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Con-way (Con-way) Gross Profit : $3,694 Mil (TTM As of Jun. 2015)


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What is Con-way Gross Profit?

Con-way's gross profit for the three months ended in Jun. 2015 was $974 Mil. Con-way's gross profit for the trailing twelve months (TTM) ended in Jun. 2015 was $3,694 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Con-way's gross profit for the three months ended in Jun. 2015 was $974 Mil. Con-way's Revenue for the three months ended in Jun. 2015 was $1,427 Mil. Therefore, Con-way's Gross Margin % for the quarter that ended in Jun. 2015 was 68.21%.

Con-way had a gross margin of 68.21% for the quarter that ended in Jun. 2015 => Durable competitive advantage


Con-way Gross Profit Historical Data

The historical data trend for Con-way'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.

Con-way Gross Profit Chart

Con-way Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,979.98 3,096.07 3,251.59 3,365.01 3,595.63

Con-way Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 958.49 932.67 904.11 883.81 973.56

Competitive Comparison of Con-way's Gross Profit

For the Trucking subindustry, Con-way'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.


Con-way's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Con-way's Gross Profit distribution charts can be found below:

* The bar in red indicates where Con-way's Gross Profit falls into.



Con-way Gross Profit Calculation

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

Con-way's Gross Profit for the fiscal year that ended in Dec. 2014 is calculated as

Gross Profit (A: Dec. 2014 )=Revenue - Cost of Goods Sold
=5806.069 - 2210.442
=3,596

Con-way's Gross Profit for the quarter that ended in Jun. 2015 is calculated as

Gross Profit (Q: Jun. 2015 )=Revenue - Cost of Goods Sold
=1427.314 - 453.759
=974

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,694 Mil.

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

Con-way's Gross Margin % for the quarter that ended in Jun. 2015 is calculated as

Gross Margin % (Q: Jun. 2015 )=Gross Profit (Q: Jun. 2015 ) / Revenue (Q: Jun. 2015 )
=(Revenue - Cost of Goods Sold) / Revenue
=974 / 1427.314
=68.21 %

* 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.


Con-way  (NYSE:CNW) 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

Con-way had a gross margin of 68.21% for the quarter that ended in Jun. 2015 => Durable competitive advantage


Con-way Gross Profit Related Terms

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Con-way (Con-way) Business Description

Traded in Other Exchanges
N/A
Address
Con-way Inc was incorporated in Delaware in 1958. The Company and its subsidiaries provide transportation, logistics and supply-chain management services to various manufacturing, industrial and retail customers. Its business units operate in regional, inter-regional and transcontinental less-than-truckload and full-truckload freight transportation, contract logistics and supply-chain management, multimodal freight brokerage, and trailer manufacturing. The Company operates under three reporting segments: Freight, Logistics and Truckload. The Freight segment consists of the operating results of the Con-way Freight business unit. Con-way Freight is a less-than-truckload motor carrier that utilizes a network of freight service centers to provide day-definite regional, inter-regional and transcontinental less-than-truckload freight services throughout North America. LTL carriers transport shipments from multiple shippers utilizing a network of freight service centers combined with a fleet of linehaul and pickup-and-delivery tractors and trailers. LTL shipments weigh between 100 and 15,000 pounds. In 2013, Con-way Freight's average weight per shipment was 1,334 pounds. The Logistics segment consists of the operating results of the Menlo Worldwide Logistics business unit. Menlo develops contract-logistics solutions, which include managing complex distribution networks, and providing supply-chain engineering and consulting, and multimodal freight brokerage services. Menlo's supply-chain management offerings are mainly related to transportation-management and contract-warehousing services. The Truckload segment consists of the operating results of the Con-way Truckload business unit. Con-way Truckload is a full-truckload motor carrier that utilizes a fleet of tractors and trailers to provide short- and long-haul, asset-based transportation services throughout North America. Con-way Truckload provides dry-van transportation services to manufacturing, industrial and retail customers while using single drivers as well as two-person driver teams over long-haul routes, with each trailer containing only one customer's goods. On average, Con-way Truckload transports shipments more than 800 miles from origin to destination. Under its regional service offering, Con-way Truckload transports truckload shipments between 100 and 600 miles, including local-area service for truckload shipments of less than 100 miles. It competes with regional and national LTL companies, some of which are subsidiaries of integrated transportation service providers, domestic and foreign logistics companies, truckload carriers, railroads and private fleets. The Company is subject to various federal, state and local, as well as foreign, laws and regulations that apply to its business activities.
Executives
John C Pope director 810 S. RIDGE RD, LAKE FOREST IL 60045
Gretchen W Mcclain director XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Phipps Paul Cody director 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 48105
Stephen K Krull officer: EVP General Counsel&Secretary CON-WAY INC., 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 48105
Wayne Shurts director SYSCO CORPORATION, 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Roy W Templin director ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Michael Joseph Morris officer: SVP Finance & Treasurer 2211 OLD EARHART ROAD, SUITE 100, ANN ARBOR MI 19034
Matthew J Espe director
Stephen L Bruffett officer: EVP & CFO 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Douglas Stotlar officer: President & CEO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Herbert J Schmidt officer: Executive Vice President 1950 LAKE RIDGE DRIVE, THE VILLAGES FL 32162
William R Corbin director CON-WAY INC., 2211 OLD EARHART ROAD, ANN ARBOR MI 48105
Jennifer Pileggi officer: EVP, General Counsel & Sec CNF INC., 2855 CAMPUS DRIVE, SAN MATEO CA 94403
Robert Paul Wayman director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
John H Williford officer: Senior VP STEUART TOWER, 1 MARKET PLAZA, SUITE 900, SAN FRANCISCO CA 94105