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Tomra Systems ASA (OSL:TOM) Gross Profit : kr9,095 Mil (TTM As of Sep. 2024)


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What is Tomra Systems ASA Gross Profit?

Tomra Systems ASA's gross profit for the three months ended in Sep. 2024 was kr1,662 Mil. Tomra Systems ASA's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was kr9,095 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tomra Systems ASA's gross profit for the three months ended in Sep. 2024 was kr1,662 Mil. Tomra Systems ASA's Revenue for the three months ended in Sep. 2024 was kr3,843 Mil. Therefore, Tomra Systems ASA's Gross Margin % for the quarter that ended in Sep. 2024 was 43.25%.

Tomra Systems ASA had a gross margin of 43.25% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Tomra Systems ASA was 61.48%. The lowest was 55.25%. And the median was 58.24%.


Tomra Systems ASA Gross Profit Historical Data

The historical data trend for Tomra Systems 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.

Tomra Systems ASA Gross Profit Chart

Tomra Systems 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 5,805.89 6,165.69 6,670.44 7,101.85 8,969.49

Tomra Systems ASA 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 1,533.74 4,448.32 1,315.90 1,668.30 1,662.36

Competitive Comparison of Tomra Systems ASA's Gross Profit

For the Waste Management subindustry, Tomra Systems 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.


Tomra Systems ASA's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tomra Systems ASA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tomra Systems ASA's Gross Profit falls into.



Tomra Systems ASA Gross Profit Calculation

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

Tomra Systems 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
=15099.85 - 6130.364
=8,969

Tomra Systems 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
=3843.471 - 2181.111
=1,662

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 kr9,095 Mil.

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

Tomra Systems 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
=1,662 / 3843.471
=43.25 %

* 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.


Tomra Systems ASA  (OSL:TOM) 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

Tomra Systems ASA had a gross margin of 43.25% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Tomra Systems ASA Gross Profit Related Terms

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Tomra Systems ASA Business Description

Address
Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in the business areas of packaging, collection, compaction, recycling, ore sorting and food production. It provides reverse vending machines, sensor-based sorting machines and integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, and TOMRA Food. Geographically, the company generates revenue from Northern Europe, America, Asia, Oceania, and the rest of Europe.

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