Zevia PBC's gross profit for the
three
months ended in Mar. 2024 was $17.7 Mil. Zevia PBC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $72.4 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Zevia PBC's gross profit for the
three
months ended in Mar. 2024 was $17.7 Mil. Zevia PBC's Revenue for the
three
months ended in Mar. 2024 was $38.8 Mil. Therefore, Zevia PBC's Gross Margin % for the quarter that ended in Mar. 2024 was 45.67%.
Zevia PBC had a gross margin of 45.67% for the quarter that ended in Mar. 2024 => Durable competitive advantage
During the past 5 years, the highestGross Margin % of Zevia PBC was 46.28%. The lowest was 42.91%. And the median was 44.92%.
Zevia PBC Gross Profit Historical Data
The historical data trend for Zevia PBC'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 Zevia PBC's Gross Profit
For the Beverages - Non-Alcoholic subindustry, Zevia PBC'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.
Zevia PBC's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Zevia PBC's Gross Profit distribution charts can be found below:
* The bar in red indicates where Zevia PBC's Gross Profit falls into.
Zevia PBC Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Zevia PBC'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 $72.4 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.
Zevia PBC (NYSE:ZVIA) 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
Zevia PBC had a gross margin of 45.67% for the quarter that ended in Mar. 2024 => Durable competitive advantage
Zevia PBC Gross Profit Related Terms
Thank you for viewing the detailed overview of Zevia PBC's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero-sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of retailers in the food, drug, mass, natural, and e-commerce channels. It derives a majority of its revenue from the United States.
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