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Krones AG (XSWX:KRN) Gross Profit : CHF2,284 Mil (TTM As of Mar. 2024)


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What is Krones AG Gross Profit?

Krones AG's gross profit for the three months ended in Mar. 2024 was CHF629 Mil. Krones AG's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was CHF2,284 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Krones AG's gross profit for the three months ended in Mar. 2024 was CHF629 Mil. Krones AG's Revenue for the three months ended in Mar. 2024 was CHF1,205 Mil. Therefore, Krones AG's Gross Margin % for the quarter that ended in Mar. 2024 was 52.21%.

Krones AG had a gross margin of 52.21% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Krones AG was 51.94%. The lowest was 47.65%. And the median was 50.11%.


Krones AG Gross Profit Historical Data

The historical data trend for Krones AG'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.

Krones AG Gross Profit Chart

Krones AG 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 2,128.81 1,804.78 1,940.78 2,115.45 2,203.14

Krones AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 606.13 565.51 542.26 546.91 628.88

Competitive Comparison of Krones AG's Gross Profit

For the Specialty Industrial Machinery subindustry, Krones AG'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.


Krones AG's Gross Profit Distribution in the Industrial Products Industry

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

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



Krones AG Gross Profit Calculation

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

Krones AG'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
=4451.953 - 2248.815
=2,203

Krones AG's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1204.536 - 575.658
=629

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF2,284 Mil.

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

Krones AG's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=629 / 1204.536
=52.21 %

* 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.


Krones AG  (XSWX:KRN) 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

Krones AG had a gross margin of 52.21% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Krones AG Gross Profit Related Terms

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Krones AG (XSWX:KRN) Business Description

Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

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