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RKLIF (Rentokil Initial) Gross Profit : $6,866 Mil (TTM As of Jun. 2024)


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What is Rentokil Initial Gross Profit?

Rentokil Initial's gross profit for the six months ended in Jun. 2024 was $3,443 Mil. Rentokil Initial's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $6,866 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rentokil Initial's gross profit for the six months ended in Jun. 2024 was $3,443 Mil. Rentokil Initial's Revenue for the six months ended in Jun. 2024 was $3,443 Mil. Therefore, Rentokil Initial's Gross Margin % for the quarter that ended in Jun. 2024 was N/A%.

Rentokil Initial had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Rentokil Initial was 83.26%. The lowest was 79.16%. And the median was 80.71%.


Rentokil Initial Gross Profit Historical Data

The historical data trend for Rentokil Initial'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.

Rentokil Initial Gross Profit Chart

Rentokil Initial 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 2,816.12 2,983.87 3,152.93 3,666.26 5,664.56

Rentokil Initial Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,935.96 2,609.01 3,372.48 3,422.79 3,442.75

Competitive Comparison of Rentokil Initial's Gross Profit

For the Specialty Business Services subindustry, Rentokil Initial'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.


Rentokil Initial's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rentokil Initial's Gross Profit distribution charts can be found below:

* The bar in red indicates where Rentokil Initial's Gross Profit falls into.



Rentokil Initial Gross Profit Calculation

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

Rentokil Initial'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
=6803.797 - 1139.24
=5,665

Rentokil Initial's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=3442.748 - 0
=3,443

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $6,866 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Rentokil Initial's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,443 / 3442.748
=N/A %

* 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.


Rentokil Initial  (OTCPK:RKLIF) 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

Rentokil Initial had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Rentokil Initial Gross Profit Related Terms

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Rentokil Initial Business Description

Address
Manor Royal, Compass House, Crawley, West Sussex, GBR, RH10 9PY
Rentokil Initial is the largest global provider of route-based pest-control and commercial hygiene services, operating in 83 countries. The group also offers a range of specialist route-based services including office and commercial space plant care, property care, and workwear rentals. The group has a diverse client base that includes global food producers, hotel chains, industrial goods businesses, restaurants, and individual residential customers.

Rentokil Initial Headlines

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