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San Miguel Food And Beverage (San Miguel Food And Beverage) Gross Profit : $1,769.92 Mil (TTM As of Mar. 2024)


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What is San Miguel Food And Beverage Gross Profit?

San Miguel Food And Beverage's gross profit for the three months ended in Mar. 2024 was $442.23 Mil. San Miguel Food And Beverage's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,769.92 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. San Miguel Food And Beverage's gross profit for the three months ended in Mar. 2024 was $442.23 Mil. San Miguel Food And Beverage's Revenue for the three months ended in Mar. 2024 was $1,639.60 Mil. Therefore, San Miguel Food And Beverage's Gross Margin % for the quarter that ended in Mar. 2024 was 26.97%.

San Miguel Food And Beverage had a gross margin of 26.97% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of San Miguel Food And Beverage was 33.07%. The lowest was 19.89%. And the median was 28.76%.

Warning Sign:

San Miguel Food And Beverage Inc gross margin has been in long-term decline. The average rate of decline per year is -4%.


San Miguel Food And Beverage Gross Profit Historical Data

The historical data trend for San Miguel Food And Beverage'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.

San Miguel Food And Beverage Gross Profit Chart

San Miguel Food And Beverage 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 1,696.69 1,358.16 1,554.38 1,672.95 1,728.39

San Miguel Food And Beverage 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 400.71 408.77 421.51 497.40 442.23

Competitive Comparison of San Miguel Food And Beverage's Gross Profit

For the Packaged Foods subindustry, San Miguel Food And Beverage'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.


San Miguel Food And Beverage's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, San Miguel Food And Beverage's Gross Profit distribution charts can be found below:

* The bar in red indicates where San Miguel Food And Beverage's Gross Profit falls into.



San Miguel Food And Beverage Gross Profit Calculation

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

San Miguel Food And Beverage'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
=6525.645 - 4797.257
=1,728.39

San Miguel Food And Beverage's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1639.598 - 1197.364
=442.23

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 $1,769.92 Mil.

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

San Miguel Food And Beverage'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
=442.23 / 1639.598
=26.97 %

* 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.


San Miguel Food And Beverage  (OTCPK:SMPFF) 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

San Miguel Food And Beverage had a gross margin of 26.97% for the quarter that ended in Mar. 2024 => Competition eroding margins


San Miguel Food And Beverage Gross Profit Related Terms

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San Miguel Food And Beverage (San Miguel Food And Beverage) Business Description

Traded in Other Exchanges
Address
No. 100 E. Rodriguez Jr. Avenue (C-5 Road), Barangay Ugong, Pasig, PHL, 1604
San Miguel Food And Beverage Inc is a food company located in the Philippines. The company and its subsidiaries are involved in poultry and livestock operations, feeds and flour milling, dairy and coffee operations, franchising and young animal ration manufacturing and distribution. The firm sells and markets its products under B-meg, Magnolia, Monterey, San Miguel Mills, Pure foods, Hungry Juan brand names. Its operating segments include Beer and non-alcoholic beverages (NAB), Spirits, and Food. The company generates maximum revenue from Food segment.

San Miguel Food And Beverage (San Miguel Food And Beverage) Headlines

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