East Japan Railway Co (East Japan Railway Co) Gross Profit : $6,605 Mil (TTM As of Dec. 2023)

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East Japan Railway Co Gross Profit Definition

East Japan Railway Co's gross profit for the three months ended in Dec. 2023 was $1,825 Mil. East Japan Railway Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $6,605 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. East Japan Railway Co's gross profit for the three months ended in Dec. 2023 was $1,825 Mil. East Japan Railway Co's Revenue for the three months ended in Dec. 2023 was $4,870 Mil. Therefore, East Japan Railway Co's Gross Margin % for the quarter that ended in Dec. 2023 was 37.48%.

East Japan Railway Co had a gross margin of 37.48% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of East Japan Railway Co was 35.99%. The lowest was 2.26%. And the median was 34.43%.

Warning Sign:

East Japan Railway Co gross margin has been in long-term decline. The average rate of decline per year is -14.6%.

East Japan Railway Co Gross Profit Historical Data

The historical data trend for East Japan Railway Co'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.

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East Japan Railway Co Gross Profit Chart

East Japan Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Profit

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9,721.74

9,408.02

367.44

3,229.11

5,369.46

East Japan Railway Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															1,390.89	1,419.77	1,627.82	1,732.08	1,825.42

Competitive Comparison of East Japan Railway Co's Gross Profit

For the Railroads subindustry, East Japan Railway Co'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.

East Japan Railway Co Gross Profit Distribution

For the Transportation industry and Industrials sector, East Japan Railway Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where East Japan Railway Co's Gross Profit falls into.

East Japan Railway Co Gross Profit Calculation

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

East Japan Railway Co's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	17996.862	-	12627.403
	=	5,369

East Japan Railway Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	4870.021	-	3044.599
	=	1,825

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,605 Mil.

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

East Japan Railway Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	1,825	/	4870.021
	=	37.48 %

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.

East Japan Railway Co (OTCPK:EJPRY) 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

East Japan Railway Co had a gross margin of 37.48% for the quarter that ended in Dec. 2023 => Competition eroding margins

East Japan Railway Co Gross Profit Related Terms

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East Japan Railway Co (East Japan Railway Co) Business Description

Industry

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Traded in Other Exchanges

9020:Japan EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.