Hillman Solutions (Hillman Solutions) Gross Margin % : 46.72% (As of Dec. 2023)

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What is Hillman Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hillman Solutions's Gross Profit for the three months ended in Dec. 2023 was $163 Mil. Hillman Solutions's Revenue for the three months ended in Dec. 2023 was $348 Mil. Therefore, Hillman Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 46.72%.

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

HLMN' s Gross Margin % Range Over the Past 10 Years
Min: 39.72 Med: 42.86 Max: 43.86
Current: 43.86

During the past 5 years, the highest Gross Margin % of Hillman Solutions was 43.86%. The lowest was 39.72%. And the median was 42.86%.

HLMN's Gross Margin % is ranked better than
85.79% of 2935 companies
in the Industrial Products industry
Industry Median: 26.42 vs HLMN: 43.86

Hillman Solutions had a gross margin of 46.72% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Hillman Solutions Gross Margin % Historical Data

The historical data trend for Hillman Solutions'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.

Hillman Solutions Gross Margin % Chart

Hillman Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

42.86

39.72

43.04

43.86

Hillman Solutions Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial											43.44	41.52	43.03	44.19	46.72

Competitive Comparison of Hillman Solutions's Gross Margin %

For the Tools & Accessories subindustry, Hillman Solutions'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.

Hillman Solutions's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hillman Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hillman Solutions's Gross Margin % falls into.

Hillman Solutions Gross Margin % Calculation

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

Hillman Solutions'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 )
	=	647.5	/	1476.477
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1476.477 - 828.956)	/	1476.477
	=	43.86 %

Hillman Solutions'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 )
	=	162.5	/	347.808
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(347.808 - 185.304)	/	347.808
	=	46.72 %

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.

Hillman Solutions (NAS:HLMN) 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

Hillman Solutions had a gross margin of 46.72% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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.

Hillman Solutions Gross Margin % Related Terms

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Hillman Solutions (Hillman Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hillman Solutions Corp (NAS:HLMN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1280 Kemper Meadow Drive, Forest Park, OH, USA, 45240

Website

https://www.hillmangroup.com

Hillman Solutions Corp is a provider of hardware-related products and related merchandising services to retail markets in North America. The company sells its products to hardware stores, home centers, mass merchants, pet supply stores, and other retail outlets. Its product lines include thousands of small parts such as fasteners and related hardware items; threaded rod and metal shapes; keys and accessories; builder's hardware; personal protective equipment, such as gloves and eye-wear; and identification items, such as tags and letters, numbers, and signs. The segments of the group are Hardware and Protective Solutions, which is the key revenue-generating segment; Robotics and Digital Solutions; and Canada. It has a business presence in the US, Canada and Mexico.

Executives

Diane Honda	director	C/O BARRACUDA NETWORKS, INC., 3175 S. WINCHESTER BLVD., CAMPBELL CA 95008
Ccmp Capital, Lp	10 percent owner	245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Aaron Jerrod Parker	officer: VP - Human Resources	1280 KEMPER MEADOW DR., FOREST PARK OH 45240
Robert O. Kraft	officer: CFO and Treasurer	ONE CVS DRIVE, WOONSOCKET RI 02895
Douglas Cahill	director, officer: COB, President and CEO	1040 CHANCERY LANE, NASHVILLED TN 37215
Scott Kelley Moore	officer: Chief Technology Officer	10590 HAMILTON AVE., CINCINNATI OH 45231
Leary Dan O	director	10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Ccmp Co-invest Iii A Gp, Llc	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Capital Investors Iii (employee), L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital Investors Iii, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Ccmp Capital Associates Iii Gp, Llc	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Capital Gp, Llc	10 percent owner	1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Ccmp Capital Associates Iii, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LP, 277 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10172
Ccmp Co-invest Iii A, L.p.	10 percent owner	C/O CCMP CAPITAL ADVISORS, LLC, 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Jarrod Streng	officer: See Remarks	10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012