Coty's gross profit for the
three
months ended in Jun. 2023 was $850 Mil. Coty's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $3,547 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Coty's gross profit for the
three
months ended in Jun. 2023 was $850 Mil. Coty's Revenue for the
three
months ended in Jun. 2023 was $1,352 Mil. Therefore, Coty's Gross Margin % for the quarter that ended in Jun. 2023 was 62.85%.
Coty had a gross margin of 62.85% for the quarter that ended in Jun. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Coty was 63.87%. The lowest was 57.79%. And the median was 60.14%.
Coty Gross Profit Historical Data
The historical data trend for Coty'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.
Coty Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
Gross Profit
3,789.40
2,726.60
2,768.20
3,369.20
3,547.30
Coty Quarterly Data
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Gross Profit
722.10
888.70
998.30
810.80
849.50
Competitive Comparison
For the Household & Personal Products subindustry, Coty'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.
Coty Gross Profit Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Coty's Gross Profit distribution charts can be found below:
* The bar in red indicates where Coty's Gross Profit falls in comparison to its industry or sector. The grey bar indicates the Gross Profit's extreme value range as defined by GuruFocus.
Coty Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Coty's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,547 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Coty's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as
* 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.
Coty (NYSE:COTY) 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
Coty had a gross margin of 62.85% for the quarter that ended in Jun. 2023 => Durable competitive advantage
Coty Gross Profit Related Terms
Thank you for viewing the detailed overview of Coty's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Coty Inc is a global beauty firm that sells fragrance, color cosmetics, and skin and body care. It licenses brands such as Calvin Klein, Hugo Boss, Gucci, Burberry, and Davidoff for its prestige portfolio. Coty's most popular color cosmetic brands are CoverGirl, Max Factor, Rimmel, Sally Hansen, and Kylie. Coty also holds a minority stake in a salon and retail haircare business, including brands Wella, Clairol, OPI, and GHD. The company has two reportable segments such as Prestige and Consumer Beauty. It generates majority of its revenue from Prestige segment.
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