GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NCC AB (OTCPK:NCCBF) » Definitions » Gross Profit

NCC AB (NCC AB) Gross Profit : $421 Mil (TTM As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is NCC AB Gross Profit?

NCC AB's gross profit for the three months ended in Mar. 2024 was $67 Mil. NCC AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $421 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NCC AB's gross profit for the three months ended in Mar. 2024 was $67 Mil. NCC AB's Revenue for the three months ended in Mar. 2024 was $1,110 Mil. Therefore, NCC AB's Gross Margin % for the quarter that ended in Mar. 2024 was 6.00%.

NCC AB had a gross margin of 6.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of NCC AB was 10.01%. The lowest was 3.73%. And the median was 8.14%.


NCC AB Gross Profit Historical Data

The historical data trend for NCC AB'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.

NCC AB Gross Profit Chart

NCC AB 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 434.67 518.11 497.27 385.05 456.93

NCC AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 85.43 119.69 110.24 124.79 66.66

Competitive Comparison of NCC AB's Gross Profit

For the Engineering & Construction subindustry, NCC AB'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.


NCC AB's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, NCC AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where NCC AB's Gross Profit falls into.



NCC AB Gross Profit Calculation

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

NCC AB'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
=5550.226 - 5093.297
=457

NCC AB's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1110.428 - 1043.77
=67

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $421 Mil.

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

NCC AB's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=67 / 1110.428
=6.00 %

* 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.


NCC AB  (OTCPK:NCCBF) 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

NCC AB had a gross margin of 6.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


NCC AB Gross Profit Related Terms

Thank you for viewing the detailed overview of NCC AB's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


NCC AB (NCC AB) Business Description

Address
Herrjarva Torg 4, Solna, SWE, SE-170 80
NCC AB is a leading construction and property development company in the Nordic region. Its business operations are divided into five operating segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordics, NCC Industry, and NCC Property Development in descending order of total net sales. The company's major projects include entire infrastructure build-outs such as tunnels, roads and railways, housing, office buildings, school and hospital construction, production of asphalt and stone materials, and commercial property development.

NCC AB (NCC AB) Headlines

From GuruFocus

Q3 2019 NCC AB Earnings Call Transcript

By GuruFocus Research 03-06-2024

Q2 2023 Ncc AB Earnings Call Transcript

By GuruFocus Research 03-06-2024

Ncc AB Capital Markets Day Transcript

By GuruFocus Research 03-06-2024

Q2 2020 NCC AB Earnings Call Transcript

By GuruFocus Research 03-06-2024

Q3 2023 Ncc AB Earnings Call Transcript

By GuruFocus Research 03-06-2024

Q2 2022 Ncc AB Earnings Call Transcript

By GuruFocus Research 03-06-2024

Q4 2022 Ncc AB Earnings Call Transcript

By GuruFocus Research 03-06-2024

Full Year 2019 NCC AB Earnings Call Transcript

By GuruFocus Research 03-06-2024

Half Year 2019 NCC AB Earnings Call Transcript

By GuruFocus Research 03-06-2024

Q3 2020 NCC AB Earnings Call Transcript

By GuruFocus Research 03-06-2024