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CGGGF (Coats Group) Gross Profit : $511 Mil (TTM As of Dec. 2024)


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What is Coats Group Gross Profit?

Coats Group's gross profit for the six months ended in Dec. 2024 was $241 Mil. Coats Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $511 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Coats Group's gross profit for the six months ended in Dec. 2024 was $241 Mil. Coats Group's Revenue for the six months ended in Dec. 2024 was $760 Mil. Therefore, Coats Group's Gross Margin % for the quarter that ended in Dec. 2024 was 31.75%.

Coats Group had a gross margin of 31.75% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Coats Group was 38.77%. The lowest was 30.24%. And the median was 34.71%.


Coats Group Gross Profit Historical Data

The historical data trend for Coats 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.

Coats Group Gross Profit Chart

Coats 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 351.80 467.40 478.40 465.10 511.00

Coats 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 216.90 226.80 238.30 269.60 241.40

Competitive Comparison of Coats Group's Gross Profit

For the Textile Manufacturing subindustry, Coats 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.


Coats Group's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Coats Group's Gross Profit distribution charts can be found below:

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


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Coats Group Gross Profit Calculation

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

Coats 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
=1500.9 - 989.9
=511

Coats 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
=760.2 - 518.8
=241

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 $511 Mil.

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

Coats 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
=241 / 760.2
=31.75 %

* 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.


Coats Group  (OTCPK:CGGGF) 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

Coats Group had a gross margin of 31.75% for the quarter that ended in Dec. 2024 => Competition eroding margins


Coats Group Gross Profit Related Terms

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Coats Group Business Description

Traded in Other Exchanges
Address
14 Aldermanbury Square, 4th Floor, London, GBR, EC2V 7HS
Coats Group PLC is a firm manufacturing thread for industrial and consumer use. Its product portfolio includes industrial thread and knitting yarns used in the apparel and footwear industries, zips, trims, composites, and fabrics. The company's customers are grouped into three segments; Apparel which is also the key revenue generating customer segment, Footwear and Performance Materials. Geographically, the company generates a majority of its revenue from China and Hong Kong and the rest from Vietnam, India, United Kingdom and other regions.

Coats Group Headlines