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DWS Group GmbH KGaA (CHIX:DWSD) Gross Profit : €1,727 Mil (TTM As of Mar. 2024)


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What is DWS Group GmbH KGaA Gross Profit?

DWS Group GmbH KGaA's gross profit for the three months ended in Mar. 2024 was €382 Mil. DWS Group GmbH KGaA's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €1,727 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. DWS Group GmbH KGaA's gross profit for the three months ended in Mar. 2024 was €382 Mil. DWS Group GmbH KGaA's Revenue for the three months ended in Mar. 2024 was €609 Mil. Therefore, DWS Group GmbH KGaA's Gross Margin % for the quarter that ended in Mar. 2024 was 62.73%.

DWS Group GmbH KGaA had a gross margin of 62.73% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of DWS Group GmbH KGaA was 69.70%. The lowest was 39.63%. And the median was 48.30%.


DWS Group GmbH KGaA Gross Profit Historical Data

The historical data trend for DWS Group GmbH KGaA'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.

DWS Group GmbH KGaA Gross Profit Chart

DWS Group GmbH KGaA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,515.00 1,506.00 1,904.00 1,861.00 1,700.00

DWS Group GmbH KGaA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 368.00 401.00 402.00 542.00 382.00

Competitive Comparison of DWS Group GmbH KGaA's Gross Profit

For the Asset Management subindustry, DWS Group GmbH KGaA'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.


DWS Group GmbH KGaA's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Group GmbH KGaA's Gross Profit distribution charts can be found below:

* The bar in red indicates where DWS Group GmbH KGaA's Gross Profit falls into.



DWS Group GmbH KGaA Gross Profit Calculation

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

DWS Group GmbH KGaA's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3695 - 1995
=1,700

DWS Group GmbH KGaA's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=609 - 227
=382

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,727 Mil.

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

DWS Group GmbH KGaA's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=382 / 609
=62.73 %

* 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.


DWS Group GmbH KGaA  (CHIX:DWSd) 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

DWS Group GmbH KGaA had a gross margin of 62.73% for the quarter that ended in Mar. 2024 => Durable competitive advantage


DWS Group GmbH KGaA Gross Profit Related Terms

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DWS Group GmbH KGaA (CHIX:DWSD) Business Description

Traded in Other Exchanges
Address
Mainzer Landstrasse 11-17, Frankfurt am Main, HE, DEU, 60329
Until 2018, DWS was fully owned by Deutsche Bank, which retains a 79% interest in DWS. DWS' home German market remains important—contributing around 40% of assets under management—the EMEA region in total accounts for 70% of assets under management, and the Americas contributes nearly all of the balance, with a small Asian presence. Assets from institutional clients make up 55% of overall assets under management.

DWS Group GmbH KGaA (CHIX:DWSD) Headlines

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