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Saga (LSE:SAGA) Gross Profit : £440.0 Mil (TTM As of Jan. 2024)


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What is Saga Gross Profit?

Saga's gross profit for the six months ended in Jan. 2024 was £225.2 Mil. Saga's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was £440.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Saga's gross profit for the six months ended in Jan. 2024 was £225.2 Mil. Saga's Revenue for the six months ended in Jan. 2024 was £383.0 Mil. Therefore, Saga's Gross Margin % for the quarter that ended in Jan. 2024 was 58.80%.

Saga had a gross margin of 58.80% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Saga was 70.32%. The lowest was 41.69%. And the median was 51.94%.


Saga Gross Profit Historical Data

The historical data trend for Saga'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.

Saga Gross Profit Chart

Saga Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 371.40 237.40 233.90 415.20 440.00

Saga Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 126.10 200.10 215.10 214.80 225.20

Competitive Comparison of Saga's Gross Profit

For the Insurance - Diversified subindustry, Saga'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.


Saga's Gross Profit Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Saga's Gross Profit distribution charts can be found below:

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



Saga Gross Profit Calculation

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

Saga's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=741.1 - 301.1
=440.0

Saga's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=383 - 157.8
=225.2

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £440.0 Mil.

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

Saga's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=225.2 / 383
=58.80 %

* 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.


Saga  (LSE:SAGA) 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

Saga had a gross margin of 58.80% for the quarter that ended in Jan. 2024 => Durable competitive advantage


Saga Gross Profit Related Terms

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Saga (LSE:SAGA) Business Description

Traded in Other Exchanges
Address
3 Pancras Square, London, GBR, N1C 4AG
Saga PLC is a diversified insurance company that also offers lifestyle products and services. The company operates in two main segments: insurance, Cruise and travel. The company generates the vast majority of its revenue from the insurance segment, specifically through premiums and credit income. This segment offers retail motor broking, retail home broking, and underwriting products and services. The travel segment provides group tours, holiday packages, and cruises. Saga's customers are people aged 50 and older, and all revenue comes from the United Kingdom and also from Cruise and travel segment.

Saga (LSE:SAGA) Headlines

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