GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versum Materials Inc (NYSE:VSM) » Definitions » Gross Profit

Versum Materials (Versum Materials) Gross Profit : $569 Mil (TTM As of Jun. 2019)


View and export this data going back to 2016. Start your Free Trial

What is Versum Materials Gross Profit?

Versum Materials's gross profit for the three months ended in Jun. 2019 was $139 Mil. Versum Materials's gross profit for the trailing twelve months (TTM) ended in Jun. 2019 was $569 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Versum Materials's gross profit for the three months ended in Jun. 2019 was $139 Mil. Versum Materials's Revenue for the three months ended in Jun. 2019 was $324 Mil. Therefore, Versum Materials's Gross Margin % for the quarter that ended in Jun. 2019 was 42.77%.

Versum Materials had a gross margin of 42.77% for the quarter that ended in Jun. 2019 => Durable competitive advantage


Versum Materials Gross Profit Historical Data

The historical data trend for Versum Materials'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.

Versum Materials Gross Profit Chart

Versum Materials Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Gross Profit
Get a 7-Day Free Trial 303.60 392.80 427.90 490.50 584.20

Versum Materials Quarterly Data
Sep13 Sep14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 149.70 150.00 143.40 136.40 138.70

Competitive Comparison of Versum Materials's Gross Profit

For the Chemicals subindustry, Versum Materials'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.


Versum Materials's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Versum Materials's Gross Profit distribution charts can be found below:

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



Versum Materials Gross Profit Calculation

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

Versum Materials's Gross Profit for the fiscal year that ended in Sep. 2018 is calculated as

Gross Profit (A: Sep. 2018 )=Revenue - Cost of Goods Sold
=1372.3 - 788.1
=584

Versum Materials's Gross Profit for the quarter that ended in Jun. 2019 is calculated as

Gross Profit (Q: Jun. 2019 )=Revenue - Cost of Goods Sold
=324.3 - 185.6
=139

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $569 Mil.

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

Versum Materials's Gross Margin % for the quarter that ended in Jun. 2019 is calculated as

Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=139 / 324.3
=42.77 %

* 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.


Versum Materials  (NYSE:VSM) 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

Versum Materials had a gross margin of 42.77% for the quarter that ended in Jun. 2019 => Durable competitive advantage


Versum Materials Gross Profit Related Terms

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


Versum Materials (Versum Materials) Business Description

Traded in Other Exchanges
N/A
Address
8555 South River Parkway, Tempe, AZ, USA, 85284
Versum Materials is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets. It supplies specialty chemicals and materials, high-purity specialty gases, proprietary delivery systems, and related services. The semiconductor industry accounts for 85% of sales. Versum generated fiscal 2017 revenue and adjusted EBIT of $1,127 million and $326 million, respectively. Versum employs almost 2,000 and serves 250 customers from its global network of 14 production sites and six R&D facilities.
Executives
Alejandro Daniel Wolff director ALBEMARLE CORP., 451 FLORIDA ST, BATON ROUGE LA 70801
Seifi Ghasemi director 100 OVERLOOK CENTER, PRINCETON NJ 08540
Guillermo Novo director, officer: President and CEO AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Yi Hyon Paik director ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Jacques M Croisetiere director C/O MORTON INTERNATIONAL INC, 100 N RIVERSIDE PLZ, CHICAGO IL 60606

Versum Materials (Versum Materials) Headlines

From GuruFocus

Keeley Funds Comments on Versum Materials

By Holly LaFon Holly LaFon 10-30-2017

Keeley Funds Comments on Versum Materials

By Holly LaFon Holly LaFon 10-24-2017

Keeley Funds' Mid Cap Dividend Value Fund 1st Quarter Commentary

By Holly LaFon Holly LaFon 04-17-2019