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Forvia SE (MIL:1FRVIA) Gross Profit : €3,630 Mil (TTM As of Jun. 2024)


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What is Forvia SE Gross Profit?

Forvia SE's gross profit for the six months ended in Jun. 2024 was €1,817 Mil. Forvia SE's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €3,630 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Forvia SE's gross profit for the six months ended in Jun. 2024 was €1,817 Mil. Forvia SE's Revenue for the six months ended in Jun. 2024 was €13,534 Mil. Therefore, Forvia SE's Gross Margin % for the quarter that ended in Jun. 2024 was 13.42%.

Forvia SE had a gross margin of 13.42% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Forvia SE was 13.97%. The lowest was 8.23%. And the median was 12.28%.


Forvia SE Gross Profit Historical Data

The historical data trend for Forvia 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.

Forvia SE Gross Profit Chart

Forvia 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 2,481.80 1,473.00 1,883.40 3,131.60 3,662.40

Forvia SE 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 1,397.30 1,734.30 1,849.40 1,813.00 1,816.60

Competitive Comparison of Forvia SE's Gross Profit

For the Auto Parts subindustry, Forvia 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.


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

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

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



Forvia SE Gross Profit Calculation

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

Forvia 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
=27247.9 - 23585.5
=3,662

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=13534.3 - 11717.7
=1,817

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 €3,630 Mil.

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

Forvia SE'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
=1,817 / 13534.3
=13.42 %

* 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.


Forvia SE  (MIL:1FRVIA) 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

Forvia SE had a gross margin of 13.42% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Forvia SE Gross Profit Related Terms

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Forvia SE Business Description

Traded in Other Exchanges
Address
23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000
Forvia SE operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a world-wide presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.

Forvia SE Headlines

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