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Industrias PenolesB de CV (Industrias PenolesB de CV) Gross Profit : $798 Mil (TTM As of Sep. 2023)


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What is Industrias PenolesB de CV Gross Profit?

Industrias PenolesB de CV's gross profit for the three months ended in Sep. 2023 was $128 Mil. Industrias PenolesB de CV's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $798 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Industrias PenolesB de CV's gross profit for the three months ended in Sep. 2023 was $128 Mil. Industrias PenolesB de CV's Revenue for the three months ended in Sep. 2023 was $1,508 Mil. Therefore, Industrias PenolesB de CV's Gross Margin % for the quarter that ended in Sep. 2023 was 8.49%.

Industrias PenolesB de CV had a gross margin of 8.49% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Industrias PenolesB de CV was 37.61%. The lowest was 13.76%. And the median was 26.42%.

Warning Sign:

Industrias Penoles SAB de CV gross margin has been in long-term decline. The average rate of decline per year is -9.6%.


Industrias PenolesB de CV Gross Profit Historical Data

The historical data trend for Industrias PenolesB 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.

Industrias PenolesB de CV Gross Profit Chart

Industrias PenolesB 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 1,289.06 870.84 1,248.97 1,555.81 1,032.45

Industrias PenolesB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 154.43 193.06 252.62 224.67 128.06

Competitive Comparison of Industrias PenolesB de CV's Gross Profit

For the Other Industrial Metals & Mining subindustry, Industrias PenolesB 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.


Industrias PenolesB de CV's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Industrias PenolesB de CV's Gross Profit distribution charts can be found below:

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



Industrias PenolesB de CV Gross Profit Calculation

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

Industrias PenolesB 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
=5523.358 - 4490.904
=1,032

Industrias PenolesB de CV's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1507.686 - 1379.624
=128

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $798 Mil.

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

Industrias PenolesB de CV's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=128 / 1507.686
=8.49 %

* 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.


Industrias PenolesB de CV  (OTCPK:IPOAF) 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

Industrias PenolesB de CV had a gross margin of 8.49% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Industrias PenolesB de CV Gross Profit Related Terms

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Industrias PenolesB de CV (Industrias PenolesB de CV) Business Description

Traded in Other Exchanges
Address
BAL Corporate, Calzada Legaria No. 549, Torre 2 Colonia 10 de abril Delegacion Miguel Hida, Mexico City, DF, MEX, 11250
Industrias Penoles SAB de CV is a mining group with integrated operations in smelting and refining nonferrous metals and producing chemicals. The company is one of the world's largest producers of refined silver and America's largest producer of metallic bismuth. It is one of the largest producers of refined gold and lead in Latin America, and among the largest zinc and sodium sulfate producers worldwide. The majority of Industrias Penoles' sales are made abroad, making it one of Mexico's main export companies.

Industrias PenolesB de CV (Industrias PenolesB de CV) Headlines

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