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Eramet (XPAR:ERA) Gross Profit : €1,900 Mil (TTM As of Jun. 2024)


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What is Eramet Gross Profit?

Eramet's gross profit for the six months ended in Jun. 2024 was €789 Mil. Eramet's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was €1,900 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Eramet's gross profit for the six months ended in Jun. 2024 was €789 Mil. Eramet's Revenue for the six months ended in Jun. 2024 was €1,452 Mil. Therefore, Eramet's Gross Margin % for the quarter that ended in Jun. 2024 was 54.34%.

Eramet had a gross margin of 54.34% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Eramet was 67.09%. The lowest was 0.20%. And the median was 39.76%.


Eramet Gross Profit Historical Data

The historical data trend for Eramet'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.

Eramet Gross Profit Chart

Eramet 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 2,127.00 1,697.00 2,489.00 3,336.00 1,999.00

Eramet Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,865.00 1,471.00 888.00 1,111.00 789.00

Competitive Comparison of Eramet's Gross Profit

For the Other Industrial Metals & Mining subindustry, Eramet'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.


Eramet's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eramet's Gross Profit distribution charts can be found below:

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



Eramet Gross Profit Calculation

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

Eramet'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
=3340 - 1341
=1,999

Eramet's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1452 - 663
=789

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,900 Mil.

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

Eramet's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=789 / 1452
=54.34 %

* 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.


Eramet  (XPAR:ERA) 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

Eramet had a gross margin of 54.34% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Eramet Gross Profit Related Terms

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Eramet Business Description

Address
10 Boulevard de Grenelle, CS 63205, Paris, FRA, 75015
Eramet SA is a French mining and metallurgical company focused on the extraction, production, and sale of alloying metals, principally Manganese, Nickel, Mineral Sands, and Lithium. The company is also engaged in the production and transformation of alloys. Manganese constitutes nearly half of Eramet's revenue, followed by Nickel. Geographically, the majority of the company's revenue is generated from Asia and the rest from Europe, North America, France, and other regions.

Eramet Headlines

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