Springfield Properties (LSE:SPR) Gross Profit : £43.2 Mil (TTM As of Nov. 2023)

Springfield Properties Gross Profit Chart

Springfield Properties Annual Data
	Trend	May15	May16	May17	May18	May19	May20	May21	May22	May23
Gross Profit		Get a 7-Day Free Trial				34.33	27.35	38.80	43.14	47.96

Springfield Properties Semi-Annual Data
	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Gross Profit	Get a 7-Day Free Trial												16.12	27.02	22.70	25.26	17.94

Competitive Comparison of Springfield Properties's Gross Profit

For the Residential Construction subindustry, Springfield Properties'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.

Springfield Properties's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Springfield Properties's Gross Profit distribution charts can be found below:

* The bar in red indicates where Springfield Properties's Gross Profit falls into.

Springfield Properties Gross Profit Calculation

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

Springfield Properties's Gross Profit for the fiscal year that ended in May. 2023 is calculated as

Springfield Properties's Gross Profit for the quarter that ended in Nov. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £43.2 Mil.

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

Springfield Properties's Gross Margin % for the quarter that ended in Nov. 2023 is calculated as

* 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.

Springfield Properties  (LSE:SPR) 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

Springfield Properties had a gross margin of 14.74% for the quarter that ended in Nov. 2023 => No sustainable competitive advantage

Springfield Properties Gross Profit Related Terms

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Springfield Properties (LSE:SPR) Business Description