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ATS (ATS) Gross Profit : $603 Mil (TTM As of Sep. 2023)


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What is ATS Gross Profit?

ATS's gross profit for the three months ended in Sep. 2023 was $154 Mil. ATS's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $603 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ATS's gross profit for the three months ended in Sep. 2023 was $154 Mil. ATS's Revenue for the three months ended in Sep. 2023 was $544 Mil. Therefore, ATS's Gross Margin % for the quarter that ended in Sep. 2023 was 28.33%.

ATS had a gross margin of 28.33% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of ATS was 28.45%. The lowest was 24.80%. And the median was 26.20%.


ATS Gross Profit Historical Data

The historical data trend for ATS'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.

* Premium members only.

ATS Gross Profit Chart

ATS Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 259.41 305.72 483.75 530.45 632.02

ATS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Gross Profit 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 135.21 154.14 160.11 154.03 -

Competitive Comparison of ATS's Gross Profit

For the Specialty Industrial Machinery subindustry, ATS'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.


ATS's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATS's Gross Profit distribution charts can be found below:

* The bar in red indicates where ATS's Gross Profit falls into.



ATS Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

ATS's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=2240.605 - 1608.584
=632

ATS's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=543.726 - 389.696
=154

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $603 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

ATS's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=154 / 543.726
=28.33 %

* 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.


ATS  (NYSE:ATS) Gross Profit 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

ATS had a gross margin of 28.33% for the quarter that ended in Sep. 2023 => Competition eroding margins


ATS Gross Profit Related Terms

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ATS (ATS) Business Description

Traded in Other Exchanges
Address
730 Fountain Street North, Building 2, Cambridge, ON, CAN, N3H 4R7
ATS Corp is a Canada-based company that provides automation systems. The company designs and builds customized automated manufacturing and testing systems for customers, and provides pre- and post-automation services. The company's products comprise conveyor systems, automated electrified monorails, tray handlers, laser systems, and other hardware and software products. The company also provides pre-automation solutions, including strategic direction and planning services, as well as aftermarket support. The company's clients come from the life sciences, food and beverage transportation, consumer products and electronics, and energy sectors. The company generates the majority of its sales from the North American and European markets.