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Taylor Wimpey (Taylor Wimpey) Gross Profit : $906 Mil (TTM As of Dec. 2023)


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What is Taylor Wimpey Gross Profit?

Taylor Wimpey's gross profit for the six months ended in Dec. 2023 was $459 Mil. Taylor Wimpey's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $906 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Taylor Wimpey's gross profit for the six months ended in Dec. 2023 was $459 Mil. Taylor Wimpey's Revenue for the six months ended in Dec. 2023 was $2,376 Mil. Therefore, Taylor Wimpey's Gross Margin % for the quarter that ended in Dec. 2023 was 19.31%.

Taylor Wimpey had a gross margin of 19.31% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Taylor Wimpey was 26.32%. The lowest was 17.80%. And the median was 24.57%.

Warning Sign:

Taylor Wimpey PLC gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


Taylor Wimpey Gross Profit Historical Data

The historical data trend for Taylor Wimpey'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.

Taylor Wimpey Gross Profit Chart

Taylor Wimpey 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 1,368.41 667.61 1,365.69 1,379.29 906.96

Taylor Wimpey 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 671.14 645.94 740.44 446.84 458.99

Competitive Comparison of Taylor Wimpey's Gross Profit

For the Residential Construction subindustry, Taylor Wimpey'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.


Taylor Wimpey's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Taylor Wimpey's Gross Profit distribution charts can be found below:

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



Taylor Wimpey Gross Profit Calculation

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

Taylor Wimpey'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
=4448.734 - 3541.772
=907

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2376.456 - 1917.469
=459

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 $906 Mil.

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

Taylor Wimpey'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
=459 / 2376.456
=19.31 %

* 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.


Taylor Wimpey  (OTCPK:TWODF) 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

Taylor Wimpey had a gross margin of 19.31% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Taylor Wimpey Gross Profit Related Terms

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Taylor Wimpey (Taylor Wimpey) Business Description

Traded in Other Exchanges
Address
Turnpike Road, Gate House, High Wycombe, Buckinghamshire, GBR, HP12 3NR
Taylor Wimpey is the U.K.'s second-largest residential property developer by revenue—or third-largest as judged by dwelling completions—and was established via the merger of George Wimpey and Taylor Woodrow in 2007. Taylor Wimpey is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain, aligning with the typical business model employed by U.K. homebuilders. The company also has a nascent homebuilding operation in Spain.

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