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Caesarstone (Caesarstone) Gross Profit : $91.3 Mil (TTM As of Mar. 2024)


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What is Caesarstone Gross Profit?

Caesarstone's gross profit for the three months ended in Mar. 2024 was $29.0 Mil. Caesarstone's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $91.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Caesarstone's gross profit for the three months ended in Mar. 2024 was $29.0 Mil. Caesarstone's Revenue for the three months ended in Mar. 2024 was $118.3 Mil. Therefore, Caesarstone's Gross Margin % for the quarter that ended in Mar. 2024 was 24.50%.

Caesarstone had a gross margin of 24.50% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Caesarstone was 42.39%. The lowest was 16.27%. And the median was 27.96%.

Warning Sign:

Caesarstone Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.8%.


Caesarstone Gross Profit Historical Data

The historical data trend for Caesarstone'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.

Caesarstone Gross Profit Chart

Caesarstone 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 148.64 133.94 171.50 163.25 91.94

Caesarstone 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 29.60 11.87 27.19 23.28 28.99

Competitive Comparison of Caesarstone's Gross Profit

For the Building Products & Equipment subindustry, Caesarstone'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.


Caesarstone's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Caesarstone's Gross Profit distribution charts can be found below:

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



Caesarstone Gross Profit Calculation

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

Caesarstone'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
=565.231 - 473.292
=91.9

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=118.292 - 89.305
=29.0

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 $91.3 Mil.

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

Caesarstone'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
=29.0 / 118.292
=24.50 %

* 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.


Caesarstone  (NAS:CSTE) 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

Caesarstone had a gross margin of 24.50% for the quarter that ended in Mar. 2024 => Competition eroding margins


Caesarstone Gross Profit Related Terms

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Caesarstone (Caesarstone) Business Description

Traded in Other Exchanges
Address
Kibbutz Sdot-Yam, MP Menashe, ISR, 3780400
Caesarstone Ltd manufactures engineered quartz surfaces. Its products primarily include engineered quartz and porcelain slabs, which are used as kitchen countertops in renovation and remodeling, and residential construction. It also has other applications, including vanity tops, wall panels, backsplashes, floor tiles, stairs, and other interior surfaces that are used in various residential and non-residential applications. The company sells its products under the Caesarstone brand. Caesarstone's geographical segments are the United States, Canada, Latin America, Australia, Asia, Israel, and EMEA(Europe, Middle East, Africa).

Caesarstone (Caesarstone) Headlines

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