Altice USA's gross profit for the
three
months ended in Mar. 2022 was $1,593 Mil. Altice USA's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $6,675 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Altice USA's gross profit for the
three
months ended in Mar. 2022 was $1,593 Mil. Altice USA's Revenue for the
three
months ended in Mar. 2022 was $2,422 Mil. Therefore, Altice USA's Gross Margin % for the quarter that ended in Mar. 2022 was 65.78%.
Altice USA had a gross margin of 65.78% for the quarter that ended in Mar. 2022 => Durable competitive advantage
During the past 6 years, the highestGross Margin % of Altice USA was 68.24%. The lowest was 66.19%. And the median was 66.66%.
Altice USA Gross Profit Historical Data
The historical data trend for Altice USA'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 USA Annual Data
Trend
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Gross Profit
6,271.30
6,393.53
6,460.33
6,554.20
6,708.72
Altice USA Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Gross Profit
1,626.96
1,666.14
1,730.97
1,684.65
1,593.10
Competitive Comparison
For the Telecom Services subindustry, Altice USA'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 USA Gross Profit Distribution
For the Telecommunication Services industry and Communication Services sector, Altice USA's Gross Profit distribution charts can be found below:
* The bar in red indicates where Altice USA's Gross Profit falls into.
Altice USA Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Altice USA's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,675 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Altice USA's Gross Margin % for the quarter that ended in Mar. 2022 is calculated as
* 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 USA (NYSE:ATUS) 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 USA had a gross margin of 65.78% for the quarter that ended in Mar. 2022 => Durable competitive advantage
Altice USA Gross Profit Related Terms
Thank you for viewing the detailed overview of Altice USA's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provided television, internet access, and phone services to roughly 3.5 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provided comparable services to about 5.5 million homes and business in the New York City metro area. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local 24-hour news networks in New York, i24News, a news operation focused on the Middle East and Israel, and Cheddar, a news upstart.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
0.2(2.16%) Volume: 1,895,079 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NYSE:ATUS has been successfully added to your 
