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Aena SME (CHIX:AENAE) Gross Profit : €3,874 Mil (TTM As of Sep. 2024)


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What is Aena SME Gross Profit?

Aena SME's gross profit for the three months ended in Sep. 2024 was €1,244 Mil. Aena SME's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €3,874 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Aena SME's gross profit for the three months ended in Sep. 2024 was €1,244 Mil. Aena SME's Revenue for the three months ended in Sep. 2024 was €1,640 Mil. Therefore, Aena SME's Gross Margin % for the quarter that ended in Sep. 2024 was 75.81%.

Aena SME had a gross margin of 75.81% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Aena SME was 68.36%. The lowest was 31.44%. And the median was 59.48%.


Aena SME Gross Profit Historical Data

The historical data trend for Aena SME'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.

Aena SME Gross Profit Chart

Aena SME 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 2,869.00 688.49 912.37 2,558.53 3,325.86

Aena SME Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,058.01 714.50 820.90 1,094.67 1,243.65

Competitive Comparison of Aena SME's Gross Profit

For the Airports & Air Services subindustry, Aena SME'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.


Aena SME's Gross Profit Distribution in the Transportation Industry

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

* The bar in red indicates where Aena SME's Gross Profit falls into.



Aena SME Gross Profit Calculation

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

Aena SME'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
=5047.917 - 1722.054
=3,326

Aena SME's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1640.487 - 396.841
=1,244

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,874 Mil.

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

Aena SME's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,244 / 1640.487
=75.81 %

* 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.


Aena SME  (CHIX:AENAe) 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

Aena SME had a gross margin of 75.81% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Aena SME Gross Profit Related Terms

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Aena SME Business Description

Traded in Other Exchanges
Address
Calle Peonias, 12, Madrid, ESP, 28042
Aena SME SA is a Spanish airport operator with various airports in Spain, including Madrid and Barcelona, and has stakes in multiple international airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. The Group carries out its business activities in the following segments: Airports; Real estate services; Region de Murcia International Airport (AIRM) and International.

Aena SME Headlines

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