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QNB Finansal Kiralama AS (IST:QNBFK) Gross Profit : ₺1,878 Mil (TTM As of Dec. 2024)


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What is QNB Finansal Kiralama AS Gross Profit?

QNB Finansal Kiralama AS's gross profit for the three months ended in Dec. 2024 was ₺722 Mil. QNB Finansal Kiralama AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₺1,878 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. QNB Finansal Kiralama AS's gross profit for the three months ended in Dec. 2024 was ₺722 Mil. QNB Finansal Kiralama AS's Revenue for the three months ended in Dec. 2024 was ₺1,446 Mil. Therefore, QNB Finansal Kiralama AS's Gross Margin % for the quarter that ended in Dec. 2024 was 49.97%.

QNB Finansal Kiralama AS had a gross margin of 49.97% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of QNB Finansal Kiralama AS was 59.76%. The lowest was 14.94%. And the median was 28.02%.


QNB Finansal Kiralama AS Gross Profit Historical Data

The historical data trend for QNB Finansal Kiralama AS'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.

QNB Finansal Kiralama AS Gross Profit Chart

QNB Finansal Kiralama AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 281.60 215.85 343.71 823.63 1,877.83

QNB Finansal Kiralama AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 254.86 258.82 368.63 527.95 722.43

Competitive Comparison of QNB Finansal Kiralama AS's Gross Profit

For the Credit Services subindustry, QNB Finansal Kiralama AS'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.


QNB Finansal Kiralama AS's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, QNB Finansal Kiralama AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where QNB Finansal Kiralama AS's Gross Profit falls into.


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QNB Finansal Kiralama AS Gross Profit Calculation

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

QNB Finansal Kiralama AS's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=5323.221 - 3445.391
=1,878

QNB Finansal Kiralama AS's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1445.607 - 723.174
=722

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,878 Mil.

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

QNB Finansal Kiralama AS's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=722 / 1445.607
=49.97 %

* 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.


QNB Finansal Kiralama AS  (IST:QNBFK) 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

QNB Finansal Kiralama AS had a gross margin of 49.97% for the quarter that ended in Dec. 2024 => Durable competitive advantage


QNB Finansal Kiralama AS Gross Profit Related Terms

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QNB Finansal Kiralama AS Business Description

Traded in Other Exchanges
N/A
Address
Nispetiye Caddesi, Akmerkez B Kulesi Kat: 10, Istanbul, TUR, 34620
QNB Finansal Kiralama AS formerly QNB Finans Finansal Kiralama AS is a Turkey-based company involved in providing leasing services to Wind Turbines & Solar Power Plants, Heavy Machinery, Automobiles, Medical Equipment, Agricultural Equipment, and Printing Equipment among others.

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