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Veolia Environnement (Veolia Environnement) Gross Profit : $8,153 Mil (TTM As of Dec. 2023)


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What is Veolia Environnement Gross Profit?

Veolia Environnement's gross profit for the six months ended in Dec. 2023 was $4,186 Mil. Veolia Environnement's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $8,153 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Veolia Environnement's gross profit for the six months ended in Dec. 2023 was $4,186 Mil. Veolia Environnement's Revenue for the six months ended in Dec. 2023 was $24,642 Mil. Therefore, Veolia Environnement's Gross Margin % for the quarter that ended in Dec. 2023 was 16.99%.

Veolia Environnement had a gross margin of 16.99% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Veolia Environnement was 17.36%. The lowest was 14.95%. And the median was 16.57%.


Veolia Environnement Gross Profit Historical Data

The historical data trend for Veolia Environnement'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.

Veolia Environnement Gross Profit Chart

Veolia Environnement 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 4,845.56 4,730.05 5,200.23 7,569.92 8,178.84

Veolia Environnement 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 2,634.35 3,625.69 3,936.55 3,966.85 4,186.04

Competitive Comparison of Veolia Environnement's Gross Profit

For the Waste Management subindustry, Veolia Environnement'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.


Veolia Environnement's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Veolia Environnement's Gross Profit distribution charts can be found below:

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



Veolia Environnement Gross Profit Calculation

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

Veolia Environnement'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
=49456.925 - 41278.081
=8,179

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=24642.094 - 20456.053
=4,186

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 $8,153 Mil.

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

Veolia Environnement'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
=4,186 / 24642.094
=16.99 %

* 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.


Veolia Environnement  (OTCPK:VEOEF) 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

Veolia Environnement had a gross margin of 16.99% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Veolia Environnement Gross Profit Related Terms

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Veolia Environnement (Veolia Environnement) Business Description

Address
30, rue Madeleine Vionnet, Aubervilliers, FRA, 93300
Veolia is the largest water company globally and a leading player in France. It is also involved in waste management with a significant exposure to France, the United Kingdom, Germany, the United States, and Australia. The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and of its transport activity. The integration of most activities of the historical rival Suez in 2022 drove a turnover increase of nearly 40%.