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Maple Leaf Foods (STU:M1L) Gross Profit : €412 Mil (TTM As of Mar. 2024)


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What is Maple Leaf Foods Gross Profit?

Maple Leaf Foods's gross profit for the three months ended in Mar. 2024 was €154 Mil. Maple Leaf Foods's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €412 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Maple Leaf Foods's gross profit for the three months ended in Mar. 2024 was €154 Mil. Maple Leaf Foods's Revenue for the three months ended in Mar. 2024 was €784 Mil. Therefore, Maple Leaf Foods's Gross Margin % for the quarter that ended in Mar. 2024 was 19.63%.

Maple Leaf Foods had a gross margin of 19.63% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Maple Leaf Foods was 17.74%. The lowest was 6.91%. And the median was 14.79%.

Warning Sign:

Maple Leaf Foods Inc gross margin has been in long-term decline. The average rate of decline per year is -11.6%.


Maple Leaf Foods Gross Profit Historical Data

The historical data trend for Maple Leaf Foods'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.

Maple Leaf Foods Gross Profit Chart

Maple Leaf Foods 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 403.89 451.18 455.69 294.73 308.52

Maple Leaf Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 52.18 65.02 101.00 92.60 153.84

Competitive Comparison of Maple Leaf Foods's Gross Profit

For the Packaged Foods subindustry, Maple Leaf Foods'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.


Maple Leaf Foods's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Maple Leaf Foods's Gross Profit distribution charts can be found below:

* The bar in red indicates where Maple Leaf Foods's Gross Profit falls into.



Maple Leaf Foods Gross Profit Calculation

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

Maple Leaf Foods'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
=3327.288 - 3018.768
=309

Maple Leaf Foods's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=783.811 - 629.975
=154

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €412 Mil.

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

Maple Leaf Foods's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=154 / 783.811
=19.63 %

* 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.


Maple Leaf Foods  (STU:M1L) 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

Maple Leaf Foods had a gross margin of 19.63% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Maple Leaf Foods Gross Profit Related Terms

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Maple Leaf Foods (STU:M1L) Business Description

Traded in Other Exchanges
Address
6985 Financial Drive, Mississauga, ON, CAN, L5N 0A1
Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.

Maple Leaf Foods (STU:M1L) Headlines

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