GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Puma SE (FRA:PUM) » Definitions » Gross Profit

Puma SE (FRA:PUM) Gross Profit : €3,987 Mil (TTM As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Puma SE Gross Profit?

Puma SE's gross profit for the three months ended in Dec. 2023 was €931 Mil. Puma SE's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €3,987 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Puma SE's gross profit for the three months ended in Dec. 2023 was €931 Mil. Puma SE's Revenue for the three months ended in Dec. 2023 was €1,982 Mil. Therefore, Puma SE's Gross Margin % for the quarter that ended in Dec. 2023 was 46.97%.

Puma SE had a gross margin of 46.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Puma SE was 48.82%. The lowest was 45.47%. And the median was 46.79%.

Warning Sign:

Puma SE gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Puma SE Gross Profit Historical Data

The historical data trend for Puma SE'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.

Puma SE Gross Profit Chart

Puma SE 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 2,686.40 2,458.00 3,257.80 3,902.70 3,986.60

Puma SE 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 967.20 1,016.90 949.80 1,088.70 931.10

Competitive Comparison of Puma SE's Gross Profit

For the Footwear & Accessories subindustry, Puma SE'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.


Puma SE's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Puma SE's Gross Profit distribution charts can be found below:

* The bar in red indicates where Puma SE's Gross Profit falls into.



Puma SE Gross Profit Calculation

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

Puma SE'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
=8601.7 - 4615.1
=3,987

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1982.2 - 1051.1
=931

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 €3,987 Mil.

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

Puma SE'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
=931 / 1982.2
=46.97 %

* 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.


Puma SE  (FRA:PUM) 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

Puma SE had a gross margin of 46.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Puma SE Gross Profit Related Terms

Thank you for viewing the detailed overview of Puma SE's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Puma SE (FRA:PUM) Business Description

Address
Puma Way 1, Herzogenaurach, BY, DEU, 91074
Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (51% of 2022 sales) is its largest category, followed by apparel (34%) and accessories (15%). Puma also licenses its name for fragrances, eyewear, and watches. Most (77% in 2022) of its sales are through wholesale partners, with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (36.8% of 2022 sales), the Americas (43.5%), and Asia-Pacific (19.7%).
Executives
Bjørn Gulden Board of Directors

Puma SE (FRA:PUM) Headlines

No Headlines