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Halfords Group (FRA:HDK) Gross Profit : €958 Mil (TTM As of Mar. 2024)


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What is Halfords Group Gross Profit?

Halfords Group's gross profit for the six months ended in Mar. 2024 was €474 Mil. Halfords Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €958 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Halfords Group's gross profit for the six months ended in Mar. 2024 was €474 Mil. Halfords Group's Revenue for the six months ended in Mar. 2024 was €962 Mil. Therefore, Halfords Group's Gross Margin % for the quarter that ended in Mar. 2024 was 49.25%.

Halfords Group had a gross margin of 49.25% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Halfords Group was 53.28%. The lowest was 48.49%. And the median was 50.93%.


Halfords Group Gross Profit Historical Data

The historical data trend for Halfords 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.

Halfords Group Gross Profit Chart

Halfords Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 660.49 764.62 863.38 871.32 961.62

Halfords Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 433.42 437.51 437.76 483.92 473.79

Competitive Comparison of Halfords Group's Gross Profit

For the Specialty Retail subindustry, Halfords 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.


Halfords Group's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Halfords Group's Gross Profit distribution charts can be found below:

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



Halfords Group Gross Profit Calculation

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

Halfords Group's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=1983.202 - 1021.586
=962

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=962.084 - 488.29
=474

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €958 Mil.

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

Halfords Group's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=474 / 962.084
=49.25 %

* 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.


Halfords Group  (FRA:HDK) 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

Halfords Group had a gross margin of 49.25% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Halfords Group Gross Profit Related Terms

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Halfords Group Business Description

Traded in Other Exchanges
Address
Icknield Street Drive, Washford West, Redditch, Worcestershire, GBR, B98 0DE
Halfords Group PLC is a British retailer of automotive and cycling products. The company also provides repair services. The company operates retail stores and auto centers in the United Kingdom and Ireland, and it participates in online retail as well. The business is divided into two segments: retail and auto centers. The retail segment operates retail outlets for its automotive, leisure, and cycling products. The auto centers segment operates centers for car servicing and repair in the U.K. Halfords' key cycling brands include Apollo, Carrera, and Boardman, but the company offers third-party bike brands as well.

Halfords Group Headlines

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