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Spectrum Brands Holdings (Spectrum Brands Holdings) Gross Profit : $967 Mil (TTM As of Dec. 2023)


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What is Spectrum Brands Holdings Gross Profit?

Spectrum Brands Holdings's gross profit for the three months ended in Dec. 2023 was $245 Mil. Spectrum Brands Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $967 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Spectrum Brands Holdings's gross profit for the three months ended in Dec. 2023 was $245 Mil. Spectrum Brands Holdings's Revenue for the three months ended in Dec. 2023 was $692 Mil. Therefore, Spectrum Brands Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 35.38%.

Spectrum Brands Holdings had a gross margin of 35.38% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Spectrum Brands Holdings was 41.03%. The lowest was 31.62%. And the median was 34.77%.

Warning Sign:

Spectrum Brands Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Spectrum Brands Holdings Gross Profit Historical Data

The historical data trend for Spectrum Brands Holdings'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.

Spectrum Brands Holdings Gross Profit Chart

Spectrum Brands Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 819.60 878.10 1,034.60 990.40 924.30

Spectrum Brands Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 201.90 214.50 263.50 244.40 244.90

Competitive Comparison of Spectrum Brands Holdings's Gross Profit

For the Household & Personal Products subindustry, Spectrum Brands Holdings'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.


Spectrum Brands Holdings's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Spectrum Brands Holdings's Gross Profit falls into.



Spectrum Brands Holdings Gross Profit Calculation

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

Spectrum Brands Holdings's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=2918.8 - 1994.5
=924

Spectrum Brands Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=692.2 - 447.3
=245

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 $967 Mil.

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

Spectrum Brands Holdings'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
=245 / 692.2
=35.38 %

* 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.


Spectrum Brands Holdings  (NYSE:SPB) 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

Spectrum Brands Holdings had a gross margin of 35.38% for the quarter that ended in Dec. 2023 => Competition eroding margins


Spectrum Brands Holdings Gross Profit Related Terms

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Spectrum Brands Holdings (Spectrum Brands Holdings) Business Description

Traded in Other Exchanges
Address
3001 Deming Way, Middleton, WI, USA, 53562
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
Executives
David M Maura director, officer: Executive Chairman and CEO C/O MOSAIC ACQUISITION CORP., 375 PARK AVENUE, NEW YORK NY 10152
Ehsan Zargar officer: EVP, GC & Corporate Secretary C/O HRG GROUP, INC., 450 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
Leslie Lloyd Campbell director C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Daniel L Karpel officer: VP, Corporate Controller & CAO 3001 DEMING WAY, MIDDLETON WI 53562
Jeremy W Smeltser officer: EVP & CFO 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Rebeckah Long officer: SVP & Global HR C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Randal D. Lewis officer: EVP & COO C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Sherianne James director C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Hugh R Rovit director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Terry Polistina director 5980 MIAMI LAKES DRIVE, MIAMI LAKES FL 33014
Anne Sempowski Ward director C/O VANDA PHARMACEUTICALS INC., 2200 PENNSYLVANIA AVENUE, SUITE 300E, WASHINGTON DC 20037
Gautam Patel director C/O AMNEAL PHARMACEUTICALS LLC, 400 CROSSING BLVD, BRIDGEWATER NJ 08807
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
David Harris director 237 PARK AVENUE - SUITE 900, NEW YORK NY 10017