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Altice Europe NV (FRA:6AT) Gross Profit : €10,940 Mil (TTM As of Sep. 2020)


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What is Altice Europe NV Gross Profit?

Altice Europe NV's gross profit for the three months ended in Sep. 2020 was €2,746 Mil. Altice Europe NV's gross profit for the trailing twelve months (TTM) ended in Sep. 2020 was €10,940 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Altice Europe NV's gross profit for the three months ended in Sep. 2020 was €2,746 Mil. Altice Europe NV's Revenue for the three months ended in Sep. 2020 was €3,765 Mil. Therefore, Altice Europe NV's Gross Margin % for the quarter that ended in Sep. 2020 was 72.93%.

Altice Europe NV had a gross margin of 72.93% for the quarter that ended in Sep. 2020 => Durable competitive advantage


Altice Europe NV Gross Profit Historical Data

The historical data trend for Altice Europe NV'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.

Altice Europe NV Gross Profit Chart

Altice Europe NV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,896.70 14,221.00 10,411.60 9,774.40 10,848.20

Altice Europe NV Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 2,709.10 2,912.80 2,653.90 2,627.60 2,745.70

Competitive Comparison of Altice Europe NV's Gross Profit

For the Telecom Services subindustry, Altice Europe NV'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.


Altice Europe NV's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Altice Europe NV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Altice Europe NV's Gross Profit falls into.



Altice Europe NV Gross Profit Calculation

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

Altice Europe NV's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Gross Profit (A: Dec. 2019 )=Revenue - Cost of Goods Sold
=14796.2 - 3948
=10,848

Altice Europe NV's Gross Profit for the quarter that ended in Sep. 2020 is calculated as

Gross Profit (Q: Sep. 2020 )=Revenue - Cost of Goods Sold
=3765.1 - 1019.4
=2,746

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was €10,940 Mil.

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

Altice Europe NV's Gross Margin % for the quarter that ended in Sep. 2020 is calculated as

Gross Margin % (Q: Sep. 2020 )=Gross Profit (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,746 / 3765.1
=72.93 %

* 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.


Altice Europe NV  (FRA:6AT) 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

Altice Europe NV had a gross margin of 72.93% for the quarter that ended in Sep. 2020 => Durable competitive advantage


Altice Europe NV Gross Profit Related Terms

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Altice Europe NV (FRA:6AT) Business Description

Traded in Other Exchanges
N/A
Address
Oostdam 1, Woerden, NLD, 3441 EM
Altice Europe NV is engaged in telecom, content, media, entertainment and advertising. The company delivers products and solutions over fibre networks and mobile broadband. It is also a provider of enterprise digital solutions to business customers. The company's segments areFrance, Portugal, Israel, Dominican Republic, Teads, Altice TV, and Others.

Altice Europe NV (FRA:6AT) Headlines

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