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Global Payments (MIL:1GPN) Gross Profit : €5,769 Mil (TTM As of Sep. 2024)


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What is Global Payments Gross Profit?

Global Payments's gross profit for the three months ended in Sep. 2024 was €1,491 Mil. Global Payments's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €5,769 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Global Payments's gross profit for the three months ended in Sep. 2024 was €1,491 Mil. Global Payments's Revenue for the three months ended in Sep. 2024 was €2,344 Mil. Therefore, Global Payments's Gross Margin % for the quarter that ended in Sep. 2024 was 63.60%.

Global Payments had a gross margin of 63.60% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Global Payments was 67.47%. The lowest was 50.82%. And the median was 59.15%.

Warning Sign:

Global Payments Inc gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Global Payments Gross Profit Historical Data

The historical data trend for Global Payments'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.

Global Payments Gross Profit Chart

Global Payments Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,554.28 3,101.27 4,203.78 4,905.87 5,434.97

Global Payments Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,461.87 1,386.07 1,377.97 1,514.53 1,490.80

Competitive Comparison of Global Payments's Gross Profit

For the Specialty Business Services subindustry, Global Payments'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.


Global Payments's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Payments's Gross Profit distribution charts can be found below:

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



Global Payments Gross Profit Calculation

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

Global Payments'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
=8853.102 - 3418.137
=5,435

Global Payments's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=2343.998 - 853.197
=1,491

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,769 Mil.

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

Global Payments's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,491 / 2343.998
=63.60 %

* 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.


Global Payments  (MIL:1GPN) 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

Global Payments had a gross margin of 63.60% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Global Payments Gross Profit Related Terms

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Global Payments Business Description

Address
3550 Lenox Road, Atlanta, GA, USA, 30326
Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.

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