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Gestamp Automocion (LTS:0ROM) Gross Profit : €5,669 Mil (TTM As of Mar. 2024)


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What is Gestamp Automocion Gross Profit?

Gestamp Automocion's gross profit for the three months ended in Mar. 2024 was €1,128 Mil. Gestamp Automocion's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €5,669 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gestamp Automocion's gross profit for the three months ended in Mar. 2024 was €1,128 Mil. Gestamp Automocion's Revenue for the three months ended in Mar. 2024 was €3,049 Mil. Therefore, Gestamp Automocion's Gross Margin % for the quarter that ended in Mar. 2024 was 37.00%.

Gestamp Automocion had a gross margin of 37.00% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 12 years, the highest Gross Margin % of Gestamp Automocion was 42.12%. The lowest was 36.64%. And the median was 40.84%.

Warning Sign:

Gestamp Automocion gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


Gestamp Automocion Gross Profit Historical Data

The historical data trend for Gestamp Automocion'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.

Gestamp Automocion Gross Profit Chart

Gestamp Automocion 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 3,754.56 3,001.96 3,356.82 3,947.11 4,497.39

Gestamp Automocion 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 1,114.50 2,295.96 1,023.10 1,221.79 1,128.20

Competitive Comparison of Gestamp Automocion's Gross Profit

For the Auto Parts subindustry, Gestamp Automocion'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.


Gestamp Automocion's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gestamp Automocion's Gross Profit distribution charts can be found below:

* The bar in red indicates where Gestamp Automocion's Gross Profit falls into.



Gestamp Automocion Gross Profit Calculation

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

Gestamp Automocion'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
=12273.716 - 7776.328
=4,497

Gestamp Automocion's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3049.3 - 1921.1
=1,128

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 €5,669 Mil.

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

Gestamp Automocion'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
=1,128 / 3049.3
=37.00 %

* 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.


Gestamp Automocion  (LTS:0ROM) 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

Gestamp Automocion had a gross margin of 37.00% for the quarter that ended in Mar. 2024 => Competition eroding margins


Gestamp Automocion Gross Profit Related Terms

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Gestamp Automocion (LTS:0ROM) Business Description

Traded in Other Exchanges
Address
Lebario Industrial Park, Abadino, ESP, 48220
Gestamp Automocion is a Spanish automobile components manufacturer. The activities of the group are focused on the design, development, and manufacturing of metal components for the automotive industry via stamping, tooling, assembly, welding, tailor welded blanks, die-cutting, and machinery. It generates the majority of its revenue from Parts, prototypes, and components; followed by Tooling; and Byproducts & containers. The company operates in the following geographical segments: Western Europe, Eastern Europe, Mercosur, North America, and Asia. It generates the highest revenue from the Western Europe segment.

Gestamp Automocion (LTS:0ROM) Headlines

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