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Aluminium du Maroc (CAS:ALM) Gross Profit : MAD330 Mil (TTM As of Dec. 2023)


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What is Aluminium du Maroc Gross Profit?

Aluminium du Maroc's gross profit for the six months ended in Dec. 2023 was MAD165 Mil. Aluminium du Maroc's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was MAD330 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aluminium du Maroc's gross profit for the six months ended in Dec. 2023 was MAD165 Mil. Aluminium du Maroc's Revenue for the six months ended in Dec. 2023 was MAD599 Mil. Therefore, Aluminium du Maroc's Gross Margin % for the quarter that ended in Dec. 2023 was 27.60%.

Aluminium du Maroc had a gross margin of 27.60% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 12 years, the highest Gross Margin % of Aluminium du Maroc was 31.94%. The lowest was 24.33%. And the median was 27.47%.


Aluminium du Maroc Gross Profit Historical Data

The historical data trend for Aluminium du Maroc'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.

Aluminium du Maroc Gross Profit Chart

Aluminium du Maroc 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 283.66 259.25 374.40 349.60 330.36

Aluminium du Maroc Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 202.10 213.49 136.11 164.94 165.42

Competitive Comparison of Aluminium du Maroc's Gross Profit

For the Aluminum subindustry, Aluminium du Maroc'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.


Aluminium du Maroc's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium du Maroc's Gross Profit distribution charts can be found below:

* The bar in red indicates where Aluminium du Maroc's Gross Profit falls into.



Aluminium du Maroc Gross Profit Calculation

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

Aluminium du Maroc'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
=1270.02 - 939.66
=330

Aluminium du Maroc's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=599.258 - 433.836
=165

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD330 Mil.

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

Aluminium du Maroc's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=165 / 599.258
=27.60 %

* 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.


Aluminium du Maroc  (CAS:ALM) 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

Aluminium du Maroc had a gross margin of 27.60% for the quarter that ended in Dec. 2023 => Competition eroding margins


Aluminium du Maroc Gross Profit Related Terms

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Aluminium du Maroc (CAS:ALM) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000
Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.

Aluminium du Maroc (CAS:ALM) Headlines

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