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ZIM Integrated Shipping Services (FRA:2SV) Gross Profit : €1,873 Mil (TTM As of Sep. 2024)


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What is ZIM Integrated Shipping Services Gross Profit?

ZIM Integrated Shipping Services's gross profit for the three months ended in Sep. 2024 was €1,176 Mil. ZIM Integrated Shipping Services's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €1,873 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ZIM Integrated Shipping Services's gross profit for the three months ended in Sep. 2024 was €1,176 Mil. ZIM Integrated Shipping Services's Revenue for the three months ended in Sep. 2024 was €2,491 Mil. Therefore, ZIM Integrated Shipping Services's Gross Margin % for the quarter that ended in Sep. 2024 was 47.20%.

ZIM Integrated Shipping Services had a gross margin of 47.20% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 7 years, the highest Gross Margin % of ZIM Integrated Shipping Services was 56.54%. The lowest was -42.76%. And the median was 9.43%.


ZIM Integrated Shipping Services Gross Profit Historical Data

The historical data trend for ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services Gross Profit Chart

ZIM Integrated Shipping Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 236.74 711.03 5,368.85 6,066.90 -2,024.37

ZIM Integrated Shipping Services 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 -2,049.88 4.77 205.62 486.98 1,176.08

Competitive Comparison of ZIM Integrated Shipping Services's Gross Profit

For the Marine Shipping subindustry, ZIM Integrated Shipping Services'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.


ZIM Integrated Shipping Services's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ZIM Integrated Shipping Services's Gross Profit distribution charts can be found below:

* The bar in red indicates where ZIM Integrated Shipping Services's Gross Profit falls into.



ZIM Integrated Shipping Services Gross Profit Calculation

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

ZIM Integrated Shipping Services'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
=4733.737 - 6758.106
=-2,024

ZIM Integrated Shipping Services's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=2491.445 - 1315.37
=1,176

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 €1,873 Mil.

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

ZIM Integrated Shipping Services'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
=1,176 / 2491.445
=47.20 %

* 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.


ZIM Integrated Shipping Services  (FRA:2SV) 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

ZIM Integrated Shipping Services had a gross margin of 47.20% for the quarter that ended in Sep. 2024 => Durable competitive advantage


ZIM Integrated Shipping Services Gross Profit Related Terms

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ZIM Integrated Shipping Services Business Description

Traded in Other Exchanges
Address
9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of its revenue from the Pacific trade region.

ZIM Integrated Shipping Services Headlines

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