GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rank Group (The) PLC (OTCPK:RANKF) » Definitions » Gross Profit

Rank Group (The) (Rank Group (The)) Gross Profit : $201.2 Mil (TTM As of Jun. 2023)


View and export this data going back to . Start your Free Trial

What is Rank Group (The) Gross Profit?

Rank Group (The)'s gross profit for the six months ended in Jun. 2023 was $158.5 Mil. Rank Group (The)'s gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $201.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rank Group (The)'s gross profit for the six months ended in Jun. 2023 was $158.5 Mil. Rank Group (The)'s Revenue for the six months ended in Jun. 2023 was $433.1 Mil. Therefore, Rank Group (The)'s Gross Margin % for the quarter that ended in Jun. 2023 was 36.59%.

Rank Group (The) had a gross margin of 36.59% for the quarter that ended in Jun. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Rank Group (The) was 46.25%. The lowest was 7.34%. And the median was 44.32%.

Warning Sign:

Rank Group (The) PLC gross margin has been in long-term decline. The average rate of decline per year is -15.2%.


Rank Group (The) Gross Profit Historical Data

The historical data trend for Rank Group (The)'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.

Rank Group (The) Gross Profit Chart

Rank Group (The) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 401.65 333.04 33.94 285.35 202.78

Rank Group (The) Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -25.81 194.28 105.42 42.75 158.46

Competitive Comparison of Rank Group (The)'s Gross Profit

For the Gambling subindustry, Rank Group (The)'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.


Rank Group (The)'s Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rank Group (The)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Rank Group (The)'s Gross Profit falls into.



Rank Group (The) Gross Profit Calculation

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

Rank Group (The)'s Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=860.985 - 658.207
=202.8

Rank Group (The)'s Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=433.081 - 274.621
=158.5

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $201.2 Mil.

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

Rank Group (The)'s Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=158.5 / 433.081
=36.59 %

* 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.


Rank Group (The)  (OTCPK:RANKF) 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

Rank Group (The) had a gross margin of 36.59% for the quarter that ended in Jun. 2023 => Competition eroding margins


Rank Group (The) Gross Profit Related Terms

Thank you for viewing the detailed overview of Rank Group (The)'s Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Rank Group (The) (Rank Group (The)) Business Description

Traded in Other Exchanges
Address
TOR, Saint-Cloud Way, Maidenhead, GBR, SL6 8BN
Rank Group (The) PLC is a gambling company with five primary business segments: Grosvenor Venues, Mecca Venues, Digital, Enracha Venues, and Central Costs. Its largest revenue producer is Grosvenor Casinos, a multichannel casino operator in the United Kingdom, which operates a variety of casino and slot machine games. Mecca is a multichannel bingo chain that also operates in the U.K. Enracha is the company's gaming business, which operates in the Spanish market. Rank's digital business segment offers online sports betting and online poker. The company generates most of its revenue in the United Kingdom.

Rank Group (The) (Rank Group (The)) Headlines