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Mead Johnson Nutrition Co (FRA:0MJA) Gross Profit : €2,142 Mil (TTM As of Mar. 2017)


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What is Mead Johnson Nutrition Co Gross Profit?

Mead Johnson Nutrition Co's gross profit for the three months ended in Mar. 2017 was €517 Mil. Mead Johnson Nutrition Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2017 was €2,142 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mead Johnson Nutrition Co's gross profit for the three months ended in Mar. 2017 was €517 Mil. Mead Johnson Nutrition Co's Revenue for the three months ended in Mar. 2017 was €826 Mil. Therefore, Mead Johnson Nutrition Co's Gross Margin % for the quarter that ended in Mar. 2017 was 62.63%.

Mead Johnson Nutrition Co had a gross margin of 62.63% for the quarter that ended in Mar. 2017 => Durable competitive advantage


Mead Johnson Nutrition Co Gross Profit Historical Data

The historical data trend for Mead Johnson Nutrition Co'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.

Mead Johnson Nutrition Co Gross Profit Chart

Mead Johnson Nutrition Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,826.90 1,950.71 2,196.76 2,401.49 2,276.81

Mead Johnson Nutrition Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 551.82 541.39 537.99 545.20 517.34

Competitive Comparison of Mead Johnson Nutrition Co's Gross Profit

For the Packaged Foods subindustry, Mead Johnson Nutrition Co'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.


Mead Johnson Nutrition Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Mead Johnson Nutrition Co's Gross Profit falls into.



Mead Johnson Nutrition Co Gross Profit Calculation

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

Mead Johnson Nutrition Co's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

Gross Profit (A: Dec. 2016 )=Revenue - Cost of Goods Sold
=3548.08 - 1271.268
=2,277

Mead Johnson Nutrition Co's Gross Profit for the quarter that ended in Mar. 2017 is calculated as

Gross Profit (Q: Mar. 2017 )=Revenue - Cost of Goods Sold
=826.072 - 308.737
=517

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,142 Mil.

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

Mead Johnson Nutrition Co's Gross Margin % for the quarter that ended in Mar. 2017 is calculated as

Gross Margin % (Q: Mar. 2017 )=Gross Profit (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=517 / 826.072
=62.63 %

* 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.


Mead Johnson Nutrition Co  (FRA:0MJA) 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

Mead Johnson Nutrition Co had a gross margin of 62.63% for the quarter that ended in Mar. 2017 => Durable competitive advantage


Mead Johnson Nutrition Co Gross Profit Related Terms

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Mead Johnson Nutrition Co (FRA:0MJA) Business Description

Traded in Other Exchanges
N/A
Address
Mead Johnson Nutrition makes, distributes, and markets pediatric nutrition products worldwide under a variety of brands, including Enfamil, its largest label, along with Sustagen, Enfagrow, and Nutramigen. Infant formula represented 59% of 2015 sales and children's nutrition 39%, with expectant and nursing mother nutrition and pediatric vitamins comprising the remainder. The company sells its products globally; 73% of sales were generated outside the United States in 2015. At about 30% of revenue, China is the company's largest market.

Mead Johnson Nutrition Co (FRA:0MJA) Headlines

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