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Cadre Holdings (Cadre Holdings) Gross Margin % : 39.94% (As of Dec. 2023)


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What is Cadre Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cadre Holdings's Gross Profit for the three months ended in Dec. 2023 was $49.8 Mil. Cadre Holdings's Revenue for the three months ended in Dec. 2023 was $124.6 Mil. Therefore, Cadre Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 39.94%.


The historical rank and industry rank for Cadre Holdings's Gross Margin % or its related term are showing as below:

CDRE' s Gross Margin % Range Over the Past 10 Years
Min: 34.71   Med: 38.37   Max: 41.6
Current: 41.6


During the past 5 years, the highest Gross Margin % of Cadre Holdings was 41.60%. The lowest was 34.71%. And the median was 38.37%.

CDRE's Gross Margin % is ranked better than
73.99% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.235 vs CDRE: 41.60

Cadre Holdings had a gross margin of 39.94% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cadre Holdings was 0.00% per year.


Cadre Holdings Gross Margin % Historical Data

The historical data trend for Cadre Holdings's Gross Margin % 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.

Cadre Holdings Gross Margin % Chart

Cadre Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
34.71 37.80 39.95 38.37 41.60

Cadre Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 39.25 41.72 41.91 42.84 39.94

Competitive Comparison of Cadre Holdings's Gross Margin %

For the Aerospace & Defense subindustry, Cadre Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Cadre Holdings's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cadre Holdings's Gross Margin % falls into.



Cadre Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Cadre Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=200.7 / 482.532
=(Revenue - Cost of Goods Sold) / Revenue
=(482.532 - 281.806) / 482.532
=41.60 %

Cadre Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=49.8 / 124.583
=(Revenue - Cost of Goods Sold) / Revenue
=(124.583 - 74.825) / 124.583
=39.94 %

* 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.


Cadre Holdings  (NYSE:CDRE) Gross Margin % 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

Cadre Holdings had a gross margin of 39.94% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Cadre Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Cadre Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cadre Holdings (Cadre Holdings) Business Description

Traded in Other Exchanges
N/A
Address
13386 International Parkway, Jacksonville, FL, USA, 32218
Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.
Executives
Blaine Browers officer: CHIEF FINANCIAL OFFICER 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Warren B Kanders director, 10 percent owner, officer: CEO AND CHAIRMAN ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Nicolas Sokolow director 100 BLVD MALESHERBES, PARIS I0 00000
Brad Williams officer: PRESIDENT 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Quigley William G Iii director
Hamish Norton director 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Maui Holdings, Llc 10 percent owner 340 ROYAL POINCIANA WAY, SUITE 317-250, PALM BEACH FL 33480