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Huhtamaki Oyj (Huhtamaki Oyj) Gross Profit : $811 Mil (TTM As of Mar. 2024)


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What is Huhtamaki Oyj Gross Profit?

Huhtamaki Oyj's gross profit for the three months ended in Mar. 2024 was $197 Mil. Huhtamaki Oyj's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $811 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Huhtamaki Oyj's gross profit for the three months ended in Mar. 2024 was $197 Mil. Huhtamaki Oyj's Revenue for the three months ended in Mar. 2024 was $1,091 Mil. Therefore, Huhtamaki Oyj's Gross Margin % for the quarter that ended in Mar. 2024 was 18.01%.

Huhtamaki Oyj had a gross margin of 18.01% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Huhtamaki Oyj was 18.17%. The lowest was 15.23%. And the median was 16.84%.


Huhtamaki Oyj Gross Profit Historical Data

The historical data trend for Huhtamaki Oyj'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.

Huhtamaki Oyj Gross Profit Chart

Huhtamaki Oyj 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 647.56 672.14 671.75 775.85 822.14

Huhtamaki Oyj 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 198.07 187.87 204.80 222.03 196.52

Competitive Comparison of Huhtamaki Oyj's Gross Profit

For the Packaging & Containers subindustry, Huhtamaki Oyj'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.


Huhtamaki Oyj's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Huhtamaki Oyj's Gross Profit distribution charts can be found below:

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



Huhtamaki Oyj Gross Profit Calculation

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

Huhtamaki Oyj'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
=4546.238 - 3724.101
=822

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1091.196 - 894.674
=197

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 $811 Mil.

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

Huhtamaki Oyj'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
=197 / 1091.196
=18.01 %

* 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.


Huhtamaki Oyj  (OTCPK:HOYFF) 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

Huhtamaki Oyj had a gross margin of 18.01% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Huhtamaki Oyj Gross Profit Related Terms

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Huhtamaki Oyj (Huhtamaki Oyj) Business Description

Traded in Other Exchanges
Address
Revontulenkuja 1, Espoo, FIN, 02100
Huhtamäki Oyj is a Finland-based company engaged in manufacturing and selling consumer packaging products. The company operates in three segments; Fiber Foodservice Europe, Asia, and Oceania segment offer high-quality paperboard and molded fiber packaging for fresh food and beverages, the North America segment serves retail tableware, food service, and consumer goods packaging markets, and The flexible Packaging segment offer light and flexible packaging materials, pouches and labels for food and beverages, coffee packaging, pet food packaging, barrier packaging, retort pouches and packaging for healthcare products.