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Carrefour (LTS:0NPH) Gross Profit : €16,454 Mil (TTM As of Jun. 2024)


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What is Carrefour Gross Profit?

Carrefour's gross profit for the six months ended in Jun. 2024 was €7,898 Mil. Carrefour's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €16,454 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Carrefour's gross profit for the six months ended in Jun. 2024 was €7,898 Mil. Carrefour's Revenue for the six months ended in Jun. 2024 was €41,502 Mil. Therefore, Carrefour's Gross Margin % for the quarter that ended in Jun. 2024 was 19.03%.

Carrefour had a gross margin of 19.03% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Carrefour was 22.85%. The lowest was 19.40%. And the median was 21.74%.

Warning Sign:

Carrefour gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


Carrefour Gross Profit Historical Data

The historical data trend for Carrefour'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.

Carrefour Gross Profit Chart

Carrefour 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 16,091.00 15,445.00 14,896.00 16,313.00 16,630.00

Carrefour Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7,504.00 8,809.00 8,074.00 8,556.00 7,898.00

Competitive Comparison of Carrefour's Gross Profit

For the Grocery Stores subindustry, Carrefour'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.


Carrefour's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Carrefour's Gross Profit distribution charts can be found below:

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



Carrefour Gross Profit Calculation

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

Carrefour'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
=84910 - 68280
=16,630

Carrefour's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=41502 - 33604
=7,898

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €16,454 Mil.

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

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

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=7,898 / 41502
=19.03 %

* 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.


Carrefour  (LTS:0NPH) 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

Carrefour had a gross margin of 19.03% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Carrefour Gross Profit Related Terms

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Carrefour Business Description

Address
93, Avenue de Paris, Massy Cedex, Paris, FRA, 91300
Carrefour is a multiformat retailer with operations in more than 40 countries, with tens of thousands of shops globally, over 1,000 drive-thru locations, and about 305,000 employees. Although hypermarkets still account for the bulk of sales in France, the company, founded in 1959, is expanding away from its initial large hypermarket style. Due to its emphasis on creating smaller stores, its exposure to the nonfood sector has decreased. Approximately 74% of sales are generated in Europe and the rest in Latin America.

Carrefour Headlines

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