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Lassonde Industries (Lassonde Industries) Gross Profit : $447 Mil (TTM As of Mar. 2024)


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What is Lassonde Industries Gross Profit?

Lassonde Industries's gross profit for the three months ended in Mar. 2024 was $111 Mil. Lassonde Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $447 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lassonde Industries's gross profit for the three months ended in Mar. 2024 was $111 Mil. Lassonde Industries's Revenue for the three months ended in Mar. 2024 was $421 Mil. Therefore, Lassonde Industries's Gross Margin % for the quarter that ended in Mar. 2024 was 26.25%.

Lassonde Industries had a gross margin of 26.25% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Lassonde Industries was 28.95%. The lowest was 24.33%. And the median was 27.75%.

Warning Sign:

Lassonde Industries Inc gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


Lassonde Industries Gross Profit Historical Data

The historical data trend for Lassonde Industries'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.

Lassonde Industries Gross Profit Chart

Lassonde Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 342.95 437.05 407.77 385.24 438.07

Lassonde Industries 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 99.85 114.65 108.09 113.68 110.50

Competitive Comparison of Lassonde Industries's Gross Profit

For the Beverages - Non-Alcoholic subindustry, Lassonde Industries'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.


Lassonde Industries's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lassonde Industries's Gross Profit distribution charts can be found below:

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



Lassonde Industries Gross Profit Calculation

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

Lassonde Industries'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
=1725.514 - 1287.442
=438

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=420.983 - 310.481
=111

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 $447 Mil.

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

Lassonde Industries'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
=111 / 420.983
=26.25 %

* 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.


Lassonde Industries  (OTCPK:LSDAF) 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

Lassonde Industries had a gross margin of 26.25% for the quarter that ended in Mar. 2024 => Competition eroding margins


Lassonde Industries Gross Profit Related Terms

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Lassonde Industries (Lassonde Industries) Business Description

Traded in Other Exchanges
Address
755 Principale Street, Rougemont, QC, CAN, J0L 1M0
Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store-brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The company operates through a single segment the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin. Lassonde has a presence in Canada and the United States. It earns the majority of the revenue in the United States.

Lassonde Industries (Lassonde Industries) Headlines

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