United Parks & Resorts's gross profit for the
three
months ended in Dec. 2023 was $359 Mil. United Parks & Resorts's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,595 Mil.
* 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.
Competitive Comparison of United Parks & Resorts's Gross Profit
For the Leisure subindustry, United Parks & Resorts'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.
United Parks & Resorts's Gross Profit Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, United Parks & Resorts's Gross Profit distribution charts can be found below:
* The bar in red indicates where United Parks & Resorts's Gross Profit falls into.
United Parks & Resorts Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
United Parks & Resorts's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,595 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
United Parks & Resorts (NYSE:PRKS) 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
United Parks & Resorts had a gross margin of 92.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage
United Parks & Resorts Gross Profit Related Terms
Thank you for viewing the detailed overview of United Parks & Resorts's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
United Parks & Resorts (United Parks & Resorts) Business Description
SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PRKS has been successfully added to your 