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Melrose Industries (CHIX:MROL) Gross Profit : £751 Mil (TTM As of Jun. 2024)


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What is Melrose Industries Gross Profit?

Melrose Industries's gross profit for the six months ended in Jun. 2024 was £404 Mil. Melrose Industries's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was £751 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Melrose Industries's gross profit for the six months ended in Jun. 2024 was £404 Mil. Melrose Industries's Revenue for the six months ended in Jun. 2024 was £1,742 Mil. Therefore, Melrose Industries's Gross Margin % for the quarter that ended in Jun. 2024 was 23.19%.

Melrose Industries had a gross margin of 23.19% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Melrose Industries was 33.21%. The lowest was 11.25%. And the median was 19.95%.

Warning Sign:

Melrose Industries PLC gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


Melrose Industries Gross Profit Historical Data

The historical data trend for Melrose Industries'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.

Melrose Industries Gross Profit Chart

Melrose Industries 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 2,235.00 802.00 900.00 421.00 654.00

Melrose Industries 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 188.00 233.00 307.00 347.00 404.00

Competitive Comparison of Melrose Industries's Gross Profit

For the Specialty Industrial Machinery subindustry, Melrose Industries'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.


Melrose Industries's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Melrose Industries's Gross Profit distribution charts can be found below:

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



Melrose Industries Gross Profit Calculation

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

Melrose Industries'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
=3350 - 2696
=654

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1742 - 1338
=404

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 £751 Mil.

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

Melrose Industries'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
=404 / 1742
=23.19 %

* 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.


Melrose Industries  (CHIX:MROl) 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

Melrose Industries had a gross margin of 23.19% for the quarter that ended in Jun. 2024 => Competition eroding margins


Melrose Industries Gross Profit Related Terms

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Melrose Industries Business Description

Traded in Other Exchanges
Address
5 Stratton Street, Stratton House, London, GBR, W1J 8LA
Melrose Industries is a UK-based company that manufactures engines and structures products for all major OEMs across civil and defense markets. The company derives around 75% of its revenue from civil and the remaining from defense.In the civil market, the company operates in 90% of existing fleets in service and is a demonstrator partner in the GTF and CFM RISE next-generation engines for narrow-body aircraft.

Melrose Industries Headlines

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