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Saipem SpA's gross profit for the
three
months ended in Mar. 2026 was €721 Mil. Saipem SpA's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was €2,921 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Saipem SpA's gross profit for the
three
months ended in Mar. 2026 was €721 Mil. Saipem SpA's Revenue for the
three
months ended in Mar. 2026 was €3,528 Mil. Therefore, Saipem SpA's Gross Margin % for the quarter that ended in Mar. 2026 was 20.44%.
Saipem SpA had a gross margin of 20.44% for the quarter that ended in Mar. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Saipem SpA was 24.76%. The lowest was -8.19%. And the median was 19.36%.
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
Saipem SpA had a gross margin of 20.44% for the quarter that ended in Mar. 2026 => Competition eroding margins
Saipem SpA Gross Profit Related Terms
Saipem SpA Gross Profit Historical Data
* Premium members only.
The historical data trend for Saipem SpA'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.
CHIX:SPMM vs SLB, BKR, FTI: Gross Profit Comparison
For the Oil & Gas Equipment & Services subindustry, Saipem SpA'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.
Saipem SpA Gross Profit vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saipem SpA's Gross Profit distribution charts can be found below:
* The bar in red indicates where Saipem SpA's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,921 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Saipem SpA (CHIX:SPMM) has a Gross Profit of €2,921 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Saipem SpA and its competitors.
Is Saipem SpA's Gross Profit too high?
Saipem SpA's current Gross Profit is €2,921 Mil. Overall, Saipem SpA has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's Gross Profit compare to SLB and BKR?
Saipem SpA's Gross Profit of €2,921 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas 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 Saipem SpA and its competitors. Saipem SpA's current Gross Profit is €2,921 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saipem SpA stock overvalued right now?
Based on GuruFocus' analysis, Saipem SpA (CHIX:SPMM) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.50, compared to a current price of €4.08 — trading 63.2% above its estimated fair value. The current Gross Profit is €2,921 Mil. Saipem SpA's overall GF Score™ is 56/100 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 Saipem SpA (CHIX:SPMM), the current Gross Profit is €2,921 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 Saipem SpA (CHIX:SPMM) Overvalued in 2026?
Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued.
The current stock price of €4.08 is trading 63.2% above its estimated GF Value™ of €2.50.
GuruFocus considers Saipem SpA to be Significantly Overvalued.
Key valuation signals for CHIX:SPMM:
Gross Profit: €2,921 Mil
GF Value™: €2.50 vs. price of €4.08 (63.2% above fair value)
No single metric tells the full story. See the CHIX:SPMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saipem SpA specializes in engineering and construction of projects for the energy and infrastructure sectors, offshore and onshore. The company operates through Asset-Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset-Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. The Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment includes Italy, Rest of Europe, CSI, Rest of Asia, etc.
56GF Score
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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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