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VWSYF (Vestas Wind Systems AS) Gross Profit : $1,607 Mil (TTM As of Sep. 2024)


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What is Vestas Wind Systems AS Gross Profit?

Vestas Wind Systems AS's gross profit for the three months ended in Sep. 2024 was $604 Mil. Vestas Wind Systems AS's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $1,607 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vestas Wind Systems AS's gross profit for the three months ended in Sep. 2024 was $604 Mil. Vestas Wind Systems AS's Revenue for the three months ended in Sep. 2024 was $5,746 Mil. Therefore, Vestas Wind Systems AS's Gross Margin % for the quarter that ended in Sep. 2024 was 10.51%.

Vestas Wind Systems AS had a gross margin of 10.51% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Vestas Wind Systems AS was 20.77%. The lowest was 0.81%. And the median was 15.30%.

Warning Sign:

Vestas Wind Systems AS gross margin has been in long-term decline. The average rate of decline per year is -29%.


Vestas Wind Systems AS Gross Profit Historical Data

The historical data trend for Vestas Wind Systems 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.

Vestas Wind Systems AS Gross Profit Chart

Vestas Wind Systems AS 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 1,956.67 1,871.05 1,758.19 125.00 1,399.13

Vestas Wind Systems AS 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 374.60 570.34 265.22 167.92 603.77

Competitive Comparison of Vestas Wind Systems AS's Gross Profit

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems 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.


Vestas Wind Systems AS's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Gross Profit falls into.



Vestas Wind Systems AS Gross Profit Calculation

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

Vestas Wind Systems 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
=16774.264 - 15375.136
=1,399

Vestas Wind Systems AS's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=5745.838 - 5142.064
=604

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 $1,607 Mil.

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

Vestas Wind Systems AS'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
=604 / 5745.838
=10.51 %

* 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.


Vestas Wind Systems AS  (OTCPK:VWSYF) 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

Vestas Wind Systems AS had a gross margin of 10.51% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Vestas Wind Systems AS Gross Profit Related Terms

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Vestas Wind Systems AS Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

Vestas Wind Systems AS Headlines

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