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Neinor Homes (XMAD:HOME) Gross Profit : €374.8 Mil (TTM As of Dec. 2023)


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What is Neinor Homes Gross Profit?

Neinor Homes's gross profit for the three months ended in Dec. 2023 was €0.0 Mil. Neinor Homes's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €374.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Neinor Homes's gross profit for the three months ended in Dec. 2023 was €0.0 Mil. Neinor Homes's Revenue for the three months ended in Dec. 2023 was €0.0 Mil. Therefore, Neinor Homes's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Neinor Homes had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Neinor Homes was 32.69%. The lowest was -5.87%. And the median was 27.42%.

Warning Sign:

Neinor Homes SA gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Neinor Homes Gross Profit Historical Data

The historical data trend for Neinor Homes'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.

Neinor Homes Gross Profit Chart

Neinor Homes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 159.80 158.81 241.87 209.25 183.12

Neinor Homes Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 104.30 117.70 257.13 - -

Competitive Comparison of Neinor Homes's Gross Profit

For the Real Estate - Development subindustry, Neinor Homes'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.


Neinor Homes's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Neinor Homes's Gross Profit distribution charts can be found below:

* The bar in red indicates where Neinor Homes's Gross Profit falls into.



Neinor Homes Gross Profit Calculation

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

Neinor Homes'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
=590.63 - 407.512
=183.1

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €374.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Neinor Homes'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
=0.0 / 0
=N/A %

* 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.


Neinor Homes  (XMAD:HOME) 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

Neinor Homes had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Neinor Homes Gross Profit Related Terms

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Neinor Homes (XMAD:HOME) Business Description

Traded in Other Exchanges
Address
Calle Ercilla 24, Bilbao, ESP, 48011
Neinor Homes SA is a residential property development company in Spain. The company is engaged in developing and selling property developments. Its operating segment includes Rentals, Asset management, Legacy, and Development. The company generates maximum revenue from the Development segment.

Neinor Homes (XMAD:HOME) Headlines