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Treasury Wine Estates (Treasury Wine Estates) Gross Profit : $644 Mil (TTM As of Dec. 2023)


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What is Treasury Wine Estates Gross Profit?

Treasury Wine Estates's gross profit for the six months ended in Dec. 2023 was $344 Mil. Treasury Wine Estates's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $644 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Treasury Wine Estates's gross profit for the six months ended in Dec. 2023 was $344 Mil. Treasury Wine Estates's Revenue for the six months ended in Dec. 2023 was $860 Mil. Therefore, Treasury Wine Estates's Gross Margin % for the quarter that ended in Dec. 2023 was 39.96%.

Treasury Wine Estates had a gross margin of 39.96% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Treasury Wine Estates was 42.39%. The lowest was 27.57%. And the median was 37.67%.


Treasury Wine Estates Gross Profit Historical Data

The historical data trend for Treasury Wine Estates'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.

Treasury Wine Estates Gross Profit Chart

Treasury Wine Estates Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 848.75 731.95 696.02 694.45 677.38

Treasury Wine Estates Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 347.21 353.34 378.48 300.94 343.51

Competitive Comparison of Treasury Wine Estates's Gross Profit

For the Beverages - Wineries & Distilleries subindustry, Treasury Wine Estates'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.


Treasury Wine Estates's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Treasury Wine Estates's Gross Profit distribution charts can be found below:

* The bar in red indicates where Treasury Wine Estates's Gross Profit falls into.



Treasury Wine Estates Gross Profit Calculation

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

Treasury Wine Estates's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=1626.174 - 948.791
=677

Treasury Wine Estates's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=859.639 - 516.132
=344

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $644 Mil.

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

Treasury Wine Estates'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
=344 / 859.639
=39.96 %

* 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.


Treasury Wine Estates  (OTCPK:TSRYY) 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

Treasury Wine Estates had a gross margin of 39.96% for the quarter that ended in Dec. 2023 => Competition eroding margins


Treasury Wine Estates Gross Profit Related Terms

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Treasury Wine Estates (Treasury Wine Estates) Business Description

Traded in Other Exchanges
Address
161 Collins Street, Level 8, Melbourne, VIC, AUS, 3000
Treasury Wine Estates is an Australia-based global wine company that demerged from Foster's Group in 2011. The company is among the world's top five wine producers, and owns a portfolio that includes Australian labels such as Penfolds and Wolf Blass, U.S. wines like Chateau St Jean and Sterling, and newly launched names such as 19 Crimes and Maison de Grand Esprit. An acquisition of Diageo's wine business in 2016 added additional U.S. brands including BV and Stags' Leap. Treasury owns over 130 wineries, with more than 13,000 planted hectares.

Treasury Wine Estates (Treasury Wine Estates) Headlines

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