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WILLF (Demant AS) Gross Profit : $2,432 Mil (TTM As of Dec. 2024)


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What is Demant AS Gross Profit?

Demant AS's gross profit for the six months ended in Dec. 2024 was $1,205 Mil. Demant AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $2,432 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Demant AS's gross profit for the six months ended in Dec. 2024 was $1,205 Mil. Demant AS's Revenue for the six months ended in Dec. 2024 was $1,591 Mil. Therefore, Demant AS's Gross Margin % for the quarter that ended in Dec. 2024 was 75.71%.

Demant AS had a gross margin of 75.71% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Demant AS was 77.38%. The lowest was 70.45%. And the median was 75.40%.


Demant AS Gross Profit Historical Data

The historical data trend for Demant 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.

Demant AS Gross Profit Chart

Demant AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,666.78 2,044.98 2,088.74 2,387.78 2,399.57

Demant AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,080.18 1,166.64 1,214.81 1,227.36 1,204.70

Competitive Comparison of Demant AS's Gross Profit

For the Medical Devices subindustry, Demant 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.


Demant AS's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Demant AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Demant AS's Gross Profit falls into.


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Demant AS Gross Profit Calculation

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

Demant AS's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=3147.808 - 748.235
=2,400

Demant AS's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=1591.104 - 386.403
=1,205

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2,432 Mil.

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

Demant AS's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,205 / 1591.104
=75.71 %

* 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.


Demant AS  (OTCPK:WILLF) 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

Demant AS had a gross margin of 75.71% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Demant AS Gross Profit Related Terms

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Demant AS Business Description

Address
Kongebakken 9, Smorum, DNK, 2765
Demant AS is a Denmark-based company engaged in the healthcare industry. The company develops, manufactures and sells products and equipment designed to aid the hearing and communication of individuals. The Group focuses on four business areas: Hearing Devices, including such brands as Bernafon, Oticon, Frontrow, Phonic Ear and Sonic; Hearing Implants, including Oticon Medical; Diagnostic Instruments. The Company operates through more than 90 subsidiaries and associates all around the world. More than 80% of the company's sales come from North America and Europe.

Demant AS Headlines

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