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AEGXF (Aecon Group) Gross Profit : $130 Mil (TTM As of Sep. 2024)


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What is Aecon Group Gross Profit?

Aecon Group's gross profit for the three months ended in Sep. 2024 was $111 Mil. Aecon Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $130 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aecon Group's gross profit for the three months ended in Sep. 2024 was $111 Mil. Aecon Group's Revenue for the three months ended in Sep. 2024 was $941 Mil. Therefore, Aecon Group's Gross Margin % for the quarter that ended in Sep. 2024 was 11.79%.

Aecon Group had a gross margin of 11.79% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Aecon Group was 11.37%. The lowest was 4.22%. And the median was 10.29%.

Warning Sign:

Aecon Group Inc gross margin has been in long-term decline. The average rate of decline per year is -12.4%.


Aecon Group Gross Profit Historical Data

The historical data trend for Aecon 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.

Aecon Group Gross Profit Chart

Aecon Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.14 313.26 286.58 262.02 190.54

Aecon Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial 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 33.77 73.01 46.38 -100.63 111.05

Competitive Comparison of Aecon Group's Gross Profit

For the Engineering & Construction subindustry, Aecon 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.


Aecon Group's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aecon Group's Gross Profit distribution charts can be found below:

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



Aecon Group Gross Profit Calculation

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

Aecon Group'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
=3461.421 - 3270.883
=191

Aecon Group's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=941.493 - 830.445
=111

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $130 Mil.

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

Aecon Group's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=111 / 941.493
=11.79 %

* 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.


Aecon Group  (OTCPK:AEGXF) 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

Aecon Group had a gross margin of 11.79% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Aecon Group Gross Profit Related Terms

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Aecon Group Business Description

Traded in Other Exchanges
Address
20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.