Krones AG (XSWX:KRN) Gross Profit

: CHF1,647 Mil (TTM As of Mar. 2023)

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Krones AG's gross profit for the three months ended in Mar. 2023 was CHF606 Mil. Krones AG's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was CHF1,647 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Krones AG's gross profit for the three months ended in Mar. 2023 was CHF606 Mil. Krones AG's Revenue for the three months ended in Mar. 2023 was CHF1,188 Mil. Therefore, Krones AG's Gross Margin % for the quarter that ended in Mar. 2023 was 51.03%.

Krones AG had a gross margin of 51.03% for the quarter that ended in Mar. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Krones AG was 51.94%. The lowest was 47.65%. And the median was 50.73%.

Krones AG Gross Profit Historical Data

The historical data trend for Krones 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.

Krones AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Gross Profit

2,153.50

2,072.37

2,128.81

1,804.78

1,940.78

Krones AG Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23
Gross Profit																508.08	539.83	528.17	513.05	606.13

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Krones 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.

Annual Data Quarterly Data

Krones AG Gross Profit Distribution

For the Industrial Products industry and Industrials sector, Krones AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where Krones AG's Gross Profit falls in comparison to its industry or sector. The grey bar indicates the Gross Profit's extreme value range as defined by GuruFocus.

Krones AG Gross Profit Calculation

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

Krones AG's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )	=	Revenue	-	Cost of Goods Sold
	=	3782.298	-	1841.52
	=	1,941

Krones AG's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1187.89	-	581.757
	=	606

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,647 Mil.

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

Krones AG's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )	=	Gross Profit (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	606	/	1187.89
	=	51.03 %

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.

Krones AG (XSWX:KRN) 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

Krones AG had a gross margin of 51.03% for the quarter that ended in Mar. 2023 => Durable competitive advantage

Krones AG Gross Profit Related Terms

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Krones AG (XSWX:KRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krones AG (XSWX:KRN) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

KRNTY:USA KRND:UK 0LQ4:UK KRN:Germany

Address

Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073

Website

https://www.krones.com

Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account for most of the Krones' revenue. While the company has a global presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

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