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Xerox Holdings (Xerox Holdings) Gross Profit

: $2,314 Mil (TTM As of Dec. 2023)
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Xerox Holdings's gross profit for the three months ended in Dec. 2023 was $592 Mil. Xerox Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,314 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Xerox Holdings's gross profit for the three months ended in Dec. 2023 was $592 Mil. Xerox Holdings's Revenue for the three months ended in Dec. 2023 was $1,765 Mil. Therefore, Xerox Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 33.54%.

Xerox Holdings had a gross margin of 33.54% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Xerox Holdings was 40.75%. The lowest was 32.62%. And the median was 39.97%.

Warning Sign:

Xerox Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -4.5%.


Xerox Holdings Gross Profit Historical Data

The historical data trend for Xerox Holdings'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.

Xerox Holdings 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 3,650.00 2,626.00 2,403.00 2,318.00 2,314.00

Xerox Holdings 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 675.00 589.00 597.00 536.00 592.00

Competitive Comparison

For the Information Technology Services subindustry, Xerox Holdings'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.


Xerox Holdings Gross Profit Distribution

For the Software industry and Technology sector, Xerox Holdings's Gross Profit distribution charts can be found below:

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



Xerox Holdings Gross Profit Calculation

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

Xerox Holdings'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
=6886 - 4572
=2,314

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1765 - 1173
=592

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 $2,314 Mil.

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

Xerox Holdings'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
=592 / 1765
=33.54 %

* 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.


Xerox Holdings  (NAS:XRX) 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

Xerox Holdings had a gross margin of 33.54% for the quarter that ended in Dec. 2023 => Competition eroding margins


Xerox Holdings Gross Profit Related Terms

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Xerox Holdings (Xerox Holdings) Business Description

Address
201 Merritt 7, P.O. Box 4505, Norwalk, CT, USA, 06851-1056
Xerox Holdings Corp is an original equipment manufacturing and software company. Xerox operates in one segment--design, development, and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.
Executives
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Darwin Deason 10 percent owner 2828 N HASKELL AVENUE, BLDG 1 FL-10, DALLAS TX 75204
Suzan Morno-wade officer: EVP & CHRO XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851-1056
Steven John Bandrowczak officer: President and COO C/O NORTEL NETWORKS CORPORATION, 195 THE WEST MALL, TORONTO A6 M9C 5K1
Mirlanda Gecaj officer: VP & CAO XEROX HOLDINGS CORPORATION, 201 MERRITT 7, NORWALK CT 06851
Philip Giordano director 100 EAST DILDO DRIVE, MIAMI BEACH FL 33139
A. Scott Letier director 5956 SHERRY LN, SUITE 800, DALLAS TX 75225
Jesse Lynn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Nichelle Maynard-elliott director PLATFORM SPECIALTY PRODUCTS CORPORATION, 383 MAIN AVENUE, NORWALK CT 06851
Hernandez Margarita Palau director 300 N. SAN RAFAEL AVE., PASADENA CA 91105
Steven D Miller director 16690 COLLINS AVENUE, PH, SUNNY ISLE BEACH FL 33160
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Jacques-edouard Gueden officer: Executive Vice President XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851
John G Bruno officer: President and COO
Naresh Shanker officer: SVP, Chief Technology Officer XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851