GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wabash National Corp (NYSE:WNC) » Definitions » Gross Margin %
中文

Wabash National (Wabash National) Gross Margin %

: 18.16% (As of Dec. 2023)
View and export this data going back to 1991. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Wabash National's Gross Profit for the three months ended in Dec. 2023 was $108 Mil. Wabash National's Revenue for the three months ended in Dec. 2023 was $596 Mil. Therefore, Wabash National's Gross Margin % for the quarter that ended in Dec. 2023 was 18.16%.


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

WNC' s Gross Margin % Range Over the Past 10 Years
Min: 10.78   Med: 13.06   Max: 19.64
Current: 19.64


During the past 13 years, the highest Gross Margin % of Wabash National was 19.64%. The lowest was 10.78%. And the median was 13.06%.

WNC's Gross Margin % is ranked worse than
65.37% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.22 vs WNC: 19.64

Wabash National had a gross margin of 18.16% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Wabash National was 6.50% per year.


Wabash National Gross Margin % Historical Data

The historical data trend for Wabash National'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.

Wabash National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.21 10.78 10.90 12.90 19.64

Wabash National 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 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 Premium Member Only Premium Member Only Premium Member Only 14.39 18.69 22.00 19.42 18.16

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Wabash National'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.


Wabash National Gross Margin % Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wabash National's Gross Margin % falls into.



Wabash National Gross Margin % Calculation

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

Wabash National'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 )
=498.2 / 2536.5
=(Revenue - Cost of Goods Sold) / Revenue
=(2536.5 - 2038.313) / 2536.5
=19.64 %

Wabash National'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 )
=108.2 / 596.1
=(Revenue - Cost of Goods Sold) / Revenue
=(596.1 - 487.877) / 596.1
=18.16 %

* 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.


Wabash National  (NYSE:WNC) 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

Wabash National had a gross margin of 18.16% for the quarter that ended in Dec. 2023 => No sustainable 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.


Wabash National Gross Margin % Related Terms

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


Wabash National (Wabash National) Business Description

Traded in Other Exchanges
Address
3900 McCarty Lane, Lafayette, IN, USA, 47905
Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics and distribution industries. The company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from the first to the final mile. It designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.
Executives
Larry J Magee director 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Mary Kristin Glazner officer: SVP Chief HR Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Michael N Pettit officer: SVP - Group President, FMP 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Dustin T Smith officer: SVP and Group President, CTP 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Kevin J Page officer: SVP and Group President, DPG 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Brent L Yeagy officer: Pres. of Commercial Trailer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Sudhanshu Shekhar Priyadarshi director 6425 HALL OF FAME LANE, FRISCO TX 75034
Trent Broberg director 3900 MCCARTY LANE, LAFAYETTE IN 47905
John E Kunz director 522 N. MACEWEN DRIVE, OSPREY FL 34229
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Therese M Bassett director 2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Taylor Stuart A Ii director
Andrew C Boynton director FULTON HALL 510, 140 COMMONWEALTH AVENUE, CHESTNUT HILL MA 02467
Melanie Margolin officer: SVP and General Counsel 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Richard J Giromini officer: Senior Vice President - COO

Wabash National (Wabash National) Headlines

From GuruFocus

Wabash to Show Lightweighting and Hybrid Solutions at Work Truck Week

By sperokesalga sperokesalga 02-28-2023

Wabash Schedules Fourth Quarter 2022 Earnings Conference Call

By Stock market mentor Stock market mentor 01-04-2023

Wabash Announces Quarterly Dividend

By sperokesalga sperokesalga 02-16-2023

Wabash Announces Quarterly Dividend

By Value_Insider Value_Insider 11-18-2022

Wabash Announces Quarterly Dividend

By Marketwired 08-17-2023

Wabash National Corporation Announces Quarterly Dividend

By PurpleRose PurpleRose 08-17-2022

Wabash National Corp's Dividend Analysis

By GuruFocus Research 01-02-2024