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Greiffenberger AG (FRA:GRF) Gross Profit : €34.01 Mil (TTM As of Dec. 2023)


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What is Greiffenberger AG Gross Profit?

Greiffenberger AG's gross profit for the six months ended in Dec. 2023 was €15.93 Mil. Greiffenberger AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €34.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Greiffenberger AG's gross profit for the six months ended in Dec. 2023 was €15.93 Mil. Greiffenberger AG's Revenue for the six months ended in Dec. 2023 was €29.39 Mil. Therefore, Greiffenberger AG's Gross Margin % for the quarter that ended in Dec. 2023 was 54.18%.

Greiffenberger AG had a gross margin of 54.18% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Greiffenberger AG was 60.00%. The lowest was 53.97%. And the median was 57.74%.

Warning Sign:

Greiffenberger AG gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


Greiffenberger AG Gross Profit Historical Data

The historical data trend for Greiffenberger AG'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.

Greiffenberger AG Gross Profit Chart

Greiffenberger AG 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 29.33 25.25 33.31 40.18 34.01

Greiffenberger AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 17.25 20.16 20.02 18.09 15.93

Competitive Comparison of Greiffenberger AG's Gross Profit

For the Specialty Industrial Machinery subindustry, Greiffenberger AG'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.


Greiffenberger AG's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greiffenberger AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where Greiffenberger AG's Gross Profit falls into.



Greiffenberger AG Gross Profit Calculation

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

Greiffenberger AG'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
=63.025 - 29.011
=34.01

Greiffenberger AG's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=29.394 - 13.468
=15.93

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €34.01 Mil.

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

Greiffenberger AG's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=15.93 / 29.394
=54.18 %

* 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.


Greiffenberger AG  (FRA:GRF) 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

Greiffenberger AG had a gross margin of 54.18% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Greiffenberger AG Gross Profit Related Terms

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Greiffenberger AG (FRA:GRF) Business Description

Traded in Other Exchanges
Address
Eberlestrasse 28, Augsburg, DEU, 86157
Greiffenberger AG manufactures electrical equipment. The company divides its business activities into three segments; Drive Technology segment, Metal Band Saw Blades and Precision Strip Steel segment and the segment Pipeline Renovation Technology.