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Viva Energy Group (ASX:VEA) Gross Profit : A$2,951 Mil (TTM As of Dec. 2024)


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What is Viva Energy Group Gross Profit?

Viva Energy Group's gross profit for the six months ended in Dec. 2024 was A$1,361 Mil. Viva Energy Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was A$2,951 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Viva Energy Group's gross profit for the six months ended in Dec. 2024 was A$1,361 Mil. Viva Energy Group's Revenue for the six months ended in Dec. 2024 was A$15,642 Mil. Therefore, Viva Energy Group's Gross Margin % for the quarter that ended in Dec. 2024 was 8.70%.

Viva Energy Group had a gross margin of 8.70% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 7 years, the highest Gross Margin % of Viva Energy Group was 11.02%. The lowest was 4.78%. And the median was 8.34%.

Warning Sign:

Viva Energy Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Viva Energy Group Gross Profit Historical Data

The historical data trend for Viva Energy Group'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.

Viva Energy Group Gross Profit Chart

Viva Energy Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 1,070.40 1,752.60 2,179.60 1,225.10 2,950.50

Viva Energy Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 617.70 1,045.40 179.70 1,589.50 1,361.00

Competitive Comparison of Viva Energy Group's Gross Profit

For the Oil & Gas Refining & Marketing subindustry, Viva Energy Group'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.


Viva Energy Group's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Viva Energy Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Viva Energy Group's Gross Profit falls into.


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Viva Energy Group Gross Profit Calculation

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

Viva Energy Group's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=29992.2 - 27041.7
=2,951

Viva Energy Group's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=15642.2 - 14281.2
=1,361

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2,951 Mil.

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

Viva Energy Group's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,361 / 15642.2
=8.70 %

* 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.


Viva Energy Group  (ASX:VEA) 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

Viva Energy Group had a gross margin of 8.70% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Viva Energy Group Gross Profit Related Terms

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Viva Energy Group Business Description

Traded in Other Exchanges
Address
720 Bourke Street, Level 16, Docklands, Melbourne, VIC, AUS, 3008
Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.

Viva Energy Group Headlines

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