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Sasol (SSL) Gross Profit : $6,722 Mil (TTM As of Jun. 2023)


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What is Sasol Gross Profit?

Sasol's gross profit for the six months ended in Jun. 2023 was $3,247 Mil. Sasol's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $6,722 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sasol's gross profit for the six months ended in Jun. 2023 was $3,247 Mil. Sasol's Revenue for the six months ended in Jun. 2023 was $7,359 Mil. Therefore, Sasol's Gross Margin % for the quarter that ended in Jun. 2023 was 44.12%.

Sasol had a gross margin of 44.12% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Sasol was 49.40%. The lowest was 40.94%. And the median was 49.08%.

Warning Sign:

Sasol Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Sasol Gross Profit Historical Data

The historical data trend for Sasol'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.

Sasol Gross Profit Chart

Sasol 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 6,525.40 4,548.27 7,108.12 8,515.91 6,450.22

Sasol Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 4,112.89 3,572.39 4,926.08 3,474.65 3,247.09

Competitive Comparison of Sasol's Gross Profit

For the Specialty Chemicals subindustry, Sasol'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.


Sasol's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sasol's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sasol's Gross Profit falls into.



Sasol Gross Profit Calculation

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

Sasol'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
=15454.739 - 9004.523
=6,450

Sasol's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=7359.161 - 4112.074
=3,247

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $6,722 Mil.

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

Sasol's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,247 / 7359.161
=44.12 %

* 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.


Sasol  (NYSE:SSL) 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

Sasol had a gross margin of 44.12% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Sasol Gross Profit Related Terms

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Sasol (SSL) Business Description

Address
50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, ZAF, 2196
Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Geographically the company generates the majority of its revenue from South Africa.