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Kimball International (Kimball International) Gross Profit : $248.9 Mil (TTM As of Mar. 2023)


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What is Kimball International Gross Profit?

Kimball International's gross profit for the three months ended in Mar. 2023 was $62.5 Mil. Kimball International's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $248.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kimball International's gross profit for the three months ended in Mar. 2023 was $62.5 Mil. Kimball International's Revenue for the three months ended in Mar. 2023 was $166.2 Mil. Therefore, Kimball International's Gross Margin % for the quarter that ended in Mar. 2023 was 37.60%.

Kimball International had a gross margin of 37.60% for the quarter that ended in Mar. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Kimball International was 35.35%. The lowest was 28.07%. And the median was 32.08%.

Warning Sign:

Kimball International Inc gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Kimball International Gross Profit Historical Data

The historical data trend for Kimball International'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.

Kimball International Gross Profit Chart

Kimball International Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235.63 254.55 250.76 182.43 211.31

Kimball International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 55.14 60.63 59.61 66.14 62.48

Competitive Comparison of Kimball International's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, Kimball International'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.


Kimball International's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kimball International's Gross Profit distribution charts can be found below:

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



Kimball International Gross Profit Calculation

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

Kimball International's Gross Profit for the fiscal year that ended in Jun. 2022 is calculated as

Gross Profit (A: Jun. 2022 )=Revenue - Cost of Goods Sold
=665.877 - 454.571
=211.3

Kimball International's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=166.184 - 103.705
=62.5

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $248.9 Mil.

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

Kimball International's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=62.5 / 166.184
=37.60 %

* 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 International  (NAS:KBAL) 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

Kimball International had a gross margin of 37.60% for the quarter that ended in Mar. 2023 => Competition eroding margins


Kimball International Gross Profit Related Terms

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Kimball International (Kimball International) Business Description

Traded in Other Exchanges
N/A
Address
1600 Royal Street, Jasper, IN, USA, 47546-2256
Kimball International Inc operates in the omnichannel commercial furnishing business. The company specializes in making furniture for the workplace, health, and hospitality markets. The workplace market area includes commercial, education, government, and financial segments and eBusiness. The company's furniture brand portfolio comprises Kimball, National, Interwoven, Kimball Hospitality, D'style, and Poppin.
Executives
Christopher M Robison officer: INTERIM PRESIDENT POPPIN C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Willi Candra officer: Chief Digital & Info Officer C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Timothy J Wolfe officer: EVP & CFO 1600 ROYAL STREET, JASPER IN 47546
Michael J. Roch officer: EVP, CCO, Workplace and Health C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Kourtney L Smith officer: EVP 1600 ROYAL STREET, JASPER IN 47549
Darren S Gress other: CORPORATE CONTROLLER 1600 ROYAL STREET, JASPER IN 47549
Valerie R Love director 1600 ROYAL STREET, JASPER IN 47546
Timothy J Jahnke director 115 ANSLEY WAY, ROSWELL GA 30075
Susan B Frampton director 1600 ROYAL ST, JASPER IN 47549
Scott M Settersten director 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Geoffrey L Stringer director 1600 ROYAL ST, JASPER IN 47549
Patrick E Connolly director 1600 ROYAL ST, JASPER IN 47549
Kimberly K Ryan director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Thomas J Tischhauser director 1600 ROYAL STREET, JASPER IN 47549
Michelle Rene Schroeder officer: EVP, CHIEF FINANCIAL OFFICER 1600 ROYAL STREET, JASPER IN 47549

Kimball International (Kimball International) Headlines

From GuruFocus

Kimball International, Inc. Declares Dividend

By GuruFocusNews GuruFocusNews 04-25-2022

Kimball International Inc (KBAL) EVP & CFO Timothy J Wolfe Bought $52,950 of Shares

By GuruFocus Research GuruFocus Editor 11-30-2021

Kimball International, Inc. Declares Dividend

By Value_Insider Value_Insider 10-20-2022

Kimball International, Inc. Declares Dividend

By GuruFocusNews GuruFocusNews 02-07-2022

Kimball International Inc (KBAL) EVP & CFO Timothy J Wolfe Bought $54,950 of Shares

By GuruFocus Research GuruFocus Editor 11-19-2021

Kimball International Named One of America's Most Trustworthy Companies

By GuruFocusNews GuruFocusNews 04-11-2022