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JDE Peets NV (MEX:JDEP) Gross Profit : MXN60,511 Mil (TTM As of Jun. 2024)


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What is JDE Peets NV Gross Profit?

JDE Peets NV's gross profit for the six months ended in Jun. 2024 was MXN33,189 Mil. JDE Peets NV's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was MXN60,511 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. JDE Peets NV's gross profit for the six months ended in Jun. 2024 was MXN33,189 Mil. JDE Peets NV's Revenue for the six months ended in Jun. 2024 was MXN83,022 Mil. Therefore, JDE Peets NV's Gross Margin % for the quarter that ended in Jun. 2024 was 39.98%.

JDE Peets NV had a gross margin of 39.98% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of JDE Peets NV was 43.34%. The lowest was 36.85%. And the median was 42.47%.

Warning Sign:

JDE Peets NV gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


JDE Peets NV Gross Profit Historical Data

The historical data trend for JDE Peets NV'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.

JDE Peets NV Gross Profit Chart

JDE Peets NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 63,076.22 68,557.22 68,913.13 62,060.89 55,865.08

JDE Peets NV Semi-Annual Data
Dec17 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 31,133.99 31,825.57 28,641.27 27,321.69 33,189.16

Competitive Comparison of JDE Peets NV's Gross Profit

For the Packaged Foods subindustry, JDE Peets NV'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.


JDE Peets NV's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JDE Peets NV's Gross Profit distribution charts can be found below:

* The bar in red indicates where JDE Peets NV's Gross Profit falls into.



JDE Peets NV Gross Profit Calculation

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

JDE Peets NV'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
=151620.573 - 95755.491
=55,865

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=83022.211 - 49833.047
=33,189

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 MXN60,511 Mil.

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

JDE Peets NV'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
=33,189 / 83022.211
=39.98 %

* 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.


JDE Peets NV  (MEX:JDEP) 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

JDE Peets NV had a gross margin of 39.98% for the quarter that ended in Jun. 2024 => Competition eroding margins


JDE Peets NV Gross Profit Related Terms

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JDE Peets NV Business Description

Address
Oosterdoksstraat 80, Amsterdam, NH, NLD, 1011 DK
Formed by a merger of D.E. Master Blenders and Mondelez International's coffee assets in 2015 and augmented by the acquisition of Peet's Coffee in 2019, JDE Peet's is the world's largest pure-play coffee and tea group by revenue, with operations in more than 100 developed and emerging countries. Its portfolio of over 50 brands includes global labels such as Peet's, Jacobs, L'Or, Senseo, Tassimo, and Pickwick; regional brands like Douwe Egberts, Stumptown, Kenco, Moccona, Intelligentsia, OldTown, Super, and Ofcay; and local marques such as Maison du Cafe in France, Harris in Australia, and Mighty Leaf Tea in the U.S. Offerings reach across the CPG, out-of-home, retail, and online channels. JDE Peet's was first listed in 2020, with Acorn Holdings and Mondelez owning the majority of shares.

JDE Peets NV Headlines

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