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Perpetual (ASX:PPT) Gross Profit : A$1,257 Mil (TTM As of Dec. 2023)


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What is Perpetual Gross Profit?

Perpetual's gross profit for the six months ended in Dec. 2023 was A$640 Mil. Perpetual's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$1,257 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Perpetual's gross profit for the six months ended in Dec. 2023 was A$640 Mil. Perpetual's Revenue for the six months ended in Dec. 2023 was A$640 Mil. Therefore, Perpetual's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

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


Perpetual Gross Profit Historical Data

The historical data trend for Perpetual'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.

Perpetual Gross Profit Chart

Perpetual 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 509.01 484.02 623.30 754.70 995.60

Perpetual 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 377.00 377.70 378.90 616.70 640.20

Competitive Comparison of Perpetual's Gross Profit

For the Asset Management subindustry, Perpetual'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.


Perpetual's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Perpetual's Gross Profit distribution charts can be found below:

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



Perpetual Gross Profit Calculation

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

Perpetual'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
=995.6 - 0
=996

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=640.2 - 0
=640

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$1,257 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.)

Perpetual'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
=640 / 640.2
=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.


Perpetual  (ASX:PPT) 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

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


Perpetual Gross Profit Related Terms

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Perpetual (ASX:PPT) Business Description

Traded in Other Exchanges
Address
123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
Perpetual is one of Australia's oldest financial services firms, founded in 1886. It has three operating segments, with the investments business being the main earnings generator. It is an active manager of listed assets. Perpetual also provides financial planning services to high-net-worth clients via its private segment. In its trust segment, it provides outsourced responsible entity services to funds, as well as custodial and trustee services in the debt capital markets, particularly in securitization issuances.