Fiat Industrial SpA's gross profit for the
three
months ended in Jun. 2013 was €1,374 Mil. Fiat Industrial SpA's gross profit for the trailing twelve months (TTM) ended in Jun. 2013 was €4,907 Mil.
Fiat Industrial SpA had a gross margin of 20.13% for the quarter that ended in Jun. 2013 => Competition eroding margins
Fiat Industrial SpA Gross Profit Historical Data
The historical data trend for Fiat Industrial SpA'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.
Competitive Comparison of Fiat Industrial SpA's Gross Profit
For the Farm & Heavy Construction Machinery subindustry, Fiat Industrial SpA'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.
Fiat Industrial SpA's Gross Profit Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Fiat Industrial SpA's Gross Profit distribution charts can be found below:
* The bar in red indicates where Fiat Industrial SpA's Gross Profit falls into.
Fiat Industrial SpA Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Fiat Industrial SpA's Gross Profit for the fiscal year that ended in Dec. 2012 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,907 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Fiat Industrial SpA (MIL:FI) 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
Fiat Industrial SpA had a gross margin of 20.13% for the quarter that ended in Jun. 2013 => Competition eroding margins
Fiat Industrial SpA Gross Profit Related Terms
Thank you for viewing the detailed overview of Fiat Industrial SpA's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Fiat Industrial SpA operates in the capital goods sector. Each of the Group's businesses is a major international player in its respective industry sector: Iveco, CNH-Case New Holland and FPT Industrial. These three sectors design, produce and sell trucks, commercial vehicles, buses, special vehicles (Iveco), tractors, and agricultural and construction equipment (CNH), in addition to engines and transmissions for those vehicles and engines for marine applications (FPT Industrial). Agricultural equipment is sold under the New Holland Agriculture and Case IH and, in the premium segment in Europe, Steyr brands. Construction equipment is sold under the New Holland Construction and Case Construction brands, as well as the Kobelco brand in North America. Iveco designs, manufactures and sells a wide range of light (2.8-6 tons GVW), medium (6-16 tons GVW) and heavy (above 16 tons GVW) commercial vehicles for on-road and off-road use. In addition to its main product offer, the Company also offers after-sales and financing services, in addition to services related to used-vehicles. FPT Industrial is specialized in the design, production and sale of propulsion and transmission systems for on- and off-road trucks and commercial vehicles, as well as engines for marine application and power generation.
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