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Lanxess AG (Lanxess AG) Gross-Profit-to-Asset % : 11.54% (As of Mar. 2024)


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What is Lanxess AG Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Lanxess AG's annualized Gross Profit for the quarter that ended in Mar. 2024 was $1,217 Mil. Lanxess AG's average Total Assets over the quarter that ended in Mar. 2024 was $10,548 Mil. Therefore, Lanxess AG's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 11.54%.


Lanxess AG Gross-Profit-to-Asset % Historical Data

The historical data trend for Lanxess AG's Gross-Profit-to-Asset % 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.

Lanxess AG Gross-Profit-to-Asset % Chart

Lanxess AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.00 18.50 15.18 17.20 12.29

Lanxess AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 14.74 10.75 10.73 9.27 11.54

Competitive Comparison of Lanxess AG's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Lanxess AG's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Lanxess AG's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lanxess AG's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Lanxess AG's Gross-Profit-to-Asset % falls into.



Lanxess AG Gross-Profit-to-Asset % Calculation

Lanxess AG's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1382.77/( (11956.568+10539.804)/ 2 )
=1382.77/11248.186
=12.29 %

Lanxess AG's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1217.392/( (10539.804+10555.435)/ 2 )
=1217.392/10547.6195
=11.54 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Lanxess AG Gross-Profit-to-Asset % Related Terms

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Lanxess AG (Lanxess AG) Business Description

Address
Kennedyplatz 1, Cologne, DEU, 50569
Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

Lanxess AG (Lanxess AG) Headlines

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