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Koninklijke Vopak NV (Koninklijke Vopak NV) Gross Profit : $1,198 Mil (TTM As of Dec. 2023)


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What is Koninklijke Vopak NV Gross Profit?

Koninklijke Vopak NV's gross profit for the six months ended in Dec. 2023 was $593 Mil. Koninklijke Vopak NV's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,198 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Koninklijke Vopak NV's gross profit for the six months ended in Dec. 2023 was $593 Mil. Koninklijke Vopak NV's Revenue for the six months ended in Dec. 2023 was $769 Mil. Therefore, Koninklijke Vopak NV's Gross Margin % for the quarter that ended in Dec. 2023 was 77.17%.

Koninklijke Vopak NV had a gross margin of 77.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Koninklijke Vopak NV was 81.91%. The lowest was 72.98%. And the median was 77.79%.


Koninklijke Vopak NV Gross Profit Historical Data

The historical data trend for Koninklijke Vopak NV'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.

Koninklijke Vopak NV Gross Profit Chart

Koninklijke Vopak NV 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 1,068.78 1,087.59 1,012.54 1,088.03 1,202.40

Koninklijke Vopak NV 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 509.83 514.06 572.88 605.31 593.13

Competitive Comparison of Koninklijke Vopak NV's Gross Profit

For the Oil & Gas Midstream subindustry, Koninklijke Vopak NV'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.


Koninklijke Vopak NV's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Koninklijke Vopak NV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Koninklijke Vopak NV's Gross Profit falls into.



Koninklijke Vopak NV Gross Profit Calculation

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

Koninklijke Vopak NV'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
=1554.635 - 352.236
=1,202

Koninklijke Vopak NV's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=768.593 - 175.463
=593

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 $1,198 Mil.

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

Koninklijke Vopak NV'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
=593 / 768.593
=77.17 %

* 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.


Koninklijke Vopak NV  (OTCPK:VOPKY) 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

Koninklijke Vopak NV had a gross margin of 77.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Koninklijke Vopak NV Gross Profit Related Terms

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Koninklijke Vopak NV (Koninklijke Vopak NV) Business Description

Address
Westerlaan 10, Rotterdam, NLD, 3016 CK
Koninklijke Vopak NV is a tank storage provider for the oil and chemical industry. The company provides storage facilities and handling services for bulk liquid products and gases, including oil, chemicals, gases, liquefied natural gas, and biofuels. The company organizes itself into five segments, which are principally based on geography: Europe & Africa, Asia & Middle East, China & North Asia, and Americas and LNG. The Netherlands contributes the largest portion of revenue, followed by Asia (principally Singapore), the Americas (principally the United States), and Europe, the Middle East, and Africa.

Koninklijke Vopak NV (Koninklijke Vopak NV) Headlines

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