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Burnham Holdings (Burnham Holdings) Gross Profit : $45.1 Mil (TTM As of Sep. 2023)


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What is Burnham Holdings Gross Profit?

Burnham Holdings's gross profit for the three months ended in Sep. 2023 was $12.2 Mil. Burnham Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $45.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Burnham Holdings's gross profit for the three months ended in Sep. 2023 was $12.2 Mil. Burnham Holdings's Revenue for the three months ended in Sep. 2023 was $59.7 Mil. Therefore, Burnham Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 20.46%.

Burnham Holdings had a gross margin of 20.46% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Burnham Holdings was 23.81%. The lowest was 16.03%. And the median was 21.11%.

Warning Sign:

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


Burnham Holdings Gross Profit Historical Data

The historical data trend for Burnham Holdings'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.

Burnham Holdings Gross Profit Chart

Burnham Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.65 45.52 38.48 35.02 45.68

Burnham Holdings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 7.59 10.81 18.91 13.98 12.22

Competitive Comparison of Burnham Holdings's Gross Profit

For the Building Products & Equipment subindustry, Burnham Holdings'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.


Burnham Holdings's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Burnham Holdings's Gross Profit distribution charts can be found below:

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



Burnham Holdings Gross Profit Calculation

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

Burnham Holdings's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=240.547 - 194.871
=45.7

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

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=59.705 - 47.489
=12.2

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 $45.1 Mil.

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

Burnham Holdings'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
=12.2 / 59.705
=20.46 %

* 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.


Burnham Holdings  (OTCPK:BURCA) 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

Burnham Holdings had a gross margin of 20.46% for the quarter that ended in Sep. 2023 => Competition eroding margins


Burnham Holdings Gross Profit Related Terms

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Burnham Holdings (Burnham Holdings) Business Description

Traded in Other Exchanges
Address
1241 Harrisburg Pike, P.O. Box 3245, Lancaster, PA, USA, 17603
Burnham Holdings Inc provides thermal and interior comfort solutions used in a range of residential, commercial, and industrial applications to the heating, ventilating and air conditioning industry. Its subsidiaries design, manufacture and sale of boilers and related heating ventilating and air conditioning products and accessories. The firm sells and markets its products under brand names such as Alpine, K2, Phantom and Raptor, and others. Its products include boilers, boiler room accessories, advanced control systems, furnaces, radiators, air conditioning systems etc. The firm derives majority of its revenues from sales in the United States.