Servotronics's gross profit for the
three
months ended in Mar. 2024 was $1.74 Mil. Servotronics's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $8.56 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Servotronics's gross profit for the
three
months ended in Mar. 2024 was $1.74 Mil. Servotronics's Revenue for the
three
months ended in Mar. 2024 was $10.45 Mil. Therefore, Servotronics's Gross Margin % for the quarter that ended in Mar. 2024 was 16.61%.
Servotronics had a gross margin of 16.61% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of Servotronics was 25.98%. The lowest was 14.76%. And the median was 22.22%.
Warning Sign:
Servotronics Inc gross margin has been in long-term decline. The average rate of decline per year is -7.7%.
Servotronics Gross Profit Historical Data
The historical data trend for Servotronics'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.
Competitive Comparison of Servotronics's Gross Profit
For the Aerospace & Defense subindustry, Servotronics'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.
Servotronics's Gross Profit Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Servotronics's Gross Profit distribution charts can be found below:
* The bar in red indicates where Servotronics's Gross Profit falls into.
Servotronics Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Servotronics'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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.56 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.
Servotronics (AMEX:SVT) 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
Servotronics had a gross margin of 16.61% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
Servotronics Gross Profit Related Terms
Thank you for viewing the detailed overview of Servotronics's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Servotronics Inc is a U.S based company that designs, manufactures, and markets technology products consisting of control components and consumer products, consisting of knives and various types of cutlery and other edged products. The company operates in the segments of Technology Group, which is the key revenue-generating segment, and Consumer Products Group. Technology Group operations involve the design, manufacture, and marketing of servo-control components, which include torque motors, control valves, and actuators, among others for government, commercial and industrial applications. Consumer Products Group operations involve the designing, manufacturing, and marketing of a range of cutlery products for use by consumers and government agencies.
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