Triumph Group (Triumph Group) Gross Margin % : 24.56% (As of Dec. 2023)

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What is Triumph Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Triumph Group's Gross Profit for the three months ended in Dec. 2023 was $70 Mil. Triumph Group's Revenue for the three months ended in Dec. 2023 was $285 Mil. Therefore, Triumph Group's Gross Margin % for the quarter that ended in Dec. 2023 was 24.56%.

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

TGI' s Gross Margin % Range Over the Past 10 Years
Min: 7.43 Med: 20.74 Max: 28.1
Current: 27.24

During the past 13 years, the highest Gross Margin % of Triumph Group was 28.10%. The lowest was 7.43%. And the median was 20.74%.

TGI's Gross Margin % is ranked better than
53.04% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.235 vs TGI: 27.24

Triumph Group had a gross margin of 24.56% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Triumph Group was 12.90% per year.

Triumph Group Gross Margin % Historical Data

The historical data trend for Triumph Group'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.

Triumph Group Gross Margin % Chart

Triumph Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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13.08

20.44

21.04

26.50

28.10

Triumph Group 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															27.38	29.69	26.41	26.17	24.56

Competitive Comparison of Triumph Group's Gross Margin %

For the Aerospace & Defense subindustry, Triumph Group'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.

Triumph Group's Gross Margin % Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Triumph Group's Gross Margin % falls into.

Triumph Group Gross Margin % Calculation

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

Triumph Group's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	387.5	/	1379.128
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1379.128 - 991.599)	/	1379.128
	=	28.10 %

Triumph Group'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 )
	=	70	/	284.955
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(284.955 - 214.972)	/	284.955
	=	24.56 %

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.

Triumph Group (NYSE:TGI) 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

Triumph Group had a gross margin of 24.56% 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.

Triumph Group Gross Margin % Related Terms

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Triumph Group (Triumph Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Triumph Group Inc (NYSE:TGI) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

TG7:Germany

Address

555 E Lancaster Avenue, Suite 400, Radnor, PA, USA, 19087

Website

https://www.triumphgroup.com

Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a worldwide customer base of players in the commercial, business, and military markets. The company operates under two operating segments: Systems and Support, which designs, develops, and supports proprietary components; and Interiors, which supplies commercial and regional manufacturers with aircraft interior systems.

Executives

Quigley Thomas A. Iii	officer: Vice President and Controller	C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Neal J Keating	director	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Mather Courtney	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Patrick E Allen	director	400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Daniel J Crowley	director, officer: President & CEO	870 WINTER STREET, WALTHAM MA 02451
Cynthia M Egnotovich	director
Kai W Kasiguran	officer: VP, Controller and PAO	899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Richard A Goglia	director	870 WINTER STREET, WALTHAM MA 02451
Wick Peter K. A.	officer: EVP, Aerospace Structures	899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Barbara Humpton	director	899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Repplier Colleen C	director	1205 KIMBALL BLVD., JASPER IN 47546
William L Mansfield	director	2301 INDUSTRIAL DR., NEENAH WI 54956
Adam Joseph Palmer	director	1001 PENNSYLVANIA AVENUE, NW, SUITE 220 S, WASHINGTON DC 20004
Paul Bourgon	director	1550 LIBERTY RIDGE DRIVE, SUITE 100, WAYNE PA 19464
Daniel P Garton	director	4333 AMON CARTER BLVD, FORT WORTH TX 76155