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NIABY (NIBE Industrier AB) Gross Profit : $1,108 Mil (TTM As of Sep. 2024)


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What is NIBE Industrier AB Gross Profit?

NIBE Industrier AB's gross profit for the three months ended in Sep. 2024 was $289 Mil. NIBE Industrier AB's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $1,108 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NIBE Industrier AB's gross profit for the three months ended in Sep. 2024 was $289 Mil. NIBE Industrier AB's Revenue for the three months ended in Sep. 2024 was $974 Mil. Therefore, NIBE Industrier AB's Gross Margin % for the quarter that ended in Sep. 2024 was 29.68%.

NIBE Industrier AB had a gross margin of 29.68% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of NIBE Industrier AB was 36.11%. The lowest was 27.82%. And the median was 33.32%.


NIBE Industrier AB Gross Profit Historical Data

The historical data trend for NIBE Industrier 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.

NIBE Industrier AB Gross Profit Chart

NIBE Industrier 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 880.58 1,073.17 1,122.60 1,214.97 1,523.07

NIBE Industrier AB 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 350.57 378.55 163.76 276.91 289.18

Competitive Comparison of NIBE Industrier AB's Gross Profit

For the Building Products & Equipment subindustry, NIBE Industrier 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.


NIBE Industrier AB's Gross Profit Distribution in the Construction Industry

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

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



NIBE Industrier AB Gross Profit Calculation

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

NIBE Industrier 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
=4547.75 - 3024.684
=1,523

NIBE Industrier AB's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=974.387 - 685.209
=289

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 $1,108 Mil.

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

NIBE Industrier AB'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
=289 / 974.387
=29.68 %

* 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.


NIBE Industrier AB  (OTCPK:NIABY) 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

NIBE Industrier AB had a gross margin of 29.68% for the quarter that ended in Sep. 2024 => Competition eroding margins


NIBE Industrier AB Gross Profit Related Terms

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NIBE Industrier AB Business Description

Address
Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21
NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

NIBE Industrier AB Headlines

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