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Delta Apparel (Delta Apparel) Gross Profit : $36.3 Mil (TTM As of Mar. 2024)


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What is Delta Apparel Gross Profit?

Delta Apparel's gross profit for the three months ended in Mar. 2024 was $3.4 Mil. Delta Apparel's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $36.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Delta Apparel's gross profit for the three months ended in Mar. 2024 was $3.4 Mil. Delta Apparel's Revenue for the three months ended in Mar. 2024 was $78.9 Mil. Therefore, Delta Apparel's Gross Margin % for the quarter that ended in Mar. 2024 was 4.25%.

Delta Apparel had a gross margin of 4.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Delta Apparel was 23.33%. The lowest was 10.18%. And the median was 20.23%.

Warning Sign:

Delta Apparel Inc gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


Delta Apparel Gross Profit Historical Data

The historical data trend for Delta Apparel'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.

Delta Apparel Gross Profit Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.15 68.38 101.88 108.84 54.01

Delta Apparel 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 16.21 13.94 10.25 8.75 3.36

Competitive Comparison of Delta Apparel's Gross Profit

For the Apparel Manufacturing subindustry, Delta Apparel'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.


Delta Apparel's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Apparel's Gross Profit distribution charts can be found below:

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



Delta Apparel Gross Profit Calculation

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

Delta Apparel's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=415.351 - 361.338
=54.0

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=78.936 - 75.58
=3.4

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 $36.3 Mil.

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

Delta Apparel'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
=3.4 / 78.936
=4.25 %

* 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.


Delta Apparel  (AMEX:DLA) 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

Delta Apparel had a gross margin of 4.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Delta Apparel Gross Profit Related Terms

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Delta Apparel (Delta Apparel) Business Description

Traded in Other Exchanges
Address
2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.
Executives
Jeffery Neil Stillwell officer: President, Salt Life Group 24 12TH STREET, COLUMBUS GA 29601
Billy Charles Hardgrave director 2750 PREMIERE PKWY., SUITE 100, DULUTH GA 30097
Glenda E Hood director
David G Whalen director 4 HOLLY LANE, BARRINGTON RI 02806
James Bradley Campbell director 215 MCDANIEL AVENUE, GREENVILLE SC 29601
Nancy P Bubanich officer: VP & Chief Accounting Officer 201 WEST MCBEE AVENUE, SUITE 320, GREENVILLE SC 29601
George Jay Gogue director 322 S. MAIN STREET, GREENVILLE SC 29601
Justin Marshall Grow officer: General Counsel 322 S. MAIN STREET, GREENVILLE SC 29601
Taylor A Alexander Ii director 4080 JENKINS ROAD, CHATTANOOGA TN 31421
Sonya E Medina director P.O. BOX 99900, LOUISVILLE KY 40269
Matthew Joel Miller officer: President, Delta Group 2859 PACES FERRY RD., #2000, ATLANTA GA 30339
Deborah H Merrill officer: VP Chief Accounting Officer 2750 PREMIERE PARKWAY, DULUTH GA 30097
Simone C Walsh officer: VP, CFO & Treasurer 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
Encalada Arjona Carlos Enrique officer: V.P. of Manufacturing 322 SOUTH MAIN STREET, GREENVILLE SC 29601
Sandra Lauren Satterfield officer: Deputy GC & Corp. Secretary 2750 PREMIERE PARKWAY, SUITE 100, DULUTH SC 29601

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