GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Heineken Holding NV (OTCPK:HKHHF) » Definitions » Gross Profit
中文

Heineken Holding NV (Heineken Holding NV) Gross Profit : $11,182 Mil (TTM As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Heineken Holding NV Gross Profit?

Heineken Holding NV's gross profit for the six months ended in Dec. 2023 was $5,960 Mil. Heineken Holding NV's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $11,182 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Heineken Holding NV's gross profit for the six months ended in Dec. 2023 was $5,960 Mil. Heineken Holding NV's Revenue for the six months ended in Dec. 2023 was $17,272 Mil. Therefore, Heineken Holding NV's Gross Margin % for the quarter that ended in Dec. 2023 was 34.51%.

Heineken Holding NV had a gross margin of 34.51% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Heineken Holding NV was 39.12%. The lowest was 33.87%. And the median was 37.44%.

Warning Sign:

Heineken Holding NV gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Heineken Holding NV Gross Profit Historical Data

The historical data trend for Heineken Holding 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.

Heineken Holding NV Gross Profit Chart

Heineken Holding NV 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 10,418.89 8,838.20 9,498.31 10,700.21 11,215.92

Heineken Holding NV 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 4,935.59 5,184.99 5,504.24 5,222.10 5,959.65

Competitive Comparison of Heineken Holding NV's Gross Profit

For the Beverages - Brewers subindustry, Heineken Holding 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.


Heineken Holding NV's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken Holding NV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Heineken Holding NV's Gross Profit falls into.



Heineken Holding NV Gross Profit Calculation

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

Heineken Holding NV'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
=33110.142 - 21894.221
=11,216

Heineken Holding NV's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=17271.538 - 11311.887
=5,960

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 $11,182 Mil.

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

Heineken Holding NV'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
=5,960 / 17271.538
=34.51 %

* 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.


Heineken Holding NV  (OTCPK:HKHHF) 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

Heineken Holding NV had a gross margin of 34.51% for the quarter that ended in Dec. 2023 => Competition eroding margins


Heineken Holding NV Gross Profit Related Terms

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


Heineken Holding NV (Heineken Holding NV) Business Description

Address
Tweede Weteringplantsoen 5, Amsterdam, NH, NLD, 1017 ZD
Heineken Holding NV holds more than 50% of Heineken NV's issued shares. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. Heineken Holding NV has five segments: Europe, Americas, Africa, Middle East & Eastern Europe, and Asia-Pacific. Heineken NV brews and sells more than 200 brands of beer in nearly 200 countries. Notable brands include Heineken, Amstel, Dos Equis, Tecate, Goldberg, Red Stripe, Legunitas, and Tiger. Close to half of Heineken NV's revenue comes from Europe, and nearly one third of its revenue comes from the Americas. The remaining revenue is split among the Asia-Pacific, Africa, and Middle East and Eastern Europe regions.