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El AL Israel Airlines (El AL Israel Airlines) Gross Profit : $397 Mil (TTM As of Dec. 2023)


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What is El AL Israel Airlines Gross Profit?

El AL Israel Airlines's gross profit for the three months ended in Dec. 2023 was $-288 Mil. El AL Israel Airlines's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $397 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. El AL Israel Airlines's gross profit for the three months ended in Dec. 2023 was $-288 Mil. El AL Israel Airlines's Revenue for the three months ended in Dec. 2023 was $678 Mil. Therefore, El AL Israel Airlines's Gross Margin % for the quarter that ended in Dec. 2023 was -42.49%.

El AL Israel Airlines had a gross margin of -42.49% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of El AL Israel Airlines was 22.45%. The lowest was -28.46%. And the median was 14.87%.


El AL Israel Airlines Gross Profit Historical Data

The historical data trend for El AL Israel Airlines'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.

El AL Israel Airlines Gross Profit Chart

El AL Israel Airlines 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 344.39 -177.33 -234.40 154.10 396.00

El AL Israel Airlines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -247.19 153.21 258.17 273.11 -287.96

Competitive Comparison of El AL Israel Airlines's Gross Profit

For the Airlines subindustry, El AL Israel Airlines'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.


El AL Israel Airlines's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, El AL Israel Airlines's Gross Profit distribution charts can be found below:

* The bar in red indicates where El AL Israel Airlines's Gross Profit falls into.



El AL Israel Airlines Gross Profit Calculation

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

El AL Israel Airlines'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
=2503.1 - 2107.1
=396

El AL Israel Airlines's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=677.781 - 965.743
=-288

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $397 Mil.

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

El AL Israel Airlines'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
=-288 / 677.781
=-42.49 %

* 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.


El AL Israel Airlines  (OTCPK:ELALF) 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

El AL Israel Airlines had a gross margin of -42.49% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


El AL Israel Airlines Gross Profit Related Terms

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El AL Israel Airlines (El AL Israel Airlines) Business Description

Traded in Other Exchanges
Address
PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001
El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.

El AL Israel Airlines (El AL Israel Airlines) Headlines

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