Imperial Brands (CHIX:IMBL) Gross Profit: £7,037 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:IMBL Imperial Brands PLC CHIX:IMBL
58 GF Score
Price £25.26
GF Value £11.77
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Imperial Brands Gross Profit?

Imperial Brands CHIX:IMBL +1.18% 58 Gross Profit is £7,037 Mil as of Mar. 2026. GuruFocus rates CHIX:IMBL with a GF Score™ of 58/100 and a GF Value™ of £11.77 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Imperial Brands's gross profit for the six months ended in Mar. 2026 was £3,167 Mil. Imperial Brands's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was £7,037 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Imperial Brands's gross profit for the six months ended in Mar. 2026 was £3,167 Mil. Imperial Brands's Revenue for the six months ended in Mar. 2026 was £14,719 Mil. Therefore, Imperial Brands's Gross Margin % for the quarter that ended in Mar. 2026 was 21.52%.

Imperial Brands had a gross margin of 21.52% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Imperial Brands was 21.80%. The lowest was 18.38%. And the median was 20.28%.


Imperial Brands  (CHIX:IMBl) 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

Imperial Brands had a gross margin of 21.52% for the quarter that ended in Mar. 2026 => Competition eroding margins


Imperial Brands Gross Profit Related Terms


Imperial Brands Gross Profit Historical Data

* Premium members only.

The historical data trend for Imperial Brands'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.

Imperial Brands Gross Profit Chart

Imperial Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,027.00 6,038.00 6,680.00 6,779.00 7,002.00

Imperial Brands Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3,092.00 3,687.00 3,132.00 3,870.00 3,167.00

CHIX:IMBL vs PM, MO, TPB: Gross Profit Comparison

For the Tobacco subindustry, Imperial Brands'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.


Imperial Brands Gross Profit vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's Gross Profit distribution charts can be found below:

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


CHIX:IMBL
58GF Score
Imperial Brands PLC CHIX:IMBL
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Brands Gross Profit Calculation

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

Imperial Brands's Gross Profit for the fiscal year that ended in Sep. 2025 is calculated as

Gross Profit (A: Sep. 2025 )=Revenue - Cost of Goods Sold
=32171 - 25169
=7,002

Imperial Brands's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=14719 - 11552
=3,167

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £7,037 Mil.

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

Imperial Brands's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,167 / 14719
=21.52 %

* 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.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of £7,037 Mil mean?
Imperial Brands (CHIX:IMBL) has a Gross Profit of £7,037 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Imperial Brands and its competitors.
Is Imperial Brands' Gross Profit too high?
Imperial Brands' current Gross Profit is £7,037 Mil. Overall, Imperial Brands has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' Gross Profit compare to PM and MO?
Imperial Brands' Gross Profit of £7,037 Mil can be compared against companies in the Tobacco Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Tobacco Products company?
A good Gross Profit depends on the Tobacco Products industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Imperial Brands and its competitors. Imperial Brands's current Gross Profit is £7,037 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Based on GuruFocus' analysis, Imperial Brands (CHIX:IMBL) is currently considered Significantly Overvalued. The stock's GF Value™ is £11.77, compared to a current price of £25.26 — trading 114.6% above its estimated fair value. The current Gross Profit is £7,037 Mil. Imperial Brands' overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Imperial Brands (CHIX:IMBL), the current Gross Profit is £7,037 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Imperial Brands (CHIX:IMBL) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued. The current stock price of £25.26 is trading 114.6% above its estimated GF Value™ of £11.77. GuruFocus considers Imperial Brands to be Significantly Overvalued.

Key valuation signals for CHIX:IMBL:

  • Gross Profit: £7,037 Mil
  • GF Value™: £11.77 vs. price of £25.26 (114.6% above fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the CHIX:IMBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imperial Brands Business Description

Address 121 Winterstoke Road, Bristol, GBR, BS3 2LL
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
58GF Score

Get the complete analysis for CHIX:IMBL

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£25.26
Price
£11.77
GF Value