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voestalpine AG (voestalpine AG) Gross Profit : $3,107 Mil (TTM As of Dec. 2023)


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What is voestalpine AG Gross Profit?

voestalpine AG's gross profit for the three months ended in Dec. 2023 was $645 Mil. voestalpine AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3,107 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. voestalpine AG's gross profit for the three months ended in Dec. 2023 was $645 Mil. voestalpine AG's Revenue for the three months ended in Dec. 2023 was $4,226 Mil. Therefore, voestalpine AG's Gross Margin % for the quarter that ended in Dec. 2023 was 15.26%.

voestalpine AG had a gross margin of 15.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of voestalpine AG was 23.06%. The lowest was 16.83%. And the median was 20.41%.

Warning Sign:

voestalpine AG gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


voestalpine AG Gross Profit Historical Data

The historical data trend for voestalpine 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.

voestalpine AG Gross Profit Chart

voestalpine AG 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 3,144.75 2,384.53 2,184.05 3,702.86 3,892.61

voestalpine AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 798.84 839.62 884.29 738.85 644.71

Competitive Comparison of voestalpine AG's Gross Profit

For the Steel subindustry, voestalpine 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.


voestalpine AG's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, voestalpine AG's Gross Profit distribution charts can be found below:

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



voestalpine AG Gross Profit Calculation

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

voestalpine AG'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
=19512.955 - 15620.343
=3,893

voestalpine 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
=4225.518 - 3580.807
=645

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 $3,107 Mil.

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

voestalpine 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
=645 / 4225.518
=15.26 %

* 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.


voestalpine AG  (OTCPK:VLPNF) 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

voestalpine AG had a gross margin of 15.26% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


voestalpine AG Gross Profit Related Terms

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voestalpine AG (voestalpine AG) Business Description

Address
Voestalpine-Strasse 1, Linz, AUT, 4020
voestalpine AG is an Austria-based holding company engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors. The company generates its revenue from the European Union.

voestalpine AG (voestalpine AG) Headlines

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