GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Remy Cointreau (OTCPK:REMYF) » Definitions » Gross Profit

Remy Cointreau (Remy Cointreau) Gross Profit : $1,005 Mil (TTM As of Sep. 2023)


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

What is Remy Cointreau Gross Profit?

Remy Cointreau's gross profit for the six months ended in Sep. 2023 was $491 Mil. Remy Cointreau's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $1,005 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Remy Cointreau's gross profit for the six months ended in Sep. 2023 was $491 Mil. Remy Cointreau's Revenue for the six months ended in Sep. 2023 was $680 Mil. Therefore, Remy Cointreau's Gross Margin % for the quarter that ended in Sep. 2023 was 72.23%.

Remy Cointreau had a gross margin of 72.23% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Remy Cointreau was 71.32%. The lowest was 59.93%. And the median was 66.40%.


Remy Cointreau Gross Profit Historical Data

The historical data trend for Remy Cointreau'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.

Remy Cointreau Gross Profit Chart

Remy Cointreau Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 803.16 747.96 809.64 992.40 1,181.80

Remy Cointreau Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only 524.59 501.32 617.53 514.03 490.82

Competitive Comparison of Remy Cointreau's Gross Profit

For the Beverages - Wineries & Distilleries subindustry, Remy Cointreau'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.


Remy Cointreau's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Remy Cointreau's Gross Profit distribution charts can be found below:

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



Remy Cointreau Gross Profit Calculation

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

Remy Cointreau's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=1657.923 - 476.124
=1,182

Remy Cointreau's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=679.509 - 188.687
=491

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,005 Mil.

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

Remy Cointreau's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=491 / 679.509
=72.23 %

* 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.


Remy Cointreau  (OTCPK:REMYF) 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

Remy Cointreau had a gross margin of 72.23% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Remy Cointreau Gross Profit Related Terms

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


Remy Cointreau (Remy Cointreau) Business Description

Traded in Other Exchanges
Address
Rue Joseph Pataa, Cognac, FRA, 16100
Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (Remy Cointreau) Headlines

From GuruFocus

Remy-Cointreau a Great Company but Expensive Stock

By Holmes Osborne, CFA Holmes Osborne, CFA 04-18-2016