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Kardex Holding AG (Kardex Holding AG) Gross Profit : $256.5 Mil (TTM As of Dec. 2023)


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What is Kardex Holding AG Gross Profit?

Kardex Holding AG's gross profit for the six months ended in Dec. 2023 was $136.3 Mil. Kardex Holding AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $256.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kardex Holding AG's gross profit for the six months ended in Dec. 2023 was $136.3 Mil. Kardex Holding AG's Revenue for the six months ended in Dec. 2023 was $401.7 Mil. Therefore, Kardex Holding AG's Gross Margin % for the quarter that ended in Dec. 2023 was 33.93%.

Kardex Holding AG had a gross margin of 33.93% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Kardex Holding AG was 37.05%. The lowest was 31.42%. And the median was 35.90%.

Warning Sign:

Kardex Holding AG gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Kardex Holding AG Gross Profit Historical Data

The historical data trend for Kardex Holding AG'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.

Kardex Holding AG Gross Profit Chart

Kardex Holding AG 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 190.33 186.13 184.52 188.24 257.25

Kardex Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 99.55 86.15 101.91 120.15 136.31

Competitive Comparison of Kardex Holding AG's Gross Profit

For the Specialty Industrial Machinery subindustry, Kardex Holding AG'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.


Kardex Holding AG's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kardex Holding AG's Gross Profit distribution charts can be found below:

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



Kardex Holding AG Gross Profit Calculation

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

Kardex Holding AG'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
=766.521 - 509.269
=257.3

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=401.745 - 265.431
=136.3

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $256.5 Mil.

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

Kardex Holding AG'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
=136.3 / 401.745
=33.93 %

* 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.


Kardex Holding AG  (OTCPK:KRDXF) 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

Kardex Holding AG had a gross margin of 33.93% for the quarter that ended in Dec. 2023 => Competition eroding margins


Kardex Holding AG Gross Profit Related Terms

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Kardex Holding AG (Kardex Holding AG) Business Description

Traded in Other Exchanges
Address
Thurgauerstrasse 40, Zurich, CHE, 8050
Kardex Holding AG is engaged in providing automated storage solutions and materials handling systems. It operates in two divisions namely Kardex Remstar and Kardex Mlog. The Kardex Remstar division is active in the development, production, and maintenance of dynamic storage and retrieval systems, and the Kardex Mlog division develops and manufactures integrated materials handling systems and automated high-bay warehouses. It operates in various geographical regions which include Europe, the Americas, Asia/Pacific Middle East and Africa. The group generates the majority of its revenue from the Kardex Remstar segment.

Kardex Holding AG (Kardex Holding AG) Headlines

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