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Sanderson Farms (Sanderson Farms) Gross Profit : $1,440 Mil (TTM As of Apr. 2022)


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What is Sanderson Farms Gross Profit?

Sanderson Farms's gross profit for the three months ended in Apr. 2022 was $488 Mil. Sanderson Farms's gross profit for the trailing twelve months (TTM) ended in Apr. 2022 was $1,440 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sanderson Farms's gross profit for the three months ended in Apr. 2022 was $488 Mil. Sanderson Farms's Revenue for the three months ended in Apr. 2022 was $1,540 Mil. Therefore, Sanderson Farms's Gross Margin % for the quarter that ended in Apr. 2022 was 31.69%.

Sanderson Farms had a gross margin of 31.69% for the quarter that ended in Apr. 2022 => Competition eroding margins


Sanderson Farms Gross Profit Historical Data

The historical data trend for Sanderson Farms'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.

Sanderson Farms Gross Profit Chart

Sanderson Farms Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 641.54 251.67 279.14 194.16 894.66

Sanderson Farms Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 191.94 302.94 329.79 319.37 487.87

Competitive Comparison of Sanderson Farms's Gross Profit

For the Packaged Foods subindustry, Sanderson Farms'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.


Sanderson Farms's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanderson Farms's Gross Profit distribution charts can be found below:

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



Sanderson Farms Gross Profit Calculation

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

Sanderson Farms's Gross Profit for the fiscal year that ended in Oct. 2021 is calculated as

Gross Profit (A: Oct. 2021 )=Revenue - Cost of Goods Sold
=4799.653 - 3904.995
=895

Sanderson Farms's Gross Profit for the quarter that ended in Apr. 2022 is calculated as

Gross Profit (Q: Apr. 2022 )=Revenue - Cost of Goods Sold
=1539.714 - 1051.845
=488

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,440 Mil.

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

Sanderson Farms's Gross Margin % for the quarter that ended in Apr. 2022 is calculated as

Gross Margin % (Q: Apr. 2022 )=Gross Profit (Q: Apr. 2022 ) / Revenue (Q: Apr. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=488 / 1539.714
=31.69 %

* 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.


Sanderson Farms  (NAS:SAFM) 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

Sanderson Farms had a gross margin of 31.69% for the quarter that ended in Apr. 2022 => Competition eroding margins


Sanderson Farms Gross Profit Related Terms

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Sanderson Farms (Sanderson Farms) Business Description

Traded in Other Exchanges
N/A
Address
127 Flynt Road, Laurel, MS, USA, 39443
Sanderson Farms Inc is a dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States. The company's product portfolio consists of tray packs and large birds, catering to grocery and food-service customers. It sells chill-packed, ice-packed, bulk-packed, and frozen chicken in whole, cut-up, and boneless form under the brand name Sanderson Farms to retailers, distributors, and casual dining operators in the United States.
Executives
Toni D Cooley director 253 OLD JACKSON ROAD, MADISON MS 39110
Phil K Livingston director C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
John Bierbusse director 3500 NORTH LAKE SHORE DRIVE #14A CHICAGO IL 60657
Lampkin Butts director, officer: Vice President, Sales C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
Robert C Khayat director PO BOX 1848 UNIVERSITY MS 38677
Sonia Perez director 127 FLYNT ROAD, LAUREL MS 39443
Jones Gail Pittman director C/O SANDERSON FARMS INC PO BOX 988 225 N 13TH AVE LAUREL MS 39441-0988
Green Edith Kelly director 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118
John David Barksdale director 127 FLYNT ROAD, LAUREL MS 39443
Banks Fred L Jr director 111 EAST CAPITOL STREET SUITE 600 JACKSON MS 39201-2122
Dianne Mooney director 7449 ASHLAND LANE BIRMINGHAM AL 35242
Suzanne T Mestayer director 1100 POYDRAS STREET NEW ORLEANS LA 70163
D Michael Cockrell director, officer: Treasurer & CFO C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
Beverly W Hogan director
Baker John H Iii director C/O SANDERSON FARMS INC 225 N 13TH AVE LAUREL MS 39441