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Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Gross Profit

: $506 Mil (TTM As of Dec. 2023)
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Controladora Vuela Compania de AviacionB de CV's gross profit for the three months ended in Dec. 2023 was $243 Mil. Controladora Vuela Compania de AviacionB de CV's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $506 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Controladora Vuela Compania de AviacionB de CV's gross profit for the three months ended in Dec. 2023 was $243 Mil. Controladora Vuela Compania de AviacionB de CV's Revenue for the three months ended in Dec. 2023 was $899 Mil. Therefore, Controladora Vuela Compania de AviacionB de CV's Gross Margin % for the quarter that ended in Dec. 2023 was 27.03%.

Controladora Vuela Compania de AviacionB de CV had a gross margin of 27.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Controladora Vuela Compania de AviacionB de CV was 24.94%. The lowest was -2.42%. And the median was 15.58%.


Controladora Vuela Compania de AviacionB de CV Gross Profit Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV'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.

Controladora Vuela Compania de AviacionB de CV 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 347.89 -26.02 548.84 245.50 506.00

Controladora Vuela Compania de AviacionB de CV 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 126.50 29.00 118.00 116.00 243.00

Competitive Comparison

For the Airlines subindustry, Controladora Vuela Compania de AviacionB de CV'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.


Controladora Vuela Compania de AviacionB de CV Gross Profit Distribution

For the Transportation industry and Industrials sector, Controladora Vuela Compania de AviacionB de CV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Controladora Vuela Compania de AviacionB de CV's Gross Profit falls into.



Controladora Vuela Compania de AviacionB de CV Gross Profit Calculation

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

Controladora Vuela Compania de AviacionB de CV'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
=3259 - 2753
=506

Controladora Vuela Compania de AviacionB de CV's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=899 - 656
=243

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 $506 Mil.

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

Controladora Vuela Compania de AviacionB de CV'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
=243 / 899
=27.03 %

* 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.


Controladora Vuela Compania de AviacionB de CV  (NYSE:VLRS) 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

Controladora Vuela Compania de AviacionB de CV had a gross margin of 27.03% for the quarter that ended in Dec. 2023 => Competition eroding margins


Controladora Vuela Compania de AviacionB de CV Gross Profit Related Terms

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Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Business Description

Traded in Other Exchanges
Address
Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210
Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.