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Visteon (Visteon) Gross Profit : $496 Mil (TTM As of Mar. 2024)


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What is Visteon Gross Profit?

Visteon's gross profit for the three months ended in Mar. 2024 was $119 Mil. Visteon's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $496 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Visteon's gross profit for the three months ended in Mar. 2024 was $119 Mil. Visteon's Revenue for the three months ended in Mar. 2024 was $933 Mil. Therefore, Visteon's Gross Margin % for the quarter that ended in Mar. 2024 was 12.75%.

Visteon had a gross margin of 12.75% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Visteon was 15.61%. The lowest was 9.16%. And the median was 12.74%.

Warning Sign:

Visteon Corp gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


Visteon Gross Profit Historical Data

The historical data trend for Visteon'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.

Visteon Gross Profit Chart

Visteon 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 324.00 245.00 254.00 368.00 487.00

Visteon 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 110.00 104.00 143.00 130.00 119.00

Competitive Comparison of Visteon's Gross Profit

For the Auto Parts subindustry, Visteon'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.


Visteon's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Visteon's Gross Profit distribution charts can be found below:

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



Visteon Gross Profit Calculation

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

Visteon'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
=3954 - 3467
=487

Visteon's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=933 - 814
=119

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 $496 Mil.

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

Visteon'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
=119 / 933
=12.75 %

* 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.


Visteon  (NAS:VC) 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

Visteon had a gross margin of 12.75% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Visteon Gross Profit Related Terms

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Visteon (Visteon) Business Description

Traded in Other Exchanges
Address
One Village Center Drive, Van Buren Township, MI, USA, 48111
Visteon Corp is an automotive supplier. It manufactures electronics products for original equipment vehicle manufacturers including Ford, Nissan, Renault, Mazda, BMW, General Motors, and Honda. The company offers information displays, instrument clusters, head-up displays, infotainment systems, telematics solutions and Smartcore. The Company's reportable segment is Electronics. The Electronics segment provides vehicle cockpit electronics products to customers, including digital instrument clusters, domain controllers with integrated advance driver assistance systems, displays, Android-based infotainment systems, and battery management systems. Geographically, it operates in North America, Europe, China, Asia-Pacific and South America.
Executives
Sachin Lawande director, officer: CEO & President HARMAN INTERNATIONAL, 400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Qais M Sharif officer: Senior Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Brett D Pynnonen officer: V.P. & General Counsel 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48033
Jerome Rouquet officer: Senior Vice President 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48034
Robert R Vallance officer: Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Robert Manzo director PARK 80 W PLZ 2, SADDLE BROOK NJ 07663
David L Treadwell director 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102
Kristin Trecker officer: Senior Vice President & CHRO 10000 WEHRLE DRIVE, CLARENCE NY 14031
Bunsei Kure director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48167
Francis M Scricco director C/O AVAYA INC., 211 MOUNT AIRY ROAD, BASKING RIDGE NJ 07920
Matthew M Cole officer: Senior Vice President ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Abigail S Fleming officer: Vice President & CAO VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Joao Paulo Ribeiro officer: Senior Vice President VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Sunil K Bilolikar officer: Senior Vice President ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111