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BT Brands (BT Brands) Gross Profit : $2.97 Mil (TTM As of Mar. 2024)


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What is BT Brands Gross Profit?

BT Brands's gross profit for the three months ended in Mar. 2024 was $0.53 Mil. BT Brands's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $2.97 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BT Brands's gross profit for the three months ended in Mar. 2024 was $0.53 Mil. BT Brands's Revenue for the three months ended in Mar. 2024 was $3.19 Mil. Therefore, BT Brands's Gross Margin % for the quarter that ended in Mar. 2024 was 16.46%.

BT Brands had a gross margin of 16.46% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of BT Brands was 33.49%. The lowest was 20.91%. And the median was 28.39%.

Warning Sign:

BT Brands Inc gross margin has been in long-term decline. The average rate of decline per year is -3.4%.


BT Brands Gross Profit Historical Data

The historical data trend for BT Brands'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.

BT Brands Gross Profit Chart

BT Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 1.77 2.73 2.78 3.62 3.02

BT Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.58 0.98 1.05 0.42 0.53

Competitive Comparison of BT Brands's Gross Profit

For the Restaurants subindustry, BT Brands'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.


BT Brands's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, BT Brands's Gross Profit distribution charts can be found below:

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



BT Brands Gross Profit Calculation

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

BT Brands's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=14.077 - 11.056
=3.02

BT Brands's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3.19 - 2.665
=0.53

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.97 Mil.

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

BT Brands's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.53 / 3.19
=16.46 %

* 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.


BT Brands  (NAS:BTBD) 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

BT Brands had a gross margin of 16.46% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


BT Brands Gross Profit Related Terms

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BT Brands (BT Brands) Business Description

Traded in Other Exchanges
N/A
Address
405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078
BT Brands Inc operates and owns a fast-food restaurant called Burger Time. The company also operates in Minnesota as a franchisee of Dairy Queen. It offers a variety of burgers and other affordably priced foods such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks.
Executives
Gary Copperud director, 10 percent owner, officer: Chief Executive Officer 405 WEST MAIN STREET, WEST FARGO ND 58078
Allan D Anderson director 950 BLUFF CIRCLE NORTH, CHASKA MN 55318
Terri Tochihara-dirks director 405 WEST MAIN AVENUE, SUITE 20, WEST FARGO ND 58078
Steven W Schussler director 720 S FIFTH STREET, HOPKINS MN 55343
Jeffrey A Zinnecker director, 10 percent owner 405 WEST MAIN STREET, WEST FARGO ND 58078
Kenneth William Brimmer director, officer: Chief Operating Officer SUITE 102, 10501 WAYZATA BLVD., MINNETONKA MN 55305
Sally Copperud 10 percent owner 405 WEST MAIN, WEST FARGO ND 58078