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Grupo IndustrialltilloB de CV (Grupo IndustrialltilloB de CV) Gross Profit : $149.63 Mil (TTM As of Mar. 2024)


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What is Grupo IndustrialltilloB de CV Gross Profit?

Grupo IndustrialltilloB de CV's gross profit for the three months ended in Mar. 2024 was $41.04 Mil. Grupo IndustrialltilloB de CV's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $149.63 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grupo IndustrialltilloB de CV's gross profit for the three months ended in Mar. 2024 was $41.04 Mil. Grupo IndustrialltilloB de CV's Revenue for the three months ended in Mar. 2024 was $271.77 Mil. Therefore, Grupo IndustrialltilloB de CV's Gross Margin % for the quarter that ended in Mar. 2024 was 15.10%.

Grupo IndustrialltilloB de CV had a gross margin of 15.10% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Grupo IndustrialltilloB de CV was 28.73%. The lowest was 10.46%. And the median was 19.40%.

Warning Sign:

Grupo Industrial Saltillo SAB de CV gross margin has been in long-term decline. The average rate of decline per year is -11.3%.


Grupo IndustrialltilloB de CV Gross Profit Historical Data

The historical data trend for Grupo IndustrialltilloB de CV'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.

Grupo IndustrialltilloB de CV Gross Profit Chart

Grupo IndustrialltilloB de CV 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 159.95 140.70 106.97 140.40 107.96

Grupo IndustrialltilloB de CV 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 -0.63 29.54 31.15 47.90 41.04

Competitive Comparison of Grupo IndustrialltilloB de CV's Gross Profit

For the Auto Parts subindustry, Grupo IndustrialltilloB de CV'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.


Grupo IndustrialltilloB de CV's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grupo IndustrialltilloB de CV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Grupo IndustrialltilloB de CV's Gross Profit falls into.



Grupo IndustrialltilloB de CV Gross Profit Calculation

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

Grupo IndustrialltilloB de CV'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
=1031.72 - 923.757
=107.96

Grupo IndustrialltilloB de CV's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=271.774 - 230.731
=41.04

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 $149.63 Mil.

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

Grupo IndustrialltilloB de CV'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
=41.04 / 271.774
=15.10 %

* 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.


Grupo IndustrialltilloB de CV  (GREY:GISMF) 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

Grupo IndustrialltilloB de CV had a gross margin of 15.10% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Grupo IndustrialltilloB de CV Gross Profit Related Terms

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Grupo IndustrialltilloB de CV (Grupo IndustrialltilloB de CV) Business Description

Traded in Other Exchanges
Address
375 Chiapas Esquina Candela, Saltillo, Coahuila, MEX, 25280
Grupo Industrial Saltillo SAB de CV is an integrated industrial company that operates through three business segments: construction materials, the iron foundry division, and the domestic goods unit. The construction segment creates ceramics, indoor heaters, and industrial water heaters. The iron foundry produces gray iron, nodular iron, aluminum, and auto parts. The auto parts include engine blocks and heads for both diesel and gas engines and the firm's primary clients for these goods include automobile and industrial companies. The company's domestic goods business manufactures appliances, tableware, and kitchenware products. The company generates the vast majority of its revenue in Mexico.

Grupo IndustrialltilloB de CV (Grupo IndustrialltilloB de CV) Headlines

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