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Canfor Pulp Products (TSX:CFX) Gross Profit : C$95.4 Mil (TTM As of Mar. 2024)


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What is Canfor Pulp Products Gross Profit?

Canfor Pulp Products's gross profit for the three months ended in Mar. 2024 was C$35.5 Mil. Canfor Pulp Products's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$95.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Canfor Pulp Products's gross profit for the three months ended in Mar. 2024 was C$35.5 Mil. Canfor Pulp Products's Revenue for the three months ended in Mar. 2024 was C$222.3 Mil. Therefore, Canfor Pulp Products's Gross Margin % for the quarter that ended in Mar. 2024 was 15.97%.

Canfor Pulp Products had a gross margin of 15.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Canfor Pulp Products was 36.63%. The lowest was 11.16%. And the median was 28.47%.

Warning Sign:

Canfor Pulp Products Inc gross margin has been in long-term decline. The average rate of decline per year is -14.9%.


Canfor Pulp Products Gross Profit Historical Data

The historical data trend for Canfor Pulp Products'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.

Canfor Pulp Products Gross Profit Chart

Canfor Pulp Products 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 229.50 186.00 282.80 218.80 101.00

Canfor Pulp Products 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 41.10 23.50 4.00 32.40 35.50

Competitive Comparison of Canfor Pulp Products's Gross Profit

For the Paper & Paper Products subindustry, Canfor Pulp Products'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.


Canfor Pulp Products's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Canfor Pulp Products's Gross Profit distribution charts can be found below:

* The bar in red indicates where Canfor Pulp Products's Gross Profit falls into.



Canfor Pulp Products Gross Profit Calculation

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

Canfor Pulp Products'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
=875.5 - 774.5
=101.0

Canfor Pulp Products's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=222.3 - 186.8
=35.5

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 C$95.4 Mil.

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

Canfor Pulp Products'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
=35.5 / 222.3
=15.97 %

* 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.


Canfor Pulp Products  (TSX:CFX) 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

Canfor Pulp Products had a gross margin of 15.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Canfor Pulp Products Gross Profit Related Terms

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Canfor Pulp Products (TSX:CFX) Business Description

Traded in Other Exchanges
Address
100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2
Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates Majority of the revenue. Canfor Pulp's NBSK pulp customers are typically manufacturers of tissue paper, specialty paper, and printing and writing paper. Majority of Canfor Pulp's revenue comes from Asia. The majority of the company's shares are owned by Canfor Corporation.

Canfor Pulp Products (TSX:CFX) Headlines

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