/term/gross-profit/OSTO:EKTA%20B Elekta AB (OSTO:EKTA B) Gross Profit
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Elekta AB (OSTO:EKTA B) Gross Profit : kr6,878 Mil (TTM As of Jan. 2024)


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What is Elekta AB Gross Profit?

Elekta AB's gross profit for the three months ended in Jan. 2024 was kr1,664 Mil. Elekta AB's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was kr6,878 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Elekta AB's gross profit for the three months ended in Jan. 2024 was kr1,664 Mil. Elekta AB's Revenue for the three months ended in Jan. 2024 was kr4,537 Mil. Therefore, Elekta AB's Gross Margin % for the quarter that ended in Jan. 2024 was 36.68%.

Elekta AB had a gross margin of 36.68% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Elekta AB was 43.69%. The lowest was 37.37%. And the median was 41.24%.

Warning Sign:

Elekta AB gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


Elekta AB Gross Profit Historical Data

The historical data trend for Elekta 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.

Elekta AB Gross Profit Chart

Elekta AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,680.00 6,138.00 5,610.00 5,436.00 6,349.00

Elekta AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,652.00 1,930.00 1,589.00 1,695.00 1,664.00

Competitive Comparison of Elekta AB's Gross Profit

For the Medical Instruments & Supplies subindustry, Elekta 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.


Elekta AB's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's Gross Profit distribution charts can be found below:

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



Elekta AB Gross Profit Calculation

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

Elekta AB's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )=Revenue - Cost of Goods Sold
=16869 - 10520
=6,349

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

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=4537 - 2873
=1,664

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr6,878 Mil.

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

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

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,664 / 4537
=36.68 %

* 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.


Elekta AB  (OSTO:EKTA B) 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

Elekta AB had a gross margin of 36.68% for the quarter that ended in Jan. 2024 => Competition eroding margins


Elekta AB Gross Profit Related Terms

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Elekta AB (OSTO:EKTA B) Business Description

Address
Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company's installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally. The company's sales are evenly distributed across geographies, with North and South America accounting for 31%; Europe, the Middle East, and Africa accounting for 35%; and Asia-Pacific contributing the remainder.

Elekta AB (OSTO:EKTA B) Headlines

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