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Zur Shamir Holdings (XTAE:ZUR) Gross Profit : ₪1,976 Mil (TTM As of Sep. 2024)


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What is Zur Shamir Holdings Gross Profit?

Zur Shamir Holdings's gross profit for the three months ended in Sep. 2024 was ₪780 Mil. Zur Shamir Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₪1,976 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Zur Shamir Holdings's gross profit for the three months ended in Sep. 2024 was ₪780 Mil. Zur Shamir Holdings's Revenue for the three months ended in Sep. 2024 was ₪1,425 Mil. Therefore, Zur Shamir Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 54.77%.

Zur Shamir Holdings had a gross margin of 54.77% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Zur Shamir Holdings was 51.23%. The lowest was 31.61%. And the median was 39.47%.


Zur Shamir Holdings Gross Profit Historical Data

The historical data trend for Zur Shamir Holdings'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.

Zur Shamir Holdings Gross Profit Chart

Zur Shamir Holdings 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 1,195.22 1,110.67 1,351.67 1,461.69 1,726.83

Zur Shamir Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 683.73 -212.58 682.17 725.99 780.47

Competitive Comparison of Zur Shamir Holdings's Gross Profit

For the Insurance - Property & Casualty subindustry, Zur Shamir Holdings'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.


Zur Shamir Holdings's Gross Profit Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zur Shamir Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Zur Shamir Holdings's Gross Profit falls into.


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Zur Shamir Holdings Gross Profit Calculation

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

Zur Shamir Holdings'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
=4397.926 - 2671.092
=1,727

Zur Shamir Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1424.921 - 644.447
=780

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪1,976 Mil.

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

Zur Shamir Holdings's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=780 / 1424.921
=54.77 %

* 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.


Zur Shamir Holdings  (XTAE:ZUR) 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

Zur Shamir Holdings had a gross margin of 54.77% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Zur Shamir Holdings Gross Profit Related Terms

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Zur Shamir Holdings Business Description

Traded in Other Exchanges
N/A
Address
35 Efal Street, Petach Tikva, ISR, 4951132
Zur Shamir Holdings Ltd is engaged in providing services in the insurance market, consumer credit, and real estate. The company's operating segment includes life assurance and long term savings, Health insurance, General insurance, Granting of consumer credit and Investment property. General insurance segment includes the lines of a motor act, motor casco, property and others and other liabilities. The Granting of consumer credit segment Includes granting of consumer credit activity for the acquisition of vehicles and others. It generates maximum revenue from the General insurance segment.

Zur Shamir Holdings Headlines

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