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Atlas Copco AB (Atlas Copco AB) Gross Profit : $7,200 Mil (TTM As of Mar. 2024)


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What is Atlas Copco AB Gross Profit?

Atlas Copco AB's gross profit for the three months ended in Mar. 2024 was $1,804 Mil. Atlas Copco AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $7,200 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Atlas Copco AB's gross profit for the three months ended in Mar. 2024 was $1,804 Mil. Atlas Copco AB's Revenue for the three months ended in Mar. 2024 was $4,118 Mil. Therefore, Atlas Copco AB's Gross Margin % for the quarter that ended in Mar. 2024 was 43.81%.

Atlas Copco AB had a gross margin of 43.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Atlas Copco AB was 43.52%. The lowest was 37.40%. And the median was 41.99%.


Atlas Copco AB Gross Profit Historical Data

The historical data trend for Atlas Copco AB'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.

Atlas Copco AB Gross Profit Chart

Atlas Copco AB 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 4,742.38 4,924.01 5,118.93 5,722.10 7,323.06

Atlas Copco AB 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 1,665.66 1,756.60 1,720.55 1,918.38 1,804.19

Competitive Comparison of Atlas Copco AB's Gross Profit

For the Specialty Industrial Machinery subindustry, Atlas Copco AB'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.


Atlas Copco AB's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlas Copco AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Atlas Copco AB's Gross Profit falls into.



Atlas Copco AB Gross Profit Calculation

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

Atlas Copco AB'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
=16832.787 - 9509.729
=7,323

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=4118.122 - 2313.928
=1,804

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 $7,200 Mil.

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

Atlas Copco AB'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
=1,804 / 4118.122
=43.81 %

* 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.


Atlas Copco AB  (OTCPK:ATLKY) 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

Atlas Copco AB had a gross margin of 43.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Atlas Copco AB Gross Profit Related Terms

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Atlas Copco AB (Atlas Copco AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines