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Steris Gross Profit

: $1,175 Mil (TTM As of Mar. 2019)
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Steris's gross profit for the three months ended in Mar. 2019 was $335 Mil. Steris's gross profit for the trailing twelve months (TTM) ended in Mar. 2019 was $1,175 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Steris's gross profit for the three months ended in Mar. 2019 was $335 Mil. Steris's Revenue for the three months ended in Mar. 2019 was $768 Mil. Therefore, Steris's Gross Margin % for the quarter that ended in Mar. 2019 was 43.57%.

Steris had a gross margin of 43.57% for the quarter that ended in Mar. 2019 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Steris was 42.87%. The lowest was 36.95%. And the median was 40.89%.


Steris Gross Profit Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Steris Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 774.30 895.48 1,026.21 1,092.75 1,175.43

Steris Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 292.37 269.05 284.66 287.00 334.72

Competitive Comparison
* 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.


Steris Gross Profit Distribution

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



Steris Gross Profit Calculation

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

Steris's Gross Profit for the fiscal year that ended in Mar. 2019 is calculated as

Gross Profit (A: Mar. 2019 )=Revenue - Cost of Goods Sold
=2782.17 - 1606.743
=1,175

Steris's Gross Profit for the quarter that ended in Mar. 2019 is calculated as

Gross Profit (Q: Mar. 2019 )=Revenue - Cost of Goods Sold
=768.213 - 433.497
=335

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2019 was 269.05 (Jun. 2018 ) + 284.664 (Sep. 2018 ) + 286.997 (Dec. 2018 ) + 334.716 (Mar. 2019 ) = $1,175 Mil.

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

Steris's Gross Margin % for the quarter that ended in Mar. 2019 is calculated as

Gross Margin % (Q: Mar. 2019 )=Gross Profit (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=335 / 768.213
=43.57 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Steris  (NYSE:STE) 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

Steris had a gross margin of 43.57% for the quarter that ended in Mar. 2019 => Durable competitive advantage


Steris Gross Profit Related Terms


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