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NV Bekaert (XBRU:BEKB) Gross Profit : €705 Mil (TTM As of Dec. 2023)


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What is NV Bekaert Gross Profit?

NV Bekaert's gross profit for the six months ended in Dec. 2023 was €302 Mil. NV Bekaert's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €705 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NV Bekaert's gross profit for the six months ended in Dec. 2023 was €302 Mil. NV Bekaert's Revenue for the six months ended in Dec. 2023 was €2,010 Mil. Therefore, NV Bekaert's Gross Margin % for the quarter that ended in Dec. 2023 was 15.04%.

NV Bekaert had a gross margin of 15.04% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of NV Bekaert was 18.31%. The lowest was 12.20%. And the median was 15.69%.


NV Bekaert Gross Profit Historical Data

The historical data trend for NV Bekaert'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.

NV Bekaert Gross Profit Chart

NV Bekaert 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 527.13 558.32 885.91 665.05 704.60

NV Bekaert 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 427.07 408.71 256.35 402.37 302.23

Competitive Comparison of NV Bekaert's Gross Profit

For the Metal Fabrication subindustry, NV Bekaert'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.


NV Bekaert's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NV Bekaert's Gross Profit distribution charts can be found below:

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



NV Bekaert Gross Profit Calculation

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

NV Bekaert'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
=4327.891 - 3623.289
=705

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2009.886 - 1707.657
=302

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 €705 Mil.

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

NV Bekaert'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
=302 / 2009.886
=15.04 %

* 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.


NV Bekaert  (XBRU:BEKB) 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

NV Bekaert had a gross margin of 15.04% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


NV Bekaert Gross Profit Related Terms

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NV Bekaert (XBRU:BEKB) Business Description

Traded in Other Exchanges
Address
Bekaertstraat 2, Zwevegem, BEL, BE-8550
NV Bekaert SA uses metal treatment technologies to deliver a portfolio of steel wire products and coating solutions to global customers. It operates in four segments: rubber reinforcement, steel wire solutions, specialty businesses, and Bridon-Bekaert Ropes Group. The company's products help reduce friction, improve corrosion resistance, and enhance adhesion with other materials. Bekaert's offerings are used in various sectors, including automotive, construction, energy, agriculture, and consumer goods.

NV Bekaert (XBRU:BEKB) Headlines

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