Finning International Inc
TSX:FTT
Gross Margin
Finning International Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
|
Finning International Inc
TSX:FTT
|
6.9B CAD |
22%
|
|
| JP |
|
Jalux Inc
TSE:2729
|
39.5T JPY |
34%
|
|
| JP |
|
Mitsubishi Corp
TSE:8058
|
11.5T JPY |
10%
|
|
| JP |
|
Itochu Corp
TSE:8001
|
10.8T JPY |
16%
|
|
| JP |
|
Mitsui & Co Ltd
TSE:8031
|
8.5T JPY |
9%
|
|
| US |
|
W W Grainger Inc
NYSE:GWW
|
53B USD |
39%
|
|
| US |
W
|
WW Grainger Inc
XMUN:GWW
|
46.1B EUR |
39%
|
|
| US |
|
Fastenal Co
NASDAQ:FAST
|
47.6B USD |
45%
|
|
| US |
|
United Rentals Inc
NYSE:URI
|
47.2B USD |
40%
|
|
| US |
|
Ferguson Enterprises Inc
NYSE:FERG
|
36.9B USD |
30%
|
|
| IN |
|
Adani Enterprises Ltd
NSE:ADANIENT
|
2.9T INR |
48%
|
Finning International Inc
Glance View
In the vast realm of heavy equipment, Finning International Inc. emerges as a stalwart, renowned for steering the machinery landscape primarily through its extensive dealership of Caterpillar (CAT) products. Founded in 1933, this Canadian enterprise has grown into the world's largest Caterpillar equipment dealer. Positioned strategically in robust markets across Canada, South America, and the UK, Finning thrives by providing machinery essential for industries ranging from mining and construction to forestry and energy. The heart of their business lies in not just selling equipment, but also in fortifying customer operations through a comprehensive mix of services, including maintenance, repairs, and equipment rentals. This service-centric approach enhances customer loyalty and strengthens recurring revenue streams, meaning every bulldozer or loader purchase often paves the way for sustained service relationships. Finning's prowess in adapting to the evolving needs of its clients lies in leveraging the Caterpillar brand’s reputation for durability and innovation. As the company navigates dynamic economic landscapes, it has honed its focus on digital transformation and sustainability. By integrating advanced data analytics, Finning aids its customers in optimizing machinery usage and reducing operational costs. The rise of autonomous machinery and eco-friendly solutions also propels the company to the forefront of the industry, helping clients increase efficiency while meeting regulatory demands for sustainable practices. Through these strategies, Finning not only sells iron but also delivers value-added insights, ensuring its dominant presence in the marketplace is paralleled by strong financial performance.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Finning International Inc's most recent financial statements, the company has Gross Margin of 22.1%.
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