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Radici Pietro Industries & Brands SpA (MIL:RAD) Gross Profit : €13.88 Mil (TTM As of Dec. 2023)


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What is Radici Pietro Industries & Brands SpA Gross Profit?

Radici Pietro Industries & Brands SpA's gross profit for the six months ended in Dec. 2023 was €7.48 Mil. Radici Pietro Industries & Brands SpA's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €13.88 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Radici Pietro Industries & Brands SpA's gross profit for the six months ended in Dec. 2023 was €7.48 Mil. Radici Pietro Industries & Brands SpA's Revenue for the six months ended in Dec. 2023 was €29.70 Mil. Therefore, Radici Pietro Industries & Brands SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 25.19%.

Radici Pietro Industries & Brands SpA had a gross margin of 25.19% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Radici Pietro Industries & Brands SpA was 26.01%. The lowest was 19.72%. And the median was 24.35%.

Warning Sign:

Radici Pietro Industries & Brands SpA gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Radici Pietro Industries & Brands SpA Gross Profit Historical Data

The historical data trend for Radici Pietro Industries & Brands SpA'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.

Radici Pietro Industries & Brands SpA Gross Profit Chart

Radici Pietro Industries & Brands SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 16.22 8.62 10.23 11.63 13.88

Radici Pietro Industries & Brands SpA Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.29 5.97 5.66 6.39 7.48

Competitive Comparison of Radici Pietro Industries & Brands SpA's Gross Profit

For the Furnishings, Fixtures & Appliances subindustry, Radici Pietro Industries & Brands SpA'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.


Radici Pietro Industries & Brands SpA's Gross Profit Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Radici Pietro Industries & Brands SpA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Radici Pietro Industries & Brands SpA's Gross Profit falls into.



Radici Pietro Industries & Brands SpA Gross Profit Calculation

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

Radici Pietro Industries & Brands SpA'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
=56.986 - 43.11
=13.88

Radici Pietro Industries & Brands SpA's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=29.697 - 22.215
=7.48

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €13.88 Mil.

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

Radici Pietro Industries & Brands SpA's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=7.48 / 29.697
=25.19 %

* 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.


Radici Pietro Industries & Brands SpA  (MIL:RAD) 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

Radici Pietro Industries & Brands SpA had a gross margin of 25.19% for the quarter that ended in Dec. 2023 => Competition eroding margins


Radici Pietro Industries & Brands SpA Gross Profit Related Terms

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Radici Pietro Industries & Brands SpA (MIL:RAD) Business Description

Traded in Other Exchanges
N/A
Address
Via Cavalier Pietro Radici, 19, Cazzano Sant'Andrea, Bergamo, ITA, 24026
Radici Pietro Industries & Brands SpA is engaged in the carpet business. It offers carpets for various industries such as Hotels, Offices, Ships, Aircraftm Automotive, Residential and others.

Radici Pietro Industries & Brands SpA (MIL:RAD) Headlines

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