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NHYDY (Norsk Hydro ASA) Gross Profit : $5,152 Mil (TTM As of Sep. 2024)


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What is Norsk Hydro ASA Gross Profit?

Norsk Hydro ASA's gross profit for the three months ended in Sep. 2024 was $1,463 Mil. Norsk Hydro ASA's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $5,152 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Norsk Hydro ASA's gross profit for the three months ended in Sep. 2024 was $1,463 Mil. Norsk Hydro ASA's Revenue for the three months ended in Sep. 2024 was $4,715 Mil. Therefore, Norsk Hydro ASA's Gross Margin % for the quarter that ended in Sep. 2024 was 31.02%.

Norsk Hydro ASA had a gross margin of 31.02% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Norsk Hydro ASA was 40.63%. The lowest was 30.41%. And the median was 35.35%.


Norsk Hydro ASA Gross Profit Historical Data

The historical data trend for Norsk Hydro ASA'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.

Norsk Hydro ASA Gross Profit Chart

Norsk Hydro ASA 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 5,794.77 4,382.98 6,771.00 7,950.93 6,643.13

Norsk Hydro ASA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1,776.61 1,107.16 2,272.83 1,416.43 1,462.83

Competitive Comparison of Norsk Hydro ASA's Gross Profit

For the Aluminum subindustry, Norsk Hydro ASA'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.


Norsk Hydro ASA's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Norsk Hydro ASA's Gross Profit falls into.



Norsk Hydro ASA Gross Profit Calculation

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

Norsk Hydro ASA'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
=18353.556 - 11710.429
=6,643

Norsk Hydro ASA's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=4715.324 - 3252.499
=1,463

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 $5,152 Mil.

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

Norsk Hydro ASA'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
=1,463 / 4715.324
=31.02 %

* 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.


Norsk Hydro ASA  (OTCPK:NHYDY) 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

Norsk Hydro ASA had a gross margin of 31.02% for the quarter that ended in Sep. 2024 => Competition eroding margins


Norsk Hydro ASA Gross Profit Related Terms

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Norsk Hydro ASA Business Description

Address
Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, Hydro Energy, and Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.