IHS Holding (IHS Holding) Gross Profit : $942 Mil (TTM As of Dec. 2023)

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What is IHS Holding Gross Profit?

IHS Holding's gross profit for the three months ended in Dec. 2023 was $276 Mil. IHS Holding's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $942 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. IHS Holding's gross profit for the three months ended in Dec. 2023 was $276 Mil. IHS Holding's Revenue for the three months ended in Dec. 2023 was $510 Mil. Therefore, IHS Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 54.19%.

IHS Holding had a gross margin of 54.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of IHS Holding was 44.33%. The lowest was 34.12%. And the median was 40.63%.

IHS Holding Gross Profit Historical Data

The historical data trend for IHS Holding'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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IHS Holding Gross Profit Chart

IHS Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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420.09

564.73

672.34

804.30

942.23

IHS Holding Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial												187.96	295.64	268.11	101.99	276.25

Competitive Comparison of IHS Holding's Gross Profit

For the Telecom Services subindustry, IHS Holding'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.

IHS Holding's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, IHS Holding's Gross Profit distribution charts can be found below:

* The bar in red indicates where IHS Holding's Gross Profit falls into.

IHS Holding Gross Profit Calculation

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

IHS Holding'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
	=	2125.539	-	1183.306
	=	942

IHS Holding's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	509.784	-	233.532
	=	276

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 $942 Mil.

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

IHS Holding'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
	=	276	/	509.784
	=	54.19 %

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.

IHS Holding (NYSE:IHS) 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

IHS Holding had a gross margin of 54.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage

IHS Holding Gross Profit Related Terms

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IHS Holding (IHS Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IHS Holding Ltd (NYSE:IHS) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

4JB:Germany

Address

123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP

Website

https://www.ihstowers.com

IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, most of who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria, Sub-Saharan Africa, Middle East and North Africa (MENA), and Latin America (Latam). The majority of its revenue is derived from Nigeria.