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Vodafone Group (Vodafone Group) Gross Profit

: $15,144 Mil (TTM As of Sep. 2023)
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Vodafone Group's gross profit for the six months ended in Sep. 2023 was $7,108 Mil. Vodafone Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $15,144 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vodafone Group's gross profit for the six months ended in Sep. 2023 was $7,108 Mil. Vodafone Group's Revenue for the six months ended in Sep. 2023 was $23,412 Mil. Therefore, Vodafone Group's Gross Margin % for the quarter that ended in Sep. 2023 was 30.36%.

Vodafone Group had a gross margin of 30.36% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Vodafone Group was 32.92%. The lowest was 26.29%. And the median was 30.28%.


Vodafone Group Gross Profit Historical Data

The historical data trend for Vodafone Group'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.

Vodafone Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,261.02 15,792.27 16,336.91 16,526.43 15,905.78

Vodafone Group 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 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 8,696.47 8,385.46 7,277.23 8,036.40 7,107.79

Competitive Comparison

For the Telecom Services subindustry, Vodafone Group'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.


Vodafone Group Gross Profit Distribution

For the Telecommunication Services industry and Communication Services sector, Vodafone Group's Gross Profit distribution charts can be found below:

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



Vodafone Group Gross Profit Calculation

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

Vodafone Group'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
=48935.76 - 33029.978
=15,906

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

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=23411.953 - 16304.162
=7,108

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 $15,144 Mil.

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

Vodafone Group'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
=7,108 / 23411.953
=30.36 %

* 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.


Vodafone Group  (NAS:VOD) 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

Vodafone Group had a gross margin of 30.36% for the quarter that ended in Sep. 2023 => Competition eroding margins


Vodafone Group Gross Profit Related Terms

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Vodafone Group (Vodafone Group) Business Description

Address
Vodafone House, The Connection, Newbury, Berkshire, GBR, RG14 2FN
Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the U.K. and Italy, it acts as a mobile operator, while in Spain it offers converged services after the acquisition of cable operator Ono in 2014. Vodafone also has operations in several Central European and African countries, which combined represent around one third of revenue.