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Balfour Beatty (Balfour Beatty) Gross Profit : $506 Mil (TTM As of Dec. 2023)


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What is Balfour Beatty Gross Profit?

Balfour Beatty's gross profit for the six months ended in Dec. 2023 was $278 Mil. Balfour Beatty's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $506 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Balfour Beatty's gross profit for the six months ended in Dec. 2023 was $278 Mil. Balfour Beatty's Revenue for the six months ended in Dec. 2023 was $5,294 Mil. Therefore, Balfour Beatty's Gross Margin % for the quarter that ended in Dec. 2023 was 5.26%.

Balfour Beatty had a gross margin of 5.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Balfour Beatty was 5.60%. The lowest was 1.80%. And the median was 4.30%.


Balfour Beatty Gross Profit Historical Data

The historical data trend for Balfour Beatty'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.

Balfour Beatty Gross Profit Chart

Balfour Beatty 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 500.66 321.24 373.67 520.10 506.33

Balfour Beatty 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 187.50 213.05 309.38 227.27 278.48

Competitive Comparison of Balfour Beatty's Gross Profit

For the Engineering & Construction subindustry, Balfour Beatty'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.


Balfour Beatty's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Balfour Beatty's Gross Profit distribution charts can be found below:

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



Balfour Beatty Gross Profit Calculation

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

Balfour Beatty'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
=10117.722 - 9611.393
=506

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5293.671 - 5015.19
=278

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 $506 Mil.

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

Balfour Beatty'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
=278 / 5293.671
=5.26 %

* 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.


Balfour Beatty  (OTCPK:BAFYY) 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

Balfour Beatty had a gross margin of 5.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Balfour Beatty Gross Profit Related Terms

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Balfour Beatty (Balfour Beatty) Business Description

Traded in Other Exchanges
Address
5 Churchill Place, Canary Wharf, London, GBR, E14 5HU
Balfour Beatty PLC finances, builds, and maintains infrastructure projects. It develops projects in energy, water, communications, transportation, and other industrial markets. In addition, the company manages construction businesses and provides maintenance and management services in power transmission, utilities infrastructure, road, and rail. Some projects are granted through concessions by government authorities. Balfour Beatty operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets when there are opportunities to manage the projects upon completion and create recurring revenue. The majority of sales are derived from the United Kingdom and the United States.

Balfour Beatty (Balfour Beatty) Headlines