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SAF Holland SE (LTS:0O4N) Gross Profit : €435 Mil (TTM As of Mar. 2024)


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What is SAF Holland SE Gross Profit?

SAF Holland SE's gross profit for the three months ended in Mar. 2024 was €109 Mil. SAF Holland SE's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €435 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SAF Holland SE's gross profit for the three months ended in Mar. 2024 was €109 Mil. SAF Holland SE's Revenue for the three months ended in Mar. 2024 was €505 Mil. Therefore, SAF Holland SE's Gross Margin % for the quarter that ended in Mar. 2024 was 21.54%.

SAF Holland SE had a gross margin of 21.54% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of SAF Holland SE was 20.43%. The lowest was 15.32%. And the median was 17.80%.


SAF Holland SE Gross Profit Historical Data

The historical data trend for SAF Holland SE'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.

SAF Holland SE Gross Profit Chart

SAF Holland SE 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 201.74 168.85 209.09 259.55 412.76

SAF Holland SE 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 86.28 107.43 110.69 108.36 108.88

Competitive Comparison of SAF Holland SE's Gross Profit

For the Auto Parts subindustry, SAF Holland SE'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.


SAF Holland SE's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SAF Holland SE's Gross Profit distribution charts can be found below:

* The bar in red indicates where SAF Holland SE's Gross Profit falls into.



SAF Holland SE Gross Profit Calculation

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

SAF Holland SE'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
=2106.17 - 1693.411
=413

SAF Holland SE's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=505.431 - 396.556
=109

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 €435 Mil.

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

SAF Holland SE'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
=109 / 505.431
=21.54 %

* 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.


SAF Holland SE  (LTS:0O4N) 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

SAF Holland SE had a gross margin of 21.54% for the quarter that ended in Mar. 2024 => Competition eroding margins


SAF Holland SE Gross Profit Related Terms

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SAF Holland SE (LTS:0O4N) Business Description

Traded in Other Exchanges
Address
68-70, Boulevard de la Petrusse, Luxembourg, LUX, 2320
SAF Holland SE is a manufacturer of chassis-related systems and components for trailers, trucks and buses. The product range comprises axle and suspension systems, fifth wheels, kingpins and landing gear and is marketed under the brands SAF, Holland, Neway, KLL, V.ORLANDI and York. It operates through EMEA, Americas and APAC segments.

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