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Purmo Group (FRA:4M9) Gross Profit : €190.9 Mil (TTM As of Sep. 2024)


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What is Purmo Group Gross Profit?

Purmo Group's gross profit for the three months ended in Sep. 2024 was €46.1 Mil. Purmo Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €190.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Purmo Group's gross profit for the three months ended in Sep. 2024 was €46.1 Mil. Purmo Group's Revenue for the three months ended in Sep. 2024 was €173.3 Mil. Therefore, Purmo Group's Gross Margin % for the quarter that ended in Sep. 2024 was 26.60%.

Purmo Group had a gross margin of 26.60% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Purmo Group was 26.98%. The lowest was 22.49%. And the median was 24.61%.


Purmo Group Gross Profit Historical Data

The historical data trend for Purmo Group'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.

Purmo Group Gross Profit Chart

Purmo Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial - 172.80 198.10 203.30 192.00

Purmo Group Quarterly Data
Dec19 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 47.60 41.80 55.00 48.00 46.10

Competitive Comparison of Purmo Group's Gross Profit

For the Building Products & Equipment subindustry, Purmo Group'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.


Purmo Group's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Purmo Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Purmo Group's Gross Profit falls into.


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Purmo Group Gross Profit Calculation

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

Purmo Group'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
=743.2 - 551.2
=192.0

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=173.3 - 127.2
=46.1

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 €190.9 Mil.

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

Purmo Group'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
=46.1 / 173.3
=26.60 %

* 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.


Purmo Group  (FRA:4M9) 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

Purmo Group had a gross margin of 26.60% for the quarter that ended in Sep. 2024 => Competition eroding margins


Purmo Group Gross Profit Related Terms

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Purmo Group Business Description

Traded in Other Exchanges
N/A
Address
Bulevardi 46, P.O. Box 115, Helsinki, FIN, 00120
Purmo Group PLC offers sustainable indoor climate comfort solutions in Europe. The company's operating segments include two divisions: Radiators and ICS. It generates the majority of the revenue from the Radiators segment which manufactures two broader product categories: panel radiators comprised of horizontal and decorative panel radiators and vertical decorative radiators, and other radiators comprised of towel warmers, decorative tubular radiators, and electric radiators. Its ICS division provides a comprehensive range of components to wholesalers, specifiers, and installers comprising four product categories; radiant heating and cooling, air heating and cooling, water distribution systems, and system components and controls.

Purmo Group Headlines

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