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Quebecor (Quebecor) Gross Profit

: $2,223 Mil (TTM As of Dec. 2023)
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Quebecor's gross profit for the three months ended in Dec. 2023 was $569 Mil. Quebecor's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,223 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Quebecor's gross profit for the three months ended in Dec. 2023 was $569 Mil. Quebecor's Revenue for the three months ended in Dec. 2023 was $1,122 Mil. Therefore, Quebecor's Gross Margin % for the quarter that ended in Dec. 2023 was 50.74%.

Quebecor had a gross margin of 50.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Quebecor was 60.09%. The lowest was 54.95%. And the median was 57.56%.

Warning Sign:

Quebecor Inc gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Quebecor Gross Profit Historical Data

The historical data trend for Quebecor'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.

Quebecor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,959.37 2,020.53 2,076.72 1,936.99 2,231.14

Quebecor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 489.22 452.61 604.92 596.19 569.17

Competitive Comparison

For the Telecom Services subindustry, Quebecor'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.


Quebecor Gross Profit Distribution

For the Telecommunication Services industry and Communication Services sector, Quebecor's Gross Profit distribution charts can be found below:

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



Quebecor Gross Profit Calculation

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

Quebecor's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=4050.611 - 1819.469
=2,231

Quebecor's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1121.646 - 552.475
=569

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 $2,223 Mil.

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

Quebecor's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=569 / 1121.646
=50.74 %

* 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.


Quebecor  (OTCPK:QBCAF) 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

Quebecor had a gross margin of 50.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Quebecor Gross Profit Related Terms

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Quebecor (Quebecor) Business Description

Traded in Other Exchanges
Address
612, rue Saint-Jacques, Corporate secretariat, 18th floor, Montreal, QC, CAN, H3C 4M8
Quebecor primarily provides telecom services in Quebec, where it has roughly 1.7 million internet subscribers—equating to a penetration rate of about 50% in its footprint—and over 3 million mobile subscribers, including more than 20% wireless market share in Quebec. With the acquisition of Freedom Mobile in April 2023, Quebecor also has more than 1.5 million mobile subscribers in Ontario, British Columbia, and Alberta. Quebecor also offers a French-language subscription video on demand service and has a media segment that owns and operates television stations, publishes newspapers and magazines, and produces and distributes films and television shows. A very small portion of Quebecor's business engages in live event production and promotion and has ownership of live-event venues.