
260 North Elm Street, Westfield, MA, USA, 1085
Mestek Inc and its subsidiaries operate in two manufacturing business segments: heating, ventilating, and air conditioning equipment (HVAC) including architectural products, and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels, in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.
Executives
J Nicholas Filler officer: Senior Vice President 455 MATHEWS ROAD, CONWAY MA 01341

Mestek (Mestek) Headlines

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