GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cebu Air Inc (OTCPK:CEBUF) » Definitions » Gross Profit

Cebu Air (Cebu Air) Gross Profit : $216 Mil (TTM As of Sep. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Cebu Air Gross Profit?

Cebu Air's gross profit for the three months ended in Sep. 2023 was $73 Mil. Cebu Air's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $216 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cebu Air's gross profit for the three months ended in Sep. 2023 was $73 Mil. Cebu Air's Revenue for the three months ended in Sep. 2023 was $408 Mil. Therefore, Cebu Air's Gross Margin % for the quarter that ended in Sep. 2023 was 17.91%.

Cebu Air had a gross margin of 17.91% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Cebu Air was 26.73%. The lowest was -126.31%. And the median was 15.16%.


Cebu Air Gross Profit Historical Data

The historical data trend for Cebu Air'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.

Cebu Air Gross Profit Chart

Cebu Air Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 216.05 324.85 -294.56 -347.39 -119.54

Cebu Air Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -26.59 18.96 47.49 76.86 73.06

Competitive Comparison of Cebu Air's Gross Profit

For the Airlines subindustry, Cebu Air'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.


Cebu Air's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cebu Air's Gross Profit distribution charts can be found below:

* The bar in red indicates where Cebu Air's Gross Profit falls into.



Cebu Air Gross Profit Calculation

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

Cebu Air's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=991.567 - 1111.11
=-120

Cebu Air's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=407.883 - 334.823
=73

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $216 Mil.

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

Cebu Air's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=73 / 407.883
=17.91 %

* 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.


Cebu Air  (OTCPK:CEBUF) 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

Cebu Air had a gross margin of 17.91% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Cebu Air Gross Profit Related Terms

Thank you for viewing the detailed overview of Cebu Air's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Cebu Air (Cebu Air) Business Description

Traded in Other Exchanges
Address
Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

Cebu Air (Cebu Air) Headlines

From GuruFocus

Baron Funds Comments on Cebu Air Inc.

By Holly LaFon Holly LaFon 12-10-2013