The ODP's gross profit for the
three
months ended in Dec. 2023 was $396 Mil. The ODP's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,766 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. The ODP's gross profit for the
three
months ended in Dec. 2023 was $396 Mil. The ODP's Revenue for the
three
months ended in Dec. 2023 was $1,806 Mil. Therefore, The ODP's Gross Margin % for the quarter that ended in Dec. 2023 was 21.93%.
The ODP had a gross margin of 21.93% for the quarter that ended in Dec. 2023 => Competition eroding margins
During the past 13 years, the highestGross Margin % of The ODP was 24.57%. The lowest was 21.76%. And the median was 23.25%.
The ODP Gross Profit Historical Data
The historical data trend for The ODP'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.
For the Specialty Retail subindustry, The ODP'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.
The ODP Gross Profit Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, The ODP's Gross Profit distribution charts can be found below:
* The bar in red indicates where The ODP's Gross Profit falls into.
The ODP Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
The ODP's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,766 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
The ODP's Gross Margin % for the quarter that ended in Dec. 2023 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.
The ODP (NAS:ODP) 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
The ODP had a gross margin of 21.93% for the quarter that ended in Dec. 2023 => Competition eroding margins
The ODP Gross Profit Related Terms
Thank you for viewing the detailed overview of The ODP's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
The ODP Corp is a provider of business services and supplies, products, and digital workplace technology solutions to small, medium-sized and enterprise businesses. The operating business segments are ODP Business Solutions Division; Office Depot Division; Veyer Division and Varis Division. It generates maximum revenue from the Veyer Division segment. The Veyer Division specializes in B2B and consumer business service delivery, with core competencies in distribution, fulfillment, transportation, global sourcing, and purchasing.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ODP has been successfully added to your 