Sirius XM Holdings (BSP:SRXM34) Gross Profit: R$18,684 Mil (TTM As of Jun. 2024)

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BSP:SRXM34 Sirius XM Holdings Inc BSP:SRXM34
71 GF Score
Price R$17.75
GF Value R$16.18
! 11 Warning Signs
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What is Sirius XM Holdings Gross Profit?

Sirius XM Holdings BSP:SRXM34 71 Gross Profit is R$18,684 Mil as of Jun. 2024. GuruFocus rates BSP:SRXM34 with a GF Score™ of 71/100 and a GF Value™ of R$16.18. The stock has 11 warning signs investors should review.

Sirius XM Holdings's gross profit for the three months ended in Jun. 2024 was R$4,725 Mil. Sirius XM Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was R$18,684 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sirius XM Holdings's gross profit for the three months ended in Jun. 2024 was R$4,725 Mil. Sirius XM Holdings's Revenue for the three months ended in Jun. 2024 was R$11,347 Mil. Therefore, Sirius XM Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 41.64%.

Sirius XM Holdings had a gross margin of 41.64% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Sirius XM Holdings was 52.07%. The lowest was 47.04%. And the median was 50.39%.

Warning Sign:

Sirius XM Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Sirius XM Holdings  (BSP:SRXM34) 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

Sirius XM Holdings had a gross margin of 41.64% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Sirius XM Holdings Gross Profit Related Terms


Sirius XM Holdings Gross Profit Historical Data

* Premium members only.

The historical data trend for Sirius XM 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.

Sirius XM Holdings Gross Profit Chart

Sirius XM Holdings 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 13,502.90 18,311.48 20,688.95 20,379.18 18,555.98

Sirius XM Holdings 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 4,742.15 4,793.54 4,808.06 4,357.32 4,725.33

BSP:SRXM34 vs LLYVA, MSGS, PSKY: Gross Profit Comparison

For the Entertainment subindustry, Sirius XM 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.


Sirius XM Holdings Gross Profit vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sirius XM Holdings's Gross Profit distribution charts can be found below:

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


BSP:SRXM34
71GF Score
Sirius XM Holdings Inc BSP:SRXM34
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Sirius XM Holdings Gross Profit Calculation

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

Sirius XM 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
=44719.166930677 - 26163.185120394
=18,556

Sirius XM Holdings's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=11347.055788548 - 6621.7208022241
=4,725

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 R$18,684 Mil.

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

Sirius XM Holdings'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
=4,725 / 11347.055788548
=41.64 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of R$18,684 Mil mean?
Sirius XM Holdings (BSP:SRXM34) has a Gross Profit of R$18,684 Mil as of Jun. 2024. Gross Profit equals net sales less total cost of goods sold. View historical data on Sirius XM Holdings and its competitors.
Is Sirius XM Holdings' Gross Profit too high?
Sirius XM Holdings' current Gross Profit is R$18,684 Mil. Overall, Sirius XM Holdings has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Sirius XM Holdings' Gross Profit compare to LLYVA and MSGS?
Sirius XM Holdings' Gross Profit of R$18,684 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Media - Diversified company?
A good Gross Profit depends on the Media - Diversified industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Sirius XM Holdings and its competitors. Sirius XM Holdings's current Gross Profit is R$18,684 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius XM Holdings stock overvalued right now?
Sirius XM Holdings (BSP:SRXM34) has a current Gross Profit of R$18,684 Mil. The stock's GF Value™ is R$16.18, compared to a current price of R$17.75 — trading 9.7% above its estimated fair value. The current Gross Profit is R$18,684 Mil. Sirius XM Holdings' overall GF Score™ is 71/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Sirius XM Holdings (BSP:SRXM34), the current Gross Profit is R$18,684 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sirius XM Holdings (BSP:SRXM34) Overvalued in 2026?

Based on GuruFocus' analysis, Sirius XM Holdings stock appears to be overvalued. The current stock price of R$17.75 is trading 9.7% above its estimated GF Value™ of R$16.18.

Key valuation signals for BSP:SRXM34:

  • Gross Profit: R$18,684 Mil
  • GF Value™: R$16.18 vs. price of R$17.75 (9.7% above fair value)
  • GF Score™: 71/100 with 11 warning signs

No single metric tells the full story. See the BSP:SRXM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sirius XM Holdings Business Description

Address 1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020
Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service that offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company provides the service via a fleet of geostationary satellites it owns and operates and now offers a streaming SiriusXM option. Pandora, which accounts for a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants such as Spotify, Apple Music, and YouTube Music.
71GF Score

Get the complete analysis for BSP:SRXM34

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$17.75
Price
R$16.18
GF Value