GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty SiriusXM Group (FRA:LM0E) » Definitions » Gross Profit

Liberty SiriusXM Group (FRA:LM0E) Gross Profit : €4,058 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Liberty SiriusXM Group Gross Profit?

Liberty SiriusXM Group's gross profit for the three months ended in Mar. 2024 was €952 Mil. Liberty SiriusXM Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €4,058 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Liberty SiriusXM Group's gross profit for the three months ended in Mar. 2024 was €952 Mil. Liberty SiriusXM Group's Revenue for the three months ended in Mar. 2024 was €1,989 Mil. Therefore, Liberty SiriusXM Group's Gross Margin % for the quarter that ended in Mar. 2024 was 47.87%.

Liberty SiriusXM Group had a gross margin of 47.87% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Liberty SiriusXM Group was 52.06%. The lowest was 48.24%. And the median was 50.39%.


Liberty SiriusXM Group Gross Profit Historical Data

The historical data trend for Liberty SiriusXM 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.

Liberty SiriusXM Group Gross Profit Chart

Liberty SiriusXM Group 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 3,546.00 3,369.38 3,896.66 4,267.82 4,021.05

Liberty SiriusXM Group 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 962.02 1,009.76 1,056.00 1,039.88 952.20

Competitive Comparison of Liberty SiriusXM Group's Gross Profit

For the Broadcasting subindustry, Liberty SiriusXM 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.


Liberty SiriusXM Group's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Liberty SiriusXM Group's Gross Profit distribution charts can be found below:

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



Liberty SiriusXM Group Gross Profit Calculation

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

Liberty SiriusXM 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
=8209.901 - 4188.856
=4,021

Liberty SiriusXM 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
=1989.04 - 1036.84
=952

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 €4,058 Mil.

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

Liberty SiriusXM 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
=952 / 1989.04
=47.87 %

* 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.


Liberty SiriusXM Group  (FRA:LM0E) 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

Liberty SiriusXM Group had a gross margin of 47.87% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Liberty SiriusXM Group Gross Profit Related Terms

Thank you for viewing the detailed overview of Liberty SiriusXM Group's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Liberty SiriusXM Group (FRA:LM0E) Business Description

Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty SiriusXM Group through its subsidiary holding is engaged in providing a subscription-based satellite radio service. It transmits music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. The firm's segments include Sirius XM Holdings, Formula 1, and Braves Group. The company distributes its satellite radios through automakers and rental car companies, as well as through its retail locations and Website; and satellite radio services to various automaker customers. Geographically it offers services in the region of the US and Canada.

Liberty SiriusXM Group (FRA:LM0E) Headlines

No Headlines