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Tumosan Motor ve Traktornayi AS (IST:TMSN) Gross Profit : ₺2,026 Mil (TTM As of Dec. 2023)


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What is Tumosan Motor ve Traktornayi AS Gross Profit?

Tumosan Motor ve Traktornayi AS's gross profit for the three months ended in Dec. 2023 was ₺403 Mil. Tumosan Motor ve Traktornayi AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₺2,026 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tumosan Motor ve Traktornayi AS's gross profit for the three months ended in Dec. 2023 was ₺403 Mil. Tumosan Motor ve Traktornayi AS's Revenue for the three months ended in Dec. 2023 was ₺3,511 Mil. Therefore, Tumosan Motor ve Traktornayi AS's Gross Margin % for the quarter that ended in Dec. 2023 was 11.48%.

Tumosan Motor ve Traktornayi AS had a gross margin of 11.48% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tumosan Motor ve Traktornayi AS was 25.38%. The lowest was 13.53%. And the median was 19.85%.


Tumosan Motor ve Traktornayi AS Gross Profit Historical Data

The historical data trend for Tumosan Motor ve Traktornayi 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.

Tumosan Motor ve Traktornayi AS Gross Profit Chart

Tumosan Motor ve Traktornayi AS 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 53.35 210.61 280.87 1,199.56 2,026.30

Tumosan Motor ve Traktornayi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 433.56 286.68 579.02 757.62 402.99

Competitive Comparison of Tumosan Motor ve Traktornayi AS's Gross Profit

For the Farm & Heavy Construction Machinery subindustry, Tumosan Motor ve Traktornayi 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.


Tumosan Motor ve Traktornayi AS's Gross Profit Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tumosan Motor ve Traktornayi AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tumosan Motor ve Traktornayi AS's Gross Profit falls into.



Tumosan Motor ve Traktornayi AS Gross Profit Calculation

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

Tumosan Motor ve Traktornayi AS'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
=7984.709 - 5958.405
=2,026

Tumosan Motor ve Traktornayi AS's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3510.729 - 3107.737
=403

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺2,026 Mil.

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

Tumosan Motor ve Traktornayi AS'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
=403 / 3510.729
=11.48 %

* 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.


Tumosan Motor ve Traktornayi AS  (IST:TMSN) 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

Tumosan Motor ve Traktornayi AS had a gross margin of 11.48% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Tumosan Motor ve Traktornayi AS Gross Profit Related Terms

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Tumosan Motor ve Traktornayi AS (IST:TMSN) Business Description

Traded in Other Exchanges
N/A
Address
Maltepe Mahallesi London Asfalti Caddesi Number 28/1, Topkapi, Zeytinburnu, Istanbul, TUR, 34010
Tumosan Motor ve Traktor Sanayi AS is a Turkey-based company mainly engaged in manufacturing and production of the diesel engine and tractors. Its products comprise Tractors, Industrial Engines, Agricultural Machinery Engines, Forklifts, and Agricultural Equipments.

Tumosan Motor ve Traktornayi AS (IST:TMSN) Headlines

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