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Fletcher Building (Fletcher Building) Gross Profit : $1,573 Mil (TTM As of Dec. 2023)


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What is Fletcher Building Gross Profit?

Fletcher Building's gross profit for the six months ended in Dec. 2023 was $762 Mil. Fletcher Building's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,573 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fletcher Building's gross profit for the six months ended in Dec. 2023 was $762 Mil. Fletcher Building's Revenue for the six months ended in Dec. 2023 was $2,643 Mil. Therefore, Fletcher Building's Gross Margin % for the quarter that ended in Dec. 2023 was 28.81%.

Fletcher Building had a gross margin of 28.81% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Fletcher Building was 31.07%. The lowest was 17.91%. And the median was 25.19%.


Fletcher Building Gross Profit Historical Data

The historical data trend for Fletcher Building'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.

Fletcher Building Gross Profit Chart

Fletcher Building Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,506.93 1,168.92 1,664.53 1,594.03 1,614.11

Fletcher Building 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 799.19 845.62 831.64 811.04 761.67

Competitive Comparison of Fletcher Building's Gross Profit

For the Building Materials subindustry, Fletcher Building'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.


Fletcher Building's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fletcher Building's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fletcher Building's Gross Profit falls into.



Fletcher Building Gross Profit Calculation

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

Fletcher Building's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=5195.706 - 3581.596
=1,614

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2643.435 - 1881.767
=762

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 $1,573 Mil.

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

Fletcher Building'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
=762 / 2643.435
=28.81 %

* 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.


Fletcher Building  (OTCPK:FRCEF) 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

Fletcher Building had a gross margin of 28.81% for the quarter that ended in Dec. 2023 => Competition eroding margins


Fletcher Building Gross Profit Related Terms

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Fletcher Building (Fletcher Building) Business Description

Address
810 Great South Road, Penrose, Auckland, NTL, NZL, 1061
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, construction, and development. Having previously expanded internationally through acquisitions, operations have gradually refocused on the New Zealand and Australian businesses.

Fletcher Building (Fletcher Building) Headlines