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Scentre Group (ASX:SCG) Gross Profit : A$1,841 Mil (TTM As of Dec. 2024)


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What is Scentre Group Gross Profit?

Scentre Group's gross profit for the six months ended in Dec. 2024 was A$935 Mil. Scentre Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was A$1,841 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Scentre Group's gross profit for the six months ended in Dec. 2024 was A$935 Mil. Scentre Group's Revenue for the six months ended in Dec. 2024 was A$1,361 Mil. Therefore, Scentre Group's Gross Margin % for the quarter that ended in Dec. 2024 was 68.72%.

Scentre Group had a gross margin of 68.72% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Scentre Group was 73.01%. The lowest was 61.95%. And the median was 69.43%.


Scentre Group Gross Profit Historical Data

The historical data trend for Scentre 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.

Scentre Group Gross Profit Chart

Scentre Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,578.60 1,585.30 1,638.90 1,755.70 1,841.00

Scentre Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 824.00 881.20 874.50 906.00 935.00

Competitive Comparison of Scentre Group's Gross Profit

For the REIT - Retail subindustry, Scentre 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.


Scentre Group's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Scentre Group's Gross Profit distribution charts can be found below:

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


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Scentre Group Gross Profit Calculation

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

Scentre Group's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=2637.1 - 796.1
=1,841

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1360.6 - 425.6
=935

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$1,841 Mil.

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

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

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=935 / 1360.6
=68.72 %

* 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.


Scentre Group  (ASX:SCG) 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

Scentre Group had a gross margin of 68.72% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Scentre Group Gross Profit Related Terms

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Scentre Group Business Description

Traded in Other Exchanges
Address
85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning seven of the top 10 Australian and four of the top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. While about one fifth of floor space is allocated to department stores as at December 2024, we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. Almost every Scentre mall is anchored by at least one supermarket but these tenants accounts for less than 10% of gross lettable area due to the large size of Scentre's assets.

Scentre Group Headlines