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Lifetime Brands (FRA:LH1) Gross Profit : €238.8 Mil (TTM As of Mar. 2024)


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What is Lifetime Brands Gross Profit?

Lifetime Brands's gross profit for the three months ended in Mar. 2024 was €52.9 Mil. Lifetime Brands's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €238.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lifetime Brands's gross profit for the three months ended in Mar. 2024 was €52.9 Mil. Lifetime Brands's Revenue for the three months ended in Mar. 2024 was €130.9 Mil. Therefore, Lifetime Brands's Gross Margin % for the quarter that ended in Mar. 2024 was 40.46%.

Lifetime Brands had a gross margin of 40.46% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Lifetime Brands was 37.80%. The lowest was 34.72%. And the median was 36.32%.


Lifetime Brands Gross Profit Historical Data

The historical data trend for Lifetime Brands'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.

Lifetime Brands Gross Profit Chart

Lifetime Brands 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 229.67 225.23 268.44 245.74 233.50

Lifetime Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 50.29 51.68 66.48 67.73 52.94

Competitive Comparison of Lifetime Brands's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, Lifetime Brands'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.


Lifetime Brands's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lifetime Brands's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lifetime Brands's Gross Profit falls into.



Lifetime Brands Gross Profit Calculation

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

Lifetime Brands'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
=629.688 - 396.184
=233.5

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=130.863 - 77.92
=52.9

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €238.8 Mil.

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

Lifetime Brands'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
=52.9 / 130.863
=40.46 %

* 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.


Lifetime Brands  (FRA:LH1) 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

Lifetime Brands had a gross margin of 40.46% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Lifetime Brands Gross Profit Related Terms

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Lifetime Brands (FRA:LH1) Business Description

Traded in Other Exchanges
Address
1000 Stewart Avenue, Garden City, NY, USA, 11530
Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.

Lifetime Brands (FRA:LH1) Headlines

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