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AIAGF (Aurubis AG) Gross Profit : $1,617 Mil (TTM As of Jun. 2024)


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What is Aurubis AG Gross Profit?

Aurubis AG's gross profit for the three months ended in Jun. 2024 was $546 Mil. Aurubis AG's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $1,617 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aurubis AG's gross profit for the three months ended in Jun. 2024 was $546 Mil. Aurubis AG's Revenue for the three months ended in Jun. 2024 was $5,058 Mil. Therefore, Aurubis AG's Gross Margin % for the quarter that ended in Jun. 2024 was 10.78%.

Aurubis AG had a gross margin of 10.78% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Aurubis AG was 11.29%. The lowest was 6.37%. And the median was 9.76%.

Warning Sign:

Aurubis AG gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


Aurubis AG Gross Profit Historical Data

The historical data trend for Aurubis 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.

Aurubis AG Gross Profit Chart

Aurubis AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,279.36 1,614.74 2,165.93 1,787.65 1,159.62

Aurubis AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 224.26 190.57 401.31 479.59 545.51

Competitive Comparison of Aurubis AG's Gross Profit

For the Metal Fabrication subindustry, Aurubis 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.


Aurubis AG's Gross Profit Distribution in the Industrial Products Industry

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

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



Aurubis AG Gross Profit Calculation

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

Aurubis AG's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=18211.001 - 17051.381
=1,160

Aurubis AG's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=5058.087 - 4512.577
=546

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,617 Mil.

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

Aurubis AG's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=546 / 5058.087
=10.78 %

* 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.


Aurubis AG  (OTCPK:AIAGF) 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

Aurubis AG had a gross margin of 10.78% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Aurubis AG Gross Profit Related Terms

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Aurubis AG Business Description

Traded in Other Exchanges
Address
Hovestrasse 50, Hamburg, BY, DEU, 20539
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

Aurubis AG Headlines

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