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Axfood AB (LTS:0R6R) Gross Profit : kr12,231 Mil (TTM As of Dec. 2024)


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What is Axfood AB Gross Profit?

Axfood AB's gross profit for the three months ended in Dec. 2024 was kr3,247 Mil. Axfood AB's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was kr12,231 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Axfood AB's gross profit for the three months ended in Dec. 2024 was kr3,247 Mil. Axfood AB's Revenue for the three months ended in Dec. 2024 was kr21,860 Mil. Therefore, Axfood AB's Gross Margin % for the quarter that ended in Dec. 2024 was 14.85%.

Axfood AB had a gross margin of 14.85% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Axfood AB was 15.92%. The lowest was 13.72%. And the median was 14.52%.

Warning Sign:

Axfood AB gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


Axfood AB Gross Profit Historical Data

The historical data trend for Axfood 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.

Axfood AB Gross Profit Chart

Axfood AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,548.00 8,946.00 10,083.00 11,326.00 12,231.00

Axfood AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,859.00 2,963.00 3,027.00 2,994.00 3,247.00

Competitive Comparison of Axfood AB's Gross Profit

For the Grocery Stores subindustry, Axfood 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.


Axfood AB's Gross Profit Distribution in the Retail - Defensive Industry

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

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


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Axfood AB Gross Profit Calculation

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

Axfood AB's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=84057 - 71826
=12,231

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

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=21860 - 18613
=3,247

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr12,231 Mil.

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

Axfood AB's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,247 / 21860
=14.85 %

* 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.


Axfood AB  (LTS:0R6R) 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

Axfood AB had a gross margin of 14.85% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Axfood AB Gross Profit Related Terms

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Axfood AB Business Description

Traded in Other Exchanges
Address
Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants and cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.

Axfood AB Headlines

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