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Peab AB (LTS:0MHT) Gross Profit : kr5,019 Mil (TTM As of Mar. 2024)


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What is Peab AB Gross Profit?

Peab AB's gross profit for the three months ended in Mar. 2024 was kr442 Mil. Peab AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr5,019 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Peab AB's gross profit for the three months ended in Mar. 2024 was kr442 Mil. Peab AB's Revenue for the three months ended in Mar. 2024 was kr11,450 Mil. Therefore, Peab AB's Gross Margin % for the quarter that ended in Mar. 2024 was 3.86%.

Peab AB had a gross margin of 3.86% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Peab AB was 10.64%. The lowest was 7.27%. And the median was 9.49%.

Warning Sign:

Peab AB gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


Peab AB Gross Profit Historical Data

The historical data trend for Peab AB'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.

Peab AB Gross Profit Chart

Peab AB 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 5,991.00 6,141.00 5,901.00 5,588.00 5,417.00

Peab AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 840.00 1,957.00 1,394.00 1,226.00 442.00

Competitive Comparison of Peab AB's Gross Profit

For the Engineering & Construction subindustry, Peab AB'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.


Peab AB's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Peab AB's Gross Profit distribution charts can be found below:

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



Peab AB Gross Profit Calculation

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

Peab AB'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
=61350 - 55933
=5,417

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=11450 - 11008
=442

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr5,019 Mil.

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

Peab AB'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
=442 / 11450
=3.86 %

* 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.


Peab AB  (LTS:0MHT) 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

Peab AB had a gross margin of 3.86% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Peab AB Gross Profit Related Terms

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Peab AB (LTS:0MHT) Business Description

Traded in Other Exchanges
Address
Margretetorpsvagen 84, Forslov, SWE, SE-269 73
Peab AB is one of the leading Nordic construction and civil engineering companies. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. A network of subcontractors and external suppliers helps plan and build innovative systems for projects. Peab operates in four business areas: construction (roughly half of total revenue), civil engineering, industry, and project development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and the company has the capacity to complete smaller local projects as well as more complex construction projects.

Peab AB (LTS:0MHT) Headlines

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