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Incitec Pivot (Incitec Pivot) Gross Profit : $1,600 Mil (TTM As of Mar. 2024)


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What is Incitec Pivot Gross Profit?

Incitec Pivot's gross profit for the six months ended in Mar. 2024 was $797 Mil. Incitec Pivot's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,600 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Incitec Pivot's gross profit for the six months ended in Mar. 2024 was $797 Mil. Incitec Pivot's Revenue for the six months ended in Mar. 2024 was $1,557 Mil. Therefore, Incitec Pivot's Gross Margin % for the quarter that ended in Mar. 2024 was 51.15%.

Incitec Pivot had a gross margin of 51.15% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Incitec Pivot was 56.95%. The lowest was 45.87%. And the median was 54.26%.

Warning Sign:

Incitec Pivot Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Incitec Pivot Gross Profit Historical Data

The historical data trend for Incitec Pivot'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.

Incitec Pivot Gross Profit Chart

Incitec Pivot 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 1,336.67 1,527.10 1,677.05 2,226.28 1,595.05

Incitec Pivot 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 1,106.34 1,225.48 822.36 803.34 796.53

Competitive Comparison of Incitec Pivot's Gross Profit

For the Specialty Chemicals subindustry, Incitec Pivot'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.


Incitec Pivot's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Incitec Pivot's Gross Profit distribution charts can be found below:

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



Incitec Pivot Gross Profit Calculation

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

Incitec Pivot'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
=3477.442 - 1882.391
=1,595

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1557.311 - 760.786
=797

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 $1,600 Mil.

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

Incitec Pivot'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
=797 / 1557.311
=51.15 %

* 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.


Incitec Pivot  (OTCPK:INCZY) 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

Incitec Pivot had a gross margin of 51.15% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Incitec Pivot Gross Profit Related Terms

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Incitec Pivot (Incitec Pivot) Business Description

Traded in Other Exchanges
Address
28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, AUS, 3006
Incitec Pivot is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives contributes around 80% of EBIT. Incitec Pivot is also a major Australian fertilizer producer and distributor and is the only Australian manufacturer of ammonium phosphates and urea. Ammonium phosphates are sold in the domestic market and exported.

Incitec Pivot (Incitec Pivot) Headlines

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