Electro-Sensors's gross profit for the
three
months ended in Dec. 2023 was $1.16 Mil. Electro-Sensors's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $4.25 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Electro-Sensors's gross profit for the
three
months ended in Dec. 2023 was $1.16 Mil. Electro-Sensors's Revenue for the
three
months ended in Dec. 2023 was $2.32 Mil. Therefore, Electro-Sensors's Gross Margin % for the quarter that ended in Dec. 2023 was 50.17%.
Electro-Sensors had a gross margin of 50.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Electro-Sensors was 58.03%. The lowest was 49.62%. And the median was 54.07%.
Electro-Sensors Gross Profit Historical Data
The historical data trend for Electro-Sensors's Gross Profit 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.
Competitive Comparison of Electro-Sensors's Gross Profit
For the Scientific & Technical Instruments subindustry, Electro-Sensors's Gross Profit, along with its competitors' market caps and Gross Profit 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.
Electro-Sensors's Gross Profit Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Electro-Sensors's Gross Profit distribution charts can be found below:
* The bar in red indicates where Electro-Sensors's Gross Profit falls into.
Electro-Sensors Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Electro-Sensors's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.25 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Electro-Sensors had a gross margin of 50.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage
Electro-Sensors Gross Profit Related Terms
Thank you for viewing the detailed overview of Electro-Sensors's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Electro-Sensors (Electro-Sensors) Business Description
Electro-Sensors Inc is engaged in manufacturing and selling a variety of monitoring systems that measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. Its speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by a customer. It also includes a line of products that measure production counts or rates, such as parts, gallons, or board feet, alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays that are usable by the customer.
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