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Bright Horizons Family Solutions (FRA:BHA) Gross Profit : €504 Mil (TTM As of Mar. 2024)


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What is Bright Horizons Family Solutions Gross Profit?

Bright Horizons Family Solutions's gross profit for the three months ended in Mar. 2024 was €124 Mil. Bright Horizons Family Solutions's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €504 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bright Horizons Family Solutions's gross profit for the three months ended in Mar. 2024 was €124 Mil. Bright Horizons Family Solutions's Revenue for the three months ended in Mar. 2024 was €573 Mil. Therefore, Bright Horizons Family Solutions's Gross Margin % for the quarter that ended in Mar. 2024 was 21.70%.

Bright Horizons Family Solutions had a gross margin of 21.70% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Bright Horizons Family Solutions was 25.36%. The lowest was 20.10%. And the median was 24.11%.

Warning Sign:

Bright Horizons Family Solutions Inc gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


Bright Horizons Family Solutions Gross Profit Historical Data

The historical data trend for Bright Horizons Family Solutions'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.

Bright Horizons Family Solutions Gross Profit Chart

Bright Horizons Family Solutions 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 470.64 250.34 367.29 451.85 487.59

Bright Horizons Family Solutions 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 113.59 126.05 147.71 106.28 124.32

Competitive Comparison of Bright Horizons Family Solutions's Gross Profit

For the Personal Services subindustry, Bright Horizons Family Solutions'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.


Bright Horizons Family Solutions's Gross Profit Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Bright Horizons Family Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bright Horizons Family Solutions's Gross Profit falls into.



Bright Horizons Family Solutions Gross Profit Calculation

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

Bright Horizons Family Solutions'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
=2217.542 - 1729.951
=488

Bright Horizons Family Solutions's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=572.892 - 448.574
=124

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 €504 Mil.

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

Bright Horizons Family Solutions'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
=124 / 572.892
=21.70 %

* 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.


Bright Horizons Family Solutions  (FRA:BHA) 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

Bright Horizons Family Solutions had a gross margin of 21.70% for the quarter that ended in Mar. 2024 => Competition eroding margins


Bright Horizons Family Solutions Gross Profit Related Terms

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Bright Horizons Family Solutions (FRA:BHA) Business Description

Traded in Other Exchanges
Address
2 Wells Avenue, Newton, MA, USA, 02459
Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

Bright Horizons Family Solutions (FRA:BHA) Headlines

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