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Graincorp (Graincorp) Gross Profit : $584 Mil (TTM As of Mar. 2024)


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What is Graincorp Gross Profit?

Graincorp's gross profit for the six months ended in Mar. 2024 was $253 Mil. Graincorp's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $584 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Graincorp's gross profit for the six months ended in Mar. 2024 was $253 Mil. Graincorp's Revenue for the six months ended in Mar. 2024 was $2,218 Mil. Therefore, Graincorp's Gross Margin % for the quarter that ended in Mar. 2024 was 11.40%.

Graincorp had a gross margin of 11.40% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Graincorp was 21.34%. The lowest was 9.16%. And the median was 17.91%.


Graincorp Gross Profit Historical Data

The historical data trend for Graincorp'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.

Graincorp Gross Profit Chart

Graincorp Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 452.15 241.62 600.44 1,118.08 846.14

Graincorp 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 546.98 623.28 534.58 331.49 252.92

Competitive Comparison of Graincorp's Gross Profit

For the Farm Products subindustry, Graincorp'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.


Graincorp's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Graincorp's Gross Profit distribution charts can be found below:

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



Graincorp Gross Profit Calculation

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

Graincorp's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=5278.985 - 4432.841
=846

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2218.295 - 1965.377
=253

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 $584 Mil.

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

Graincorp'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
=253 / 2218.295
=11.40 %

* 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.


Graincorp  (OTCPK:GRCLF) 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

Graincorp had a gross margin of 11.40% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Graincorp Gross Profit Related Terms

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Graincorp (Graincorp) Business Description

Traded in Other Exchanges
Address
175 Liverpool Street, Level 28, Sydney, NSW, AUS, 2000
GrainCorp is an agribusiness with an integrated business model operating across three divisions. The company operates the largest grain storage and logistics network in eastern Australia. GrainCorp provides grain marketing services to all major grain-producing regions in Australia, as well as to Canadian and U.K. growers. The company has also diversified into edible oil refining and supply, and bulk liquid storage.

Graincorp (Graincorp) Headlines

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