GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aperam SA (WBO:APAM) » Definitions » Gross Profit

Aperam (WBO:APAM) Gross Profit

: €6,592 Mil (TTM As of Dec. 2023)
View and export this data going back to 2018. Start your Free Trial

Aperam's gross profit for the three months ended in Dec. 2023 was €1,551 Mil. Aperam's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €6,592 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aperam's gross profit for the three months ended in Dec. 2023 was €1,551 Mil. Aperam's Revenue for the three months ended in Dec. 2023 was €1,551 Mil. Therefore, Aperam's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Aperam had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Aperam was 24.17%. The lowest was 5.75%. And the median was 11.55%.

Warning Sign:

Aperam SA gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


Aperam Gross Profit Historical Data

The historical data trend for Aperam'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.

Aperam 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 397.00 368.00 1,233.00 1,180.00 379.00

Aperam 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 1,616.00 1,876.00 1,702.00 1,463.00 1,551.00

Competitive Comparison

For the Steel subindustry, Aperam'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.


Aperam Gross Profit Distribution

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

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



Aperam Gross Profit Calculation

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

Aperam'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
=6592 - 6213
=379

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1551 - 0
=1,551

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 €6,592 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Aperam'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
=1,551 / 1551
=N/A %

* 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.


Aperam  (WBO:APAM) 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

Aperam had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Aperam Gross Profit Related Terms

Thank you for viewing the detailed overview of Aperam's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Aperam (WBO:APAM) Business Description

Address
24-26 Boulevard d’Avranches, Luxembourg, LUX, 1160
Aperam SA is a Luxembourg-based stainless and specialty steel producer. The company primarily operates through four segments. Its stainless and electrical steel segment produces a wide range of stainless and electrical steel products, and also owns a subsidiary that produces charcoal, which substitutes coke in production. Its service and solutions segment markets the company's products and provides customized steel transformation services. Its alloys and specialties segment produces nickel alloys and certain specific stainless steels. Recycling & Renewables segment includes all recycling and renewable energy activities. It generates majority of its revenue from Germany.