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Mitsubishi Heavy Industries (TSE:7011) Gross Profit : 円1,032,991 Mil (TTM As of Sep. 2024)


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What is Mitsubishi Heavy Industries Gross Profit?

Mitsubishi Heavy Industries's gross profit for the three months ended in Sep. 2024 was 円256,407 Mil. Mitsubishi Heavy Industries's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was 円1,032,991 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mitsubishi Heavy Industries's gross profit for the three months ended in Sep. 2024 was 円256,407 Mil. Mitsubishi Heavy Industries's Revenue for the three months ended in Sep. 2024 was 円1,186,558 Mil. Therefore, Mitsubishi Heavy Industries's Gross Margin % for the quarter that ended in Sep. 2024 was 21.61%.

Mitsubishi Heavy Industries had a gross margin of 21.61% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Mitsubishi Heavy Industries was 21.31%. The lowest was 15.77%. And the median was 18.47%.


Mitsubishi Heavy Industries Gross Profit Historical Data

The historical data trend for Mitsubishi Heavy Industries'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.

Mitsubishi Heavy Industries Gross Profit Chart

Mitsubishi Heavy Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 710,036.00 583,482.00 655,911.00 765,017.00 930,112.00

Mitsubishi Heavy Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 201,219.00 251,178.00 284,877.00 240,529.00 256,407.00

Competitive Comparison of Mitsubishi Heavy Industries's Gross Profit

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries'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.


Mitsubishi Heavy Industries's Gross Profit Distribution in the Industrial Products Industry

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

* The bar in red indicates where Mitsubishi Heavy Industries's Gross Profit falls into.



Mitsubishi Heavy Industries Gross Profit Calculation

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

Mitsubishi Heavy Industries's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=4657147 - 3727035
=930,112

Mitsubishi Heavy Industries's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1186558 - 930151
=256,407

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,032,991 Mil.

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

Mitsubishi Heavy Industries's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=256,407 / 1186558
=21.61 %

* 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.


Mitsubishi Heavy Industries  (TSE:7011) 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

Mitsubishi Heavy Industries had a gross margin of 21.61% for the quarter that ended in Sep. 2024 => Competition eroding margins


Mitsubishi Heavy Industries Gross Profit Related Terms

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Mitsubishi Heavy Industries Business Description

Traded in Other Exchanges
Address
2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.

Mitsubishi Heavy Industries Headlines

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