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Forbo Holding AG (XSWX:FORN) Gross Profit : CHF402 Mil (TTM As of Dec. 2023)


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What is Forbo Holding AG Gross Profit?

Forbo Holding AG's gross profit for the six months ended in Dec. 2023 was CHF186 Mil. Forbo Holding AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was CHF402 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Forbo Holding AG's gross profit for the six months ended in Dec. 2023 was CHF186 Mil. Forbo Holding AG's Revenue for the six months ended in Dec. 2023 was CHF560 Mil. Therefore, Forbo Holding AG's Gross Margin % for the quarter that ended in Dec. 2023 was 33.20%.

Forbo Holding AG had a gross margin of 33.20% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Forbo Holding AG was 39.67%. The lowest was 34.09%. And the median was 37.71%.

Warning Sign:

Forbo Holding AG gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


Forbo Holding AG Gross Profit Historical Data

The historical data trend for Forbo Holding AG'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.

Forbo Holding AG Gross Profit Chart

Forbo Holding AG 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 493.60 410.20 451.00 440.80 401.70

Forbo Holding AG 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 219.20 233.00 207.80 215.80 185.90

Competitive Comparison of Forbo Holding AG's Gross Profit

For the Building Products & Equipment subindustry, Forbo Holding AG'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.


Forbo Holding AG's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Forbo Holding AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where Forbo Holding AG's Gross Profit falls into.



Forbo Holding AG Gross Profit Calculation

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

Forbo Holding AG'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
=1175.2 - 773.5
=402

Forbo Holding AG's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=560 - 374.1
=186

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 CHF402 Mil.

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

Forbo Holding AG'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
=186 / 560
=33.20 %

* 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.


Forbo Holding AG  (XSWX:FORN) 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

Forbo Holding AG had a gross margin of 33.20% for the quarter that ended in Dec. 2023 => Competition eroding margins


Forbo Holding AG Gross Profit Related Terms

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Forbo Holding AG (XSWX:FORN) Business Description

Traded in Other Exchanges
Address
Lindenstrasse 8, P.O. Box 1339, Baar, CHE, CH-6341
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe.

Forbo Holding AG (XSWX:FORN) Headlines

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