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Bellway (LSE:BWY) Gross Profit : £466 Mil (TTM As of Jan. 2024)


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What is Bellway Gross Profit?

Bellway's gross profit for the six months ended in Jan. 2024 was £203 Mil. Bellway's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was £466 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bellway's gross profit for the six months ended in Jan. 2024 was £203 Mil. Bellway's Revenue for the six months ended in Jan. 2024 was £1,273 Mil. Therefore, Bellway's Gross Margin % for the quarter that ended in Jan. 2024 was 15.95%.

Bellway had a gross margin of 15.95% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Bellway was 25.86%. The lowest was 12.52%. And the median was 22.93%.

Warning Sign:

Bellway PLC gross margin has been in long-term decline. The average rate of decline per year is -9%.


Bellway Gross Profit Historical Data

The historical data trend for Bellway'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.

Bellway Gross Profit Chart

Bellway Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 790.20 350.30 600.10 442.80 648.70

Bellway Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 377.90 64.90 386.30 262.40 203.10

Competitive Comparison of Bellway's Gross Profit

For the Residential Construction subindustry, Bellway'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.


Bellway's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Bellway's Gross Profit distribution charts can be found below:

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



Bellway Gross Profit Calculation

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

Bellway's Gross Profit for the fiscal year that ended in Jul. 2023 is calculated as

Gross Profit (A: Jul. 2023 )=Revenue - Cost of Goods Sold
=3406.6 - 2757.9
=649

Bellway's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=1273.1 - 1070
=203

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £466 Mil.

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

Bellway's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=203 / 1273.1
=15.95 %

* 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.


Bellway  (LSE:BWY) 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

Bellway had a gross margin of 15.95% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Bellway Gross Profit Related Terms

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Bellway (LSE:BWY) Business Description

Traded in Other Exchanges
Address
Woolsington House, Woolsington, Newcastle upon Tyne, GBR, NE13 8BF
Bellway is the U.K.'s fourth-largest residential property developer in terms of both revenue and dwelling completions. Bellway's vertical integration through the land development, construction, and sales and marketing segments of the residential property development value chain aligns with the typical business model employed by homebuilders in the U.K. market.

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