L.B. Foster Co (L.B. Foster Co) Gross Margin % : 21.53% (As of Dec. 2023)

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What is L.B. Foster Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. L.B. Foster Co's Gross Profit for the three months ended in Dec. 2023 was $29.0 Mil. L.B. Foster Co's Revenue for the three months ended in Dec. 2023 was $134.9 Mil. Therefore, L.B. Foster Co's Gross Margin % for the quarter that ended in Dec. 2023 was 21.53%.

The historical rank and industry rank for L.B. Foster Co's Gross Margin % or its related term are showing as below:

FSTR' s Gross Margin % Range Over the Past 10 Years
Min: 16.8 Med: 19.58 Max: 21.4
Current: 20.75

During the past 13 years, the highest Gross Margin % of L.B. Foster Co was 21.40%. The lowest was 16.80%. And the median was 19.58%.

FSTR's Gross Margin % is ranked better than
51.85% of 945 companies
in the Transportation industry
Industry Median: 20.14 vs FSTR: 20.75

L.B. Foster Co had a gross margin of 21.53% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for L.B. Foster Co was -0.20% per year.

L.B. Foster Co Gross Margin % Historical Data

The historical data trend for L.B. Foster Co'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.

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L.B. Foster Co Gross Margin % Chart

L.B. Foster Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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19.62

19.10

16.80

18.01

20.75

L.B. Foster Co Quarterly Data
	Mar19	Jun19	Sep19	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															19.52	20.17	21.79	19.42	21.53

Competitive Comparison of L.B. Foster Co's Gross Margin %

For the Railroads subindustry, L.B. Foster Co'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.

L.B. Foster Co's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, L.B. Foster Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where L.B. Foster Co's Gross Margin % falls into.

L.B. Foster Co Gross Margin % Calculation

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

L.B. Foster Co'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 )
	=	112.8	/	543.744
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(543.744 - 430.934)	/	543.744
	=	20.75 %

L.B. Foster Co'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 )
	=	29	/	134.877
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(134.877 - 105.834)	/	134.877
	=	21.53 %

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.

L.B. Foster Co (NAS:FSTR) 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

L.B. Foster Co had a gross margin of 21.53% 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.

L.B. Foster Co Gross Margin % Related Terms

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

L.B. Foster Co (L.B. Foster Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » L.B. Foster Co (NAS:FSTR) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

LB1A:Germany

Address

415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220

Website

https://www.lbfoster.com

L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.

Executives

Janet Lee	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Diane B Owen	director
Dirk Junge	director	165 TOWNSHIP LINE RD, JENKINTOWN PA 19046
John E Kunz	director	522 N. MACEWEN DRIVE, OSPREY FL 34229
Raymond T Betler	director	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Bruce Ernest Thompson	director	C/O L.B. FOSTER COMPANY, 415 HOLIDAY DRIVE, SUITE 100, PITTSBURGH PA 15220
Aron R. English	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Alexander B Jones	other: See Explanation of Responses	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Bryson Hirai-hadley	other: See Explanation of Responses	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Gp, Inc.	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw, Lp	10 percent owner	590 1ST AVE S, UNIT C1, SEATTLE WA 98104
22nw Fund Gp, Llc	10 percent owner	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Sean M Reilly	officer: Controller	TOLLGRADE COMMUNICATIONS INC, 493 NIXON RD., CHESWICK PA 15024
William Treacy	officer: Chief Growth Officer	415 HOLIDAY DRIVE, PITTSBURGH PA 15220