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Kesko Oyj (Kesko Oyj) Gross Profit : $1,795 Mil (TTM As of Mar. 2024)


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What is Kesko Oyj Gross Profit?

Kesko Oyj's gross profit for the three months ended in Mar. 2024 was $408 Mil. Kesko Oyj's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,795 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kesko Oyj's gross profit for the three months ended in Mar. 2024 was $408 Mil. Kesko Oyj's Revenue for the three months ended in Mar. 2024 was $2,999 Mil. Therefore, Kesko Oyj's Gross Margin % for the quarter that ended in Mar. 2024 was 13.61%.

Kesko Oyj had a gross margin of 13.61% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Kesko Oyj was 14.75%. The lowest was 13.12%. And the median was 14.21%.


Kesko Oyj Gross Profit Historical Data

The historical data trend for Kesko Oyj'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.

Kesko Oyj Gross Profit Chart

Kesko Oyj 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 1,699.78 1,841.85 1,862.15 1,844.81 1,828.57

Kesko Oyj 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 421.73 479.85 445.46 460.96 408.37

Competitive Comparison of Kesko Oyj's Gross Profit

For the Grocery Stores subindustry, Kesko Oyj'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.


Kesko Oyj's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kesko Oyj's Gross Profit falls into.



Kesko Oyj Gross Profit Calculation

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

Kesko Oyj'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
=12850.382 - 11021.811
=1,829

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2999.457 - 2591.087
=408

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 $1,795 Mil.

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

Kesko Oyj'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
=408 / 2999.457
=13.61 %

* 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.


Kesko Oyj  (OTCPK:KKOYF) 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

Kesko Oyj had a gross margin of 13.61% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Kesko Oyj Gross Profit Related Terms

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Kesko Oyj (Kesko Oyj) Business Description

Address
Tyopajankatu 12, Helsinki, FIN, 00580
Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.

Kesko Oyj (Kesko Oyj) Headlines

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