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BT Group (BT Group) Gross Profit : $18,404 Mil (TTM As of Sep. 2023)


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What is BT Group Gross Profit?

BT Group's gross profit for the six months ended in Sep. 2023 was $9,441 Mil. BT Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $18,404 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BT Group's gross profit for the six months ended in Sep. 2023 was $9,441 Mil. BT Group's Revenue for the six months ended in Sep. 2023 was $12,880 Mil. Therefore, BT Group's Gross Margin % for the quarter that ended in Sep. 2023 was 73.30%.

BT Group had a gross margin of 73.30% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of BT Group was 83.53%. The lowest was 64.20%. And the median was 71.12%.


BT Group Gross Profit Historical Data

The historical data trend for BT Group'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.

BT Group Gross Profit Chart

BT Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,274.05 19,451.73 20,385.58 20,436.10 18,407.77

BT Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 10,445.06 10,417.66 8,813.14 8,963.59 9,440.59

Competitive Comparison of BT Group's Gross Profit

For the Telecom Services subindustry, BT Group'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.


BT Group's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BT Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where BT Group's Gross Profit falls into.



BT Group Gross Profit Calculation

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

BT Group's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=25098.301 - 6690.534
=18,408

BT Group's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=12879.95 - 3439.356
=9,441

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $18,404 Mil.

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

BT Group'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
=9,441 / 12879.95
=73.30 %

* 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.


BT Group  (OTCPK:BTGOF) 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

BT Group had a gross margin of 73.30% for the quarter that ended in Sep. 2023 => Durable competitive advantage


BT Group Gross Profit Related Terms

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BT Group (BT Group) Business Description

Traded in Other Exchanges
Address
1 Braham Street, London, GBR, E1 8EE
BT Group is the incumbent telecommunications operator in the U.K. It is the owner of Openreach, the largest fixed-line network in the U.K. Openreach operates as a separate entity due to regulatory requirements but is still 100% owned by BT. Since 2020, Openreach has accelerated its fiber investments and expects to have 90% of the U.K. covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations while the global services division provides communications consultancy services.