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Fonterra Co-operative Group (NZSE:FCG) Gross Profit : NZ$4,181 Mil (TTM As of Jul. 2023)


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What is Fonterra Co-operative Group Gross Profit?

Fonterra Co-operative Group's gross profit for the six months ended in Jul. 2023 was NZ$2,135 Mil. Fonterra Co-operative Group's gross profit for the trailing twelve months (TTM) ended in Jul. 2023 was NZ$4,181 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fonterra Co-operative Group's gross profit for the six months ended in Jul. 2023 was NZ$2,135 Mil. Fonterra Co-operative Group's Revenue for the six months ended in Jul. 2023 was NZ$12,247 Mil. Therefore, Fonterra Co-operative Group's Gross Margin % for the quarter that ended in Jul. 2023 was 17.43%.

Fonterra Co-operative Group had a gross margin of 17.43% for the quarter that ended in Jul. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Fonterra Co-operative Group was 21.12%. The lowest was 13.28%. And the median was 16.09%.


Fonterra Co-operative Group Gross Profit Historical Data

The historical data trend for Fonterra Co-operative Group'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.

Fonterra Co-operative Group Gross Profit Chart

Fonterra Co-operative Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,062.00 2,984.00 2,909.00 4,181.00 3,822.00

Fonterra Co-operative Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jul24
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 1,389.00 1,520.00 2,046.00 2,135.00 -

Competitive Comparison of Fonterra Co-operative Group's Gross Profit

For the Packaged Foods subindustry, Fonterra Co-operative Group'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.


Fonterra Co-operative Group's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Co-operative Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fonterra Co-operative Group's Gross Profit falls into.



Fonterra Co-operative Group Gross Profit Calculation

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

Fonterra Co-operative Group's Gross Profit for the fiscal year that ended in Jul. 2024 is calculated as

Gross Profit (A: Jul. 2024 )=Revenue - Cost of Goods Sold
=22822 - 19000
=3,822

Fonterra Co-operative Group's Gross Profit for the quarter that ended in Jul. 2023 is calculated as

Gross Profit (Q: Jul. 2023 )=Revenue - Cost of Goods Sold
=12247 - 10112
=2,135

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$4,181 Mil.

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

Fonterra Co-operative Group's Gross Margin % for the quarter that ended in Jul. 2023 is calculated as

Gross Margin % (Q: Jul. 2023 )=Gross Profit (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,135 / 12247
=17.43 %

* 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.


Fonterra Co-operative Group  (NZSE:FCG) 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

Fonterra Co-operative Group had a gross margin of 17.43% for the quarter that ended in Jul. 2023 => No sustainable competitive advantage


Fonterra Co-operative Group Gross Profit Related Terms

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Fonterra Co-operative Group Business Description

Traded in Other Exchanges
N/A
Address
109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets is Asia, China, Australia, New Zealand, the United States, and the Rest of the world.

Fonterra Co-operative Group Headlines