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Premium Brands Holdings (Premium Brands Holdings) Gross Profit : $897 Mil (TTM As of Dec. 2023)


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What is Premium Brands Holdings Gross Profit?

Premium Brands Holdings's gross profit for the three months ended in Dec. 2023 was $220 Mil. Premium Brands Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $897 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Premium Brands Holdings's gross profit for the three months ended in Dec. 2023 was $220 Mil. Premium Brands Holdings's Revenue for the three months ended in Dec. 2023 was $1,159 Mil. Therefore, Premium Brands Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 18.99%.

Premium Brands Holdings had a gross margin of 18.99% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Premium Brands Holdings was 19.87%. The lowest was 18.29%. And the median was 19.11%.

Warning Sign:

Premium Brands Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Premium Brands Holdings Gross Profit Historical Data

The historical data trend for Premium Brands Holdings'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.

Premium Brands Holdings Gross Profit Chart

Premium Brands Holdings 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 550.76 609.10 704.61 812.44 900.72

Premium Brands Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 225.25 197.18 243.41 236.49 220.04

Competitive Comparison of Premium Brands Holdings's Gross Profit

For the Packaged Foods subindustry, Premium Brands Holdings'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.


Premium Brands Holdings's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Premium Brands Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Premium Brands Holdings's Gross Profit falls into.



Premium Brands Holdings Gross Profit Calculation

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

Premium Brands Holdings'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
=4666.816 - 3766.1
=901

Premium Brands Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1158.84 - 938.804
=220

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $897 Mil.

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

Premium Brands Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=220 / 1158.84
=18.99 %

* 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.


Premium Brands Holdings  (OTCPK:PRBZF) 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

Premium Brands Holdings had a gross margin of 18.99% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Premium Brands Holdings Gross Profit Related Terms

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Premium Brands Holdings (Premium Brands Holdings) Business Description

Traded in Other Exchanges
Address
100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6
Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.

Premium Brands Holdings (Premium Brands Holdings) Headlines