Asahi Group Holdings (Asahi Group Holdings) Gross Profit : $7,021 Mil (TTM As of Dec. 2023)

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What is Asahi Group Holdings Gross Profit?

Asahi Group Holdings's gross profit for the three months ended in Dec. 2023 was $1,814 Mil. Asahi Group Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $7,021 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Asahi Group Holdings's gross profit for the three months ended in Dec. 2023 was $1,814 Mil. Asahi Group Holdings's Revenue for the three months ended in Dec. 2023 was $5,182 Mil. Therefore, Asahi Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 35.02%.

Asahi Group Holdings had a gross margin of 35.02% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Asahi Group Holdings was 39.88%. The lowest was 34.72%. And the median was 37.30%.

Warning Sign:

Asahi Group Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.

Asahi Group Holdings Gross Profit Historical Data

The historical data trend for Asahi Group Holdings'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.

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Asahi Group Holdings Gross Profit Chart

Asahi Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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7,256.99

7,173.86

7,492.40

6,832.72

6,937.93

Asahi Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Profit	Get a 7-Day Free Trial															1,789.64	1,438.96	1,807.61	1,960.30	1,814.50

Competitive Comparison of Asahi Group Holdings's Gross Profit

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.

Asahi Group Holdings's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Asahi Group Holdings's Gross Profit falls into.

Asahi Group Holdings Gross Profit Calculation

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

Asahi Group Holdings'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
	=	19232.269	-	12294.343
	=	6,938

Asahi Group Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	5181.825	-	3367.328
	=	1,814

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,021 Mil.

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

Asahi Group Holdings'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
	=	1,814	/	5181.825
	=	35.02 %

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.

Asahi Group Holdings (OTCPK:ASBRF) 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

Asahi Group Holdings had a gross margin of 35.02% for the quarter that ended in Dec. 2023 => Competition eroding margins

Asahi Group Holdings Gross Profit Related Terms

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Asahi Group Holdings (Asahi Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (OTCPK:ASBRF) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

2502:Japan ABW:Germany

Address

1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602

Website

http://www.asahigroup-holdings.com

Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.