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Cadeler AS (STU:CA2) Gross Profit : €31.0 Mil (TTM As of Jun. 2024)


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What is Cadeler AS Gross Profit?

Cadeler AS's gross profit for the six months ended in Jun. 2024 was €24.8 Mil. Cadeler AS's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €31.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cadeler AS's gross profit for the six months ended in Jun. 2024 was €24.8 Mil. Cadeler AS's Revenue for the six months ended in Jun. 2024 was €82.2 Mil. Therefore, Cadeler AS's Gross Margin % for the quarter that ended in Jun. 2024 was 30.19%.

Cadeler AS had a gross margin of 30.19% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 7 years, the highest Gross Margin % of Cadeler AS was 53.45%. The lowest was -134.65%. And the median was 29.41%.


Cadeler AS Gross Profit Historical Data

The historical data trend for Cadeler AS'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.

Cadeler AS Gross Profit Chart

Cadeler AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial -6.25 -26.26 22.06 56.89 48.76

Cadeler AS Semi-Annual Data
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 19.62 37.27 42.55 6.21 24.82

Competitive Comparison of Cadeler AS's Gross Profit

For the Engineering & Construction subindustry, Cadeler AS'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.


Cadeler AS's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cadeler AS's Gross Profit distribution charts can be found below:

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



Cadeler AS Gross Profit Calculation

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

Cadeler AS'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
=108.622 - 59.858
=48.8

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=82.218 - 57.398
=24.8

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 €31.0 Mil.

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

Cadeler AS'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
=24.8 / 82.218
=30.19 %

* 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.


Cadeler AS  (STU:CA2) 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

Cadeler AS had a gross margin of 30.19% for the quarter that ended in Jun. 2024 => Competition eroding margins


Cadeler AS Gross Profit Related Terms

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Cadeler AS Business Description

Traded in Other Exchanges
Address
Kalvebod Brygge 43, Copenhagen, DNK, DK-1560
Cadeler AS is an offshore wind farm vessel contractor. It is engaged in offshore wind farm construction, maintenance, and decommissioning, and provides marine and engineering operations to the wind industry with a focus on safety and the environment. The company operates four offshore jack-up wind farm installation vessels. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.

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