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Cleanaway Waste Management (ASX:CWY) Gross Profit : A$3,593 Mil (TTM As of Dec. 2023)


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What is Cleanaway Waste Management Gross Profit?

Cleanaway Waste Management's gross profit for the six months ended in Dec. 2023 was A$1,844 Mil. Cleanaway Waste Management's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$3,593 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cleanaway Waste Management's gross profit for the six months ended in Dec. 2023 was A$1,844 Mil. Cleanaway Waste Management's Revenue for the six months ended in Dec. 2023 was A$1,844 Mil. Therefore, Cleanaway Waste Management's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Cleanaway Waste Management had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Cleanaway Waste Management was 92.69%. The lowest was 89.79%. And the median was 91.44%.


Cleanaway Waste Management Gross Profit Historical Data

The historical data trend for Cleanaway Waste Management'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.

Cleanaway Waste Management Gross Profit Chart

Cleanaway Waste Management 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 2,249.40 2,299.80 2,371.10 2,969.30 3,507.10

Cleanaway Waste Management 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 1,348.00 1,621.30 1,758.30 1,748.80 1,844.40

Competitive Comparison of Cleanaway Waste Management's Gross Profit

For the Waste Management subindustry, Cleanaway Waste Management'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.


Cleanaway Waste Management's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Gross Profit distribution charts can be found below:

* The bar in red indicates where Cleanaway Waste Management's Gross Profit falls into.



Cleanaway Waste Management Gross Profit Calculation

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

Cleanaway Waste Management'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
=3507.1 - 0
=3,507

Cleanaway Waste Management's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1844.4 - 0
=1,844

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 A$3,593 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Cleanaway Waste Management'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
=1,844 / 1844.4
=N/A %

* 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.


Cleanaway Waste Management  (ASX:CWY) 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

Cleanaway Waste Management had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Cleanaway Waste Management Gross Profit Related Terms

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Cleanaway Waste Management (ASX:CWY) Business Description

Traded in Other Exchanges
Address
441 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004
Cleanaway Waste Management is Australia's largest waste management business with a national footprint spanning collection, midstream waste processing, treatment, and valorization, and downstream waste disposal. Cleanaway is active in municipal and commercial and industrial, or C&I, waste stream segments and in nonhazardous and hazardous liquid waste and medical waste streams following the acquisition of Toxfree in fiscal 2018. While Cleanaway is allocating greater capital to midstream waste processing and treatment, earnings remain skewed toward waste collection. Cleanaway is particularly strong in C&I and municipal waste collection with strong market share in all large Australian metro waste collection market.

Cleanaway Waste Management (ASX:CWY) Headlines

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