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Orbia AdvanceB de CV (Orbia AdvanceB de CV) Gross Profit : $2,302 Mil (TTM As of Sep. 2023)


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What is Orbia AdvanceB de CV Gross Profit?

Orbia AdvanceB de CV's gross profit for the three months ended in Sep. 2023 was $497 Mil. Orbia AdvanceB de CV's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $2,302 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Orbia AdvanceB de CV's gross profit for the three months ended in Sep. 2023 was $497 Mil. Orbia AdvanceB de CV's Revenue for the three months ended in Sep. 2023 was $1,976 Mil. Therefore, Orbia AdvanceB de CV's Gross Margin % for the quarter that ended in Sep. 2023 was 25.15%.

Orbia AdvanceB de CV had a gross margin of 25.15% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Orbia AdvanceB de CV was 29.91%. The lowest was 20.18%. And the median was 26.72%.


Orbia AdvanceB de CV Gross Profit Historical Data

The historical data trend for Orbia AdvanceB de CV'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.

Orbia AdvanceB de CV Gross Profit Chart

Orbia AdvanceB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,998.64 1,872.94 1,769.00 2,627.00 2,569.00

Orbia AdvanceB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 524.00 509.00 660.00 636.00 497.00

Competitive Comparison of Orbia AdvanceB de CV's Gross Profit

For the Chemicals subindustry, Orbia AdvanceB de CV'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.


Orbia AdvanceB de CV's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orbia AdvanceB de CV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Orbia AdvanceB de CV's Gross Profit falls into.



Orbia AdvanceB de CV Gross Profit Calculation

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

Orbia AdvanceB de CV's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=9648 - 7079
=2,569

Orbia AdvanceB de CV's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1976 - 1479
=497

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,302 Mil.

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

Orbia AdvanceB de CV's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=497 / 1976
=25.15 %

* 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.


Orbia AdvanceB de CV  (OTCPK:MXCHY) 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

Orbia AdvanceB de CV had a gross margin of 25.15% for the quarter that ended in Sep. 2023 => Competition eroding margins


Orbia AdvanceB de CV Gross Profit Related Terms

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Orbia AdvanceB de CV (Orbia AdvanceB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Paseo de la Reforma 483, Piso 47, Colonia Cuauhtemoc, Alcaldía Cuauhtemoc, Ciudad de México, MEX, MEX, 06500
Orbia Advance Corp SAB de CV manufactures and sells a variety of chemical-based products and energy. The firm's operating segments are included in five business groups: i) Building and Infrastructure (under the Wavin brand), ii) Connectivity Solutions (under the Dura-Line brand), iii) Precision Agriculture (under the Netafim brand), iv) Fluorinated Solutions (under the Koura brand), and v) Polymer Solutions (under the Vestolit and Alphagary brands). The majority of revenue comes from the USA and Europe.