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Grifols (Grifols) Gross Profit

: $2,098 Mil (TTM As of Sep. 2023)
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Grifols's gross profit for the three months ended in Sep. 2023 was $674 Mil. Grifols's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $2,098 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grifols's gross profit for the three months ended in Sep. 2023 was $674 Mil. Grifols's Revenue for the three months ended in Sep. 2023 was $1,705 Mil. Therefore, Grifols's Gross Margin % for the quarter that ended in Sep. 2023 was 39.55%.

Grifols had a gross margin of 39.55% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Grifols was 50.64%. The lowest was 36.80%. And the median was 45.80%.

Warning Sign:

Grifols SA gross margin has been in long-term decline. The average rate of decline per year is -4.7%.


Grifols Gross Profit Historical Data

The historical data trend for Grifols'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.

Grifols Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,601.37 2,743.51 2,217.62 2,363.91 2,720.36

Grifols Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 554.33 634.65 671.79 674.32 752.27

Competitive Comparison

For the Drug Manufacturers - General subindustry, Grifols'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.


Grifols Gross Profit Distribution

For the Drug Manufacturers industry and Healthcare sector, Grifols's Gross Profit distribution charts can be found below:

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



Grifols Gross Profit Calculation

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

Grifols'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
=7188.634 - 4468.273
=2,720

Grifols's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=1704.89 - 1030.575
=674

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,098 Mil.

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

Grifols's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=674 / 1704.89
=39.55 %

* 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.


Grifols  (NAS:GRFS) 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

Grifols had a gross margin of 39.55% for the quarter that ended in Sep. 2023 => Competition eroding margins


Grifols Gross Profit Related Terms

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Grifols (Grifols) Business Description

Address
Avinguda de la Generalitat, 152-158, Parc de Negocis Can Sant Joan, Sant Cugat del Valles, Barcelona, ESP, 08174
As a vertically integrated plasma derivative producer, Spain-based Grifols collects plasma and then manufactures and sells plasma-derived products globally. By acquiring Talecris in 2011, Grifols dramatically expanded its plasma-derived product portfolio, and the firm's biopharma business contributed 83% of sales in 2022. Grifols also has smaller segments including diagnostics and biosupplies. Diagnostics is roughly 10% of revenue following the Biotest acquisition.

Grifols (Grifols) Headlines

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