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The Swatch Group AG (The Swatch Group AG) Gross Profit

: $7,163 Mil (TTM As of Dec. 2023)
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The Swatch Group AG's gross profit for the six months ended in Dec. 2023 was $3,331 Mil. The Swatch Group AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $7,163 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The Swatch Group AG's gross profit for the six months ended in Dec. 2023 was $3,331 Mil. The Swatch Group AG's Revenue for the six months ended in Dec. 2023 was $4,474 Mil. Therefore, The Swatch Group AG's Gross Margin % for the quarter that ended in Dec. 2023 was 74.46%.

The Swatch Group AG had a gross margin of 74.46% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of The Swatch Group AG was 80.26%. The lowest was 72.44%. And the median was 76.04%.


The Swatch Group AG Gross Profit Historical Data

The historical data trend for The Swatch Group AG'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.

The Swatch Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,455.32 4,562.13 6,013.03 6,300.99 7,320.77

The Swatch Group AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3,078.18 3,075.66 3,097.90 3,831.63 3,331.41

Competitive Comparison

For the Luxury Goods subindustry, The Swatch Group AG'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 Swatch Group AG Gross Profit Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, The Swatch Group AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where The Swatch Group AG's Gross Profit falls into.



The Swatch Group AG Gross Profit Calculation

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

The Swatch Group AG'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
=9121.184 - 1800.416
=7,321

The Swatch Group AG's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4473.867 - 1142.461
=3,331

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $7,163 Mil.

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

The Swatch Group AG'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
=3,331 / 4473.867
=74.46 %

* 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 Swatch Group AG  (OTCPK:SWGAY) 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 Swatch Group AG had a gross margin of 74.46% for the quarter that ended in Dec. 2023 => Durable competitive advantage


The Swatch Group AG Gross Profit Related Terms

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The Swatch Group AG (The Swatch Group AG) Business Description

Address
Seevorstadt 6, Bienne, CHE, 2501
Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (The Swatch Group AG) Headlines

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