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Mitel Networks (Mitel Networks) Gross Profit : $752 Mil (TTM As of Sep. 2018)


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What is Mitel Networks Gross Profit?

Mitel Networks's gross profit for the three months ended in Sep. 2018 was $181 Mil. Mitel Networks's gross profit for the trailing twelve months (TTM) ended in Sep. 2018 was $752 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mitel Networks's gross profit for the three months ended in Sep. 2018 was $181 Mil. Mitel Networks's Revenue for the three months ended in Sep. 2018 was $310 Mil. Therefore, Mitel Networks's Gross Margin % for the quarter that ended in Sep. 2018 was 58.49%.

Mitel Networks had a gross margin of 58.49% for the quarter that ended in Sep. 2018 => Durable competitive advantage


Mitel Networks Gross Profit Historical Data

The historical data trend for Mitel Networks'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.

Mitel Networks Gross Profit Chart

Mitel Networks Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 320.60 590.10 613.90 532.00 578.90

Mitel Networks Quarterly Data
Oct13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 133.00 197.30 180.10 193.50 181.10

Competitive Comparison of Mitel Networks's Gross Profit

For the Communication Equipment subindustry, Mitel Networks'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.


Mitel Networks's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mitel Networks's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mitel Networks's Gross Profit falls into.



Mitel Networks Gross Profit Calculation

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

Mitel Networks's Gross Profit for the fiscal year that ended in Dec. 2017 is calculated as

Gross Profit (A: Dec. 2017 )=Revenue - Cost of Goods Sold
=1059.1 - 480.2
=579

Mitel Networks's Gross Profit for the quarter that ended in Sep. 2018 is calculated as

Gross Profit (Q: Sep. 2018 )=Revenue - Cost of Goods Sold
=309.6 - 128.5
=181

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $752 Mil.

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

Mitel Networks's Gross Margin % for the quarter that ended in Sep. 2018 is calculated as

Gross Margin % (Q: Sep. 2018 )=Gross Profit (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=(Revenue - Cost of Goods Sold) / Revenue
=181 / 309.6
=58.49 %

* 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.


Mitel Networks  (NAS:MITL) 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

Mitel Networks had a gross margin of 58.49% for the quarter that ended in Sep. 2018 => Durable competitive advantage


Mitel Networks Gross Profit Related Terms

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Mitel Networks (Mitel Networks) Business Description

Traded in Other Exchanges
N/A
Address
Mitel Networks Corp is a provider of unified communications and collaboration solutions. Its business is organized into two segments: Cloud and Enterprise. The Cloud Division portfolio includes a comprehensive family of cloud communications services. The Enterprise Division sells and supports business communications products and services. Roughly half of the firm's revenue is generated from the United States, with the rest coming from Canada, Europe, Middle East, Africa, and Asia-Pacific regions.
Executives
Sudhakar Ramakrishna director 4750 WILLOW RD., PLEASANTON CA 94588
Todd Abbott officer: EVP Sales and Services C/O SYNBOL TECHNOLOGIES, INC., ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Terence H Matthews director, officer: Chairman of the Board 350 LEGGET DRIVE KANATA ONTARIO CANADA A6 K2K 2W7
Peter Charbonneau director 130 AGINCOURT ROAD OTTAWA A6 K2C 1J3
Richard D Mcbee director, officer: See Remarks PO BOX 500 (M/S 55-985), 14200 SW KARL BRAUN DRIVE, BEAVERTON OR 97077-0001
Elliott Associates, L.p. 10 percent owner 360 S. ROSEMARY AVE, 18TH FLOOR, WEST PALM BEACH FL 33401
Elliott International, L.p. 10 percent owner C/O MAPLES & CALDER, P.O. BOX 309, UGLAND HOUSE, SOUTH CHURCH STREET, GEORGE TOWN E9 00000

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