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Merck KGaA (WBO:MRCK) Gross Profit : €12,284 Mil (TTM As of Sep. 2024)


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What is Merck KGaA Gross Profit?

Merck KGaA's gross profit for the three months ended in Sep. 2024 was €3,144 Mil. Merck KGaA's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €12,284 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Merck KGaA's gross profit for the three months ended in Sep. 2024 was €3,144 Mil. Merck KGaA's Revenue for the three months ended in Sep. 2024 was €5,266 Mil. Therefore, Merck KGaA's Gross Margin % for the quarter that ended in Sep. 2024 was 59.70%.

Merck KGaA had a gross margin of 59.70% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Merck KGaA was 68.97%. The lowest was 58.60%. And the median was 63.27%.

Warning Sign:

Merck KGaA gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Merck KGaA Gross Profit Historical Data

The historical data trend for Merck KGaA'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.

Merck KGaA Gross Profit Chart

Merck KGaA 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 10,146.00 10,699.00 12,336.00 13,705.00 12,393.00

Merck KGaA 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 3,011.00 2,898.00 3,009.00 3,233.00 3,144.00

Competitive Comparison of Merck KGaA's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Merck KGaA'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.


Merck KGaA's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Merck KGaA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Merck KGaA's Gross Profit falls into.



Merck KGaA Gross Profit Calculation

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

Merck KGaA'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
=20993 - 8600
=12,393

Merck KGaA's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=5266 - 2122
=3,144

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 €12,284 Mil.

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

Merck KGaA'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
=3,144 / 5266
=59.70 %

* 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.


Merck KGaA  (WBO:MRCK) 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

Merck KGaA had a gross margin of 59.70% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Merck KGaA Gross Profit Related Terms

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Merck KGaA Business Description

Address
Frankfurter Strasse 250, Darmstadt, HE, DEU, 64293
Merck KGaA operates in three main segments: life sciences, performance materials, and healthcare. The life sciences segment (44% of 2023 sales) primarily provides laboratory consumables and services to researchers in academia and applied fields, including the biopharmaceutical industry. In the healthcare segment (38%), Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In its electronics segment (17%), the company offers specialty materials to manufacture a variety of products, such as semiconductors, flat-screen televisions, automobiles, and cosmetics. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.

Merck KGaA Headlines

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