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Hunting (STU:0YT) Gross Profit : €209.5 Mil (TTM As of Dec. 2023)


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What is Hunting Gross Profit?

Hunting's gross profit for the six months ended in Dec. 2023 was €104.1 Mil. Hunting's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €209.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hunting's gross profit for the six months ended in Dec. 2023 was €104.1 Mil. Hunting's Revenue for the six months ended in Dec. 2023 was €413.8 Mil. Therefore, Hunting's Gross Margin % for the quarter that ended in Dec. 2023 was 25.15%.

Hunting had a gross margin of 25.15% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hunting was 31.20%. The lowest was 10.55%. And the median was 23.22%.

Warning Sign:

Hunting PLC gross margin has been in long-term decline. The average rate of decline per year is -3.3%.


Hunting Gross Profit Historical Data

The historical data trend for Hunting'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.

Hunting Gross Profit Chart

Hunting 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 222.66 55.98 57.44 161.80 208.80

Hunting Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.50 71.71 90.25 105.41 104.08

Competitive Comparison of Hunting's Gross Profit

For the Oil & Gas Equipment & Services subindustry, Hunting'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.


Hunting's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hunting's Gross Profit distribution charts can be found below:

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



Hunting Gross Profit Calculation

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

Hunting'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
=851.985 - 643.184
=208.8

Hunting's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=413.842 - 309.763
=104.1

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €209.5 Mil.

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

Hunting's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=104.1 / 413.842
=25.15 %

* 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.


Hunting  (STU:0YT) 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

Hunting had a gross margin of 25.15% for the quarter that ended in Dec. 2023 => Competition eroding margins


Hunting Gross Profit Related Terms

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Hunting (STU:0YT) Business Description

Traded in Other Exchanges
Address
30 Panton Street, 5th Floor, London, GBR, SW1Y 4AJ
Hunting PLC manufactures and distributes products that enable the extraction of oil and gas. The company has a client base that includes many of the world's international oil and gas companies. Primary product lines include well construction, well completion, and well intervention. Well completion activities provide Hunting with the most revenue of the three segments. Products provided by this segment include connection technologies that protect the wellbore from annular pressure buildup, drilling tools, and a host of other tools for oil and gas well completions.

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