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Volkswagen AG (MIL:1VOW3) Gross Profit : €59,082 Mil (TTM As of Sep. 2024)


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What is Volkswagen AG Gross Profit?

Volkswagen AG's gross profit for the three months ended in Sep. 2024 was €13,058 Mil. Volkswagen AG's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €59,082 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Volkswagen AG's gross profit for the three months ended in Sep. 2024 was €13,058 Mil. Volkswagen AG's Revenue for the three months ended in Sep. 2024 was €78,478 Mil. Therefore, Volkswagen AG's Gross Margin % for the quarter that ended in Sep. 2024 was 16.64%.

Volkswagen AG had a gross margin of 16.64% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Volkswagen AG was 19.65%. The lowest was 15.90%. And the median was 18.88%.


Volkswagen AG Gross Profit Historical Data

The historical data trend for Volkswagen AG'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.

Volkswagen AG Gross Profit Chart

Volkswagen AG 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 49,143.00 38,948.00 47,240.00 52,184.00 61,022.00

Volkswagen AG 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 13,409.00 16,697.00 13,546.00 15,781.00 13,058.00

Competitive Comparison of Volkswagen AG's Gross Profit

For the Auto Manufacturers subindustry, Volkswagen AG'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.


Volkswagen AG's Gross Profit Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Volkswagen AG's Gross Profit falls into.



Volkswagen AG Gross Profit Calculation

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

Volkswagen AG'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
=322284 - 261262
=61,022

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=78478 - 65420
=13,058

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 €59,082 Mil.

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

Volkswagen AG'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
=13,058 / 78478
=16.64 %

* 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.


Volkswagen AG  (MIL:1VOW3) 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

Volkswagen AG had a gross margin of 16.64% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Volkswagen AG Gross Profit Related Terms

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Volkswagen AG Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is the second-largest automotive original equipment manufacturer by vehicle sales globally, selling 9.4 million vehicles in 2023. 80% of group revenue is generated by its four vehicle segments—core (Volkswagen, SEAT, Skoda, and VW commercial), progressive (Audi, Lamborghini, and Bentley), sports luxury (Porsche), and Traton commercial vehicles (Traton, Scania, Navistar, MAN, and VW truck and bus). It also has a vehicle software business (Cariad), batteries, and power engineering production and financial services.

Volkswagen AG Headlines

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