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De'Longhi SPA (De'Longhi SPA) Gross Profit : $1,004 Mil (TTM As of Mar. 2024)


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What is De'Longhi SPA Gross Profit?

De'Longhi SPA's gross profit for the three months ended in Mar. 2024 was $179 Mil. De'Longhi SPA's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,004 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. De'Longhi SPA's gross profit for the three months ended in Mar. 2024 was $179 Mil. De'Longhi SPA's Revenue for the three months ended in Mar. 2024 was $716 Mil. Therefore, De'Longhi SPA's Gross Margin % for the quarter that ended in Mar. 2024 was 24.94%.

De'Longhi SPA had a gross margin of 24.94% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of De'Longhi SPA was 31.41%. The lowest was 25.50%. And the median was 30.32%.

Warning Sign:

De'Longhi SPA gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


De'Longhi SPA Gross Profit Historical Data

The historical data trend for De'Longhi SPA'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.

De'Longhi SPA Gross Profit Chart

De'Longhi SPA 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 687.10 883.49 1,105.41 852.58 992.23

De'Longhi SPA 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 148.07 265.93 642.96 -83.23 178.59

Competitive Comparison of De'Longhi SPA's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, De'Longhi SPA'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.


De'Longhi SPA's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De'Longhi SPA's Gross Profit distribution charts can be found below:

* The bar in red indicates where De'Longhi SPA's Gross Profit falls into.



De'Longhi SPA Gross Profit Calculation

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

De'Longhi SPA'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
=3351.696 - 2359.466
=992

De'Longhi SPA's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=716.087 - 537.5
=179

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 $1,004 Mil.

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

De'Longhi SPA'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
=179 / 716.087
=24.94 %

* 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.


De'Longhi SPA  (OTCPK:DELHF) 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

De'Longhi SPA had a gross margin of 24.94% for the quarter that ended in Mar. 2024 => Competition eroding margins


De'Longhi SPA Gross Profit Related Terms

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De'Longhi SPA (De'Longhi SPA) Business Description

Traded in Other Exchanges
Address
Via Lodovico Seitz, 47, Treviso, ITA, 31100
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, ironing products, floor-care products, air conditioners and air treatment products, heating products, and others. The company generates the majority of its revenue from coffeemakers and cooking and food preparation products. It offers products under four brands: De'Longhi, Kenwood, Nutribullet, Magic Bullet,Braun, and Ariete. Products under the De'Longhi brand contribute over half of total revenue. The company has a business presence across the world, including Europe, America, Australia and New Zealand, Asia, and elsewhere, with Europe its largest market.

De'Longhi SPA (De'Longhi SPA) Headlines

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