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WillScot Mobile Mini Holdings (FRA:WS11) Gross Profit : €1,227 Mil (TTM As of Mar. 2024)


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What is WillScot Mobile Mini Holdings Gross Profit?

WillScot Mobile Mini Holdings's gross profit for the three months ended in Mar. 2024 was €292 Mil. WillScot Mobile Mini Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €1,227 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. WillScot Mobile Mini Holdings's gross profit for the three months ended in Mar. 2024 was €292 Mil. WillScot Mobile Mini Holdings's Revenue for the three months ended in Mar. 2024 was €540 Mil. Therefore, WillScot Mobile Mini Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 53.97%.

WillScot Mobile Mini Holdings had a gross margin of 53.97% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of WillScot Mobile Mini Holdings was 56.41%. The lowest was 37.13%. And the median was 47.80%.


WillScot Mobile Mini Holdings Gross Profit Historical Data

The historical data trend for WillScot Mobile Mini Holdings'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.

WillScot Mobile Mini Holdings Gross Profit Chart

WillScot Mobile Mini Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 371.98 500.13 747.56 1,071.90 1,223.16

WillScot Mobile Mini Holdings 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 301.80 302.63 318.29 314.69 291.54

Competitive Comparison of WillScot Mobile Mini Holdings's Gross Profit

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings'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.


WillScot Mobile Mini Holdings's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Gross Profit falls into.



WillScot Mobile Mini Holdings Gross Profit Calculation

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

WillScot Mobile Mini Holdings'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
=2168.491 - 945.332
=1,223

WillScot Mobile Mini Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=540.207 - 248.67
=292

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 €1,227 Mil.

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

WillScot Mobile Mini Holdings'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
=292 / 540.207
=53.97 %

* 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.


WillScot Mobile Mini Holdings  (FRA:WS11) 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

WillScot Mobile Mini Holdings had a gross margin of 53.97% for the quarter that ended in Mar. 2024 => Durable competitive advantage


WillScot Mobile Mini Holdings Gross Profit Related Terms

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WillScot Mobile Mini Holdings (FRA:WS11) Business Description

Traded in Other Exchanges
Address
4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.

WillScot Mobile Mini Holdings (FRA:WS11) Headlines

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