GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mears Group PLC (LSE:MER) » Definitions » Gross-Profit-to-Asset %

Mears Group (LSE:MER) Gross-Profit-to-Asset % : 34.03% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Mears Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mears Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was £230 Mil. Mears Group's average Total Assets over the quarter that ended in Dec. 2023 was £677 Mil. Therefore, Mears Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 34.03%.


Mears Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Mears Group's Gross-Profit-to-Asset % 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.

Mears Group Gross-Profit-to-Asset % Chart

Mears Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.26 22.82 27.56 30.94 32.88

Mears Group 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-to-Asset % 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 28.42 30.55 29.98 32.23 34.03

Competitive Comparison of Mears Group's Gross-Profit-to-Asset %

For the Personal Services subindustry, Mears Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Mears Group's Gross-Profit-to-Asset % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mears Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mears Group's Gross-Profit-to-Asset % falls into.



Mears Group Gross-Profit-to-Asset % Calculation

Mears Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=218.77/( (630.865+700.01)/ 2 )
=218.77/665.4375
=32.88 %

Mears Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=230.446/( (654.35+700.01)/ 2 )
=230.446/677.18
=34.03 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Mears Group Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Mears Group's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mears Group (LSE:MER) Business Description

Traded in Other Exchanges
Address
1390 Montpellier Court, Gloucester Business Park, Brockworth, Gloucester, GBR, GL3 4AH
Mears Group PLC is a UK-based company engaged in providing social housing repairs and maintenance. It provides services consisting of full housing management solutions, provision of a range of outsourced services to the public and private sectors, repairs, and maintenance, turnkey solutions for energy efficiency, development of new homes, and home improvements.

Mears Group (LSE:MER) Headlines

No Headlines