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Glanbia (CHIX:GL9I) Gross Profit : €1,111 Mil (TTM As of Jun. 2024)


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What is Glanbia Gross Profit?

Glanbia's gross profit for the six months ended in Jun. 2024 was €562 Mil. Glanbia's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €1,111 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Glanbia's gross profit for the six months ended in Jun. 2024 was €562 Mil. Glanbia's Revenue for the six months ended in Jun. 2024 was €1,687 Mil. Therefore, Glanbia's Gross Margin % for the quarter that ended in Jun. 2024 was 33.30%.

Glanbia had a gross margin of 33.30% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Glanbia was 30.15%. The lowest was 16.92%. And the median was 21.36%.

Warning Sign:

Glanbia PLC gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Glanbia Gross Profit Historical Data

The historical data trend for Glanbia'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.

Glanbia Gross Profit Chart

Glanbia 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 755.18 674.76 832.27 949.19 1,030.80

Glanbia Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 512.45 437.83 484.39 549.56 561.67

Competitive Comparison of Glanbia's Gross Profit

For the Packaged Foods subindustry, Glanbia'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.


Glanbia's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Glanbia's Gross Profit distribution charts can be found below:

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



Glanbia Gross Profit Calculation

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

Glanbia'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
=4975.092 - 3944.292
=1,031

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1686.692 - 1125.019
=562

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,111 Mil.

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

Glanbia'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
=562 / 1686.692
=33.30 %

* 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.


Glanbia  (CHIX:GL9i) 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

Glanbia had a gross margin of 33.30% for the quarter that ended in Jun. 2024 => Competition eroding margins


Glanbia Gross Profit Related Terms

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Glanbia Business Description

Traded in Other Exchanges
Address
Ring Road, Glanbia House, Kilkenny, IRL, R95 E866
Meaning "pure food" in Irish, Glanbia is a global ingredient and branded performance nutrition manufacturer present in 32 countries with sales in 130 countries and over 7,500 employees. Originating in Ireland in the 1960s in the dairy processing industry, predecessor companies were initially listed in 1988 before Glanbia came into being in 1999. Production facilities are concentrated in Ireland, the U.K., Germany, the United States, and China. Glanbia processes over 6 billion liters of milk annually and is also a major producer of U.S. cheddar cheese. Glanbia generates more than 80% of its revenue in the United States.

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