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Watkin Jones (LSE:WJG) Gross Profit : £34.9 Mil (TTM As of Sep. 2023)


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What is Watkin Jones Gross Profit?

Watkin Jones's gross profit for the six months ended in Sep. 2023 was £18.8 Mil. Watkin Jones's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was £34.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Watkin Jones's gross profit for the six months ended in Sep. 2023 was £18.8 Mil. Watkin Jones's Revenue for the six months ended in Sep. 2023 was £259.4 Mil. Therefore, Watkin Jones's Gross Margin % for the quarter that ended in Sep. 2023 was 7.25%.

Watkin Jones had a gross margin of 7.25% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Watkin Jones was 21.44%. The lowest was 8.44%. And the median was 19.83%.

Warning Sign:

Watkin Jones PLC gross margin has been in long-term decline. The average rate of decline per year is -13.7%.


Watkin Jones Gross Profit Historical Data

The historical data trend for Watkin Jones'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.

Watkin Jones Gross Profit Chart

Watkin Jones 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 80.03 75.92 84.78 67.63 34.86

Watkin Jones Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 43.45 29.85 37.78 16.05 18.81

Competitive Comparison of Watkin Jones's Gross Profit

For the Residential Construction subindustry, Watkin Jones'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.


Watkin Jones's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Watkin Jones's Gross Profit distribution charts can be found below:

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



Watkin Jones Gross Profit Calculation

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

Watkin Jones'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
=413.236 - 378.377
=34.9

Watkin Jones's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=259.382 - 240.576
=18.8

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £34.9 Mil.

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

Watkin Jones's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=18.8 / 259.382
=7.25 %

* 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.


Watkin Jones  (LSE:WJG) 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

Watkin Jones had a gross margin of 7.25% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Watkin Jones Gross Profit Related Terms

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Watkin Jones (LSE:WJG) Business Description

Traded in Other Exchanges
Address
7-9 Swallow Street, London, GBR, W1B 4DE
Watkin Jones PLC is a developer and constructor of multi-occupancy property assets, with a focus on the student accommodation sector. Its service includes site identification and procurement, planning consent, construction delivery, and asset management. The company's operating segments include Student accommodation, Build to Rent, Affordable Homes, and Accommodation management. The majority of its revenue is derived from the Student accommodation and build-to-rent segments.

Watkin Jones (LSE:WJG) Headlines

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