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FINMY (Leonardo SpA) Gross Profit : $1,940 Mil (TTM As of Sep. 2024)


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What is Leonardo SpA Gross Profit?

Leonardo SpA's gross profit for the three months ended in Sep. 2024 was $467 Mil. Leonardo SpA's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $1,940 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Leonardo SpA's gross profit for the three months ended in Sep. 2024 was $467 Mil. Leonardo SpA's Revenue for the three months ended in Sep. 2024 was $4,541 Mil. Therefore, Leonardo SpA's Gross Margin % for the quarter that ended in Sep. 2024 was 10.29%.

Leonardo SpA had a gross margin of 10.29% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Leonardo SpA was 12.11%. The lowest was 8.72%. And the median was 10.67%.


Leonardo SpA Gross Profit Historical Data

The historical data trend for Leonardo 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.

* Premium members only.

Leonardo SpA Gross Profit Chart

Leonardo SpA 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 1,831.11 1,734.79 1,542.37 1,651.48 1,799.35

Leonardo SpA 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 376.73 658.67 375.00 439.18 467.26

Competitive Comparison of Leonardo SpA's Gross Profit

For the Aerospace & Defense subindustry, Leonardo 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.


Leonardo SpA's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's Gross Profit distribution charts can be found below:

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



Leonardo SpA Gross Profit Calculation

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

Leonardo SpA'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
=16675.027 - 14875.681
=1,799

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=4540.511 - 4073.252
=467

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 $1,940 Mil.

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

Leonardo SpA'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
=467 / 4540.511
=10.29 %

* 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.


Leonardo SpA  (OTCPK:FINMY) 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

Leonardo SpA had a gross margin of 10.29% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Leonardo SpA Gross Profit Related Terms

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Leonardo SpA Business Description

Address
Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is one of the largest European defense firms, with 30% of its shares owned by the Italian government. The group's divisions include helicopters; defense, electronics, and security systems; and aeronautics. The helicopter division serves both military and civil markets through AgustaWestland. DES has access to the US defense market through the DRS subsidiary. The aeronautics division cooperates in international programs, such as Eurofighter Typhoon, F-35, and the new Tempest, and supplies aerostructures to large commercial aircraft programs.

Leonardo SpA Headlines

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