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Weir Group (STU:42W) Gross Profit : €1,220 Mil (TTM As of Dec. 2024)


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What is Weir Group Gross Profit?

Weir Group's gross profit for the six months ended in Dec. 2024 was €659 Mil. Weir Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was €1,220 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Weir Group's gross profit for the six months ended in Dec. 2024 was €659 Mil. Weir Group's Revenue for the six months ended in Dec. 2024 was €1,568 Mil. Therefore, Weir Group's Gross Margin % for the quarter that ended in Dec. 2024 was 42.02%.

Weir Group had a gross margin of 42.02% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Weir Group was 40.73%. The lowest was 32.70%. And the median was 35.85%.


Weir Group Gross Profit Historical Data

The historical data trend for Weir 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.

Weir Group Gross Profit Chart

Weir Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 774.60 819.57 1,033.34 1,154.84 1,231.96

Weir Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 574.22 567.20 589.90 561.18 658.72

Competitive Comparison of Weir Group's Gross Profit

For the Specialty Industrial Machinery subindustry, Weir 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.


Weir Group's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weir Group's Gross Profit distribution charts can be found below:

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


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Weir Group Gross Profit Calculation

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

Weir Group's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=3025.092 - 1793.13
=1,232

Weir Group's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1567.601 - 908.88
=659

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,220 Mil.

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

Weir Group's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=659 / 1567.601
=42.02 %

* 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.


Weir Group  (STU:42W) 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

Weir Group had a gross margin of 42.02% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Weir Group Gross Profit Related Terms

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Weir Group Business Description

Traded in Other Exchanges
Address
1 West Regent Street, 10th Floor, Glasgow, GBR, G2 1RW
Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America, U.S, and Canada.

Weir Group Headlines

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