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Leroy Seafood Group ASA Gross Profit

: $1,361 Mil (TTM As of Mar. 2022)
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Leroy Seafood Group ASA's gross profit for the three months ended in Mar. 2022 was $356 Mil. Leroy Seafood Group ASA's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $1,361 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Leroy Seafood Group ASA's gross profit for the three months ended in Mar. 2022 was $356 Mil. Leroy Seafood Group ASA's Revenue for the three months ended in Mar. 2022 was $625 Mil. Therefore, Leroy Seafood Group ASA's Gross Margin % for the quarter that ended in Mar. 2022 was 56.90%.

Leroy Seafood Group ASA had a gross margin of 56.90% for the quarter that ended in Mar. 2022 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Leroy Seafood Group ASA was 51.49%. The lowest was 32.42%. And the median was 41.92%.


Leroy Seafood Group ASA Gross Profit Historical Data

The historical data trend for Leroy Seafood Group ASA'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.

Leroy Seafood Group ASA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 871.98 1,184.09 987.37 921.76 1,271.17

Leroy Seafood Group ASA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 314.60 364.72 269.08 371.51 355.81

Competitive Comparison

For the Packaged Foods subindustry, Leroy Seafood Group ASA'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.

   

Leroy Seafood Group ASA Gross Profit Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Leroy Seafood Group ASA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Leroy Seafood Group ASA's Gross Profit falls into.



Leroy Seafood Group ASA Gross Profit Calculation

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

Leroy Seafood Group ASA's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=2569.0928728107 - 1297.9259778869
=1,271

Leroy Seafood Group ASA's Gross Profit for the quarter that ended in Mar. 2022 is calculated as

Gross Profit (Q: Mar. 2022 )=Revenue - Cost of Goods Sold
=625.3059769074 - 269.49490604483
=356

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 $1,361 Mil.

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

Leroy Seafood Group ASA's Gross Margin % for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=356 / 625.3059769074
=56.90 %

* 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.


Leroy Seafood Group ASA  (OTCPK:LYSFY) 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

Leroy Seafood Group ASA had a gross margin of 56.90% for the quarter that ended in Mar. 2022 => Durable competitive advantage


Leroy Seafood Group ASA Gross Profit Related Terms

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Leroy Seafood Group ASA Business Description

Leroy Seafood Group ASA logo
Traded in Other Exchanges
Address
Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Finest Salmon Loin, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.
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