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Grupo BimboB de CV (Grupo BimboB de CV) Gross Profit : $8,844 Mil (TTM As of Mar. 2024)


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What is Grupo BimboB de CV Gross Profit?

Grupo BimboB de CV's gross profit for the three months ended in Mar. 2024 was $2,922 Mil. Grupo BimboB de CV's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $8,844 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grupo BimboB de CV's gross profit for the three months ended in Mar. 2024 was $2,922 Mil. Grupo BimboB de CV's Revenue for the three months ended in Mar. 2024 was $5,617 Mil. Therefore, Grupo BimboB de CV's Gross Margin % for the quarter that ended in Mar. 2024 was 52.01%.

Grupo BimboB de CV had a gross margin of 52.01% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Grupo BimboB de CV was 54.17%. The lowest was 51.51%. And the median was 53.19%.


Grupo BimboB de CV Gross Profit Historical Data

The historical data trend for Grupo BimboB 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 BimboB de CV Gross Profit Chart

Grupo BimboB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,825.36 8,151.75 8,794.44 8,827.58 10,534.52

Grupo BimboB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2,881.92 2,811.86 2,982.64 2,939.98 2,921.64

Competitive Comparison of Grupo BimboB de CV's Gross Profit

For the Packaged Foods subindustry, Grupo BimboB 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 BimboB de CV's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo BimboB de CV's Gross Profit distribution charts can be found below:

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



Grupo BimboB de CV Gross Profit Calculation

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

Grupo BimboB de CV's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=20450.657 - 9916.137
=10,535

Grupo BimboB 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
=5616.963 - 2695.327
=2,922

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 $8,844 Mil.

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

Grupo BimboB 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
=2,922 / 5616.963
=52.01 %

* 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 BimboB de CV  (OTCPK:GRBMF) 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 BimboB de CV had a gross margin of 52.01% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Grupo BimboB de CV Gross Profit Related Terms

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Grupo BimboB de CV (Grupo BimboB de CV) Business Description

Traded in Other Exchanges
Address
Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Delegacion Alvaro Obregon, Mexico, MEX, MEX, 01210
Grupo Bimbo SAB de CV is an international baking-products manufacturer. The company operates in over 22 countries throughout the Americas, Europe, and Asia. The firm's key product categories are packed bread, sweet baked goods, salty snacks, cookies, solutions (tortillas, pitas, wraps), prepacked foods, confectionery, and others. The key brands are Bimbo, Ideal, Ricolino, Oroweat, Arnold, Thomas, and Sara Lee. Grupo Bimbo has a large direct distribution network that allows the company to distribute products from its own plants (based in Uruguay, Rio de Janeiro, China, Santiago de Chile, and Argentina) to sales centers and warehouses.