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Beyond Meat (XTER:0Q3) Gross Profit : €-47.9 Mil (TTM As of Sep. 2024)


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What is Beyond Meat Gross Profit?

Beyond Meat's gross profit for the three months ended in Sep. 2024 was €12.9 Mil. Beyond Meat's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €-47.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Beyond Meat's gross profit for the three months ended in Sep. 2024 was €12.9 Mil. Beyond Meat's Revenue for the three months ended in Sep. 2024 was €73.0 Mil. Therefore, Beyond Meat's Gross Margin % for the quarter that ended in Sep. 2024 was 17.66%.

Beyond Meat had a gross margin of 17.66% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of Beyond Meat was 33.49%. The lowest was -39.01%. And the median was 7.16%.


Beyond Meat Gross Profit Historical Data

The historical data trend for Beyond Meat'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.

Beyond Meat Gross Profit Chart

Beyond Meat Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 89.78 100.51 103.79 -22.41 -75.80

Beyond Meat 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 -6.80 -76.90 3.38 12.74 12.89

Competitive Comparison of Beyond Meat's Gross Profit

For the Packaged Foods subindustry, Beyond Meat'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.


Beyond Meat's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beyond Meat's Gross Profit distribution charts can be found below:

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



Beyond Meat Gross Profit Calculation

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

Beyond Meat'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
=314.876 - 390.671
=-75.8

Beyond Meat's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=72.986 - 60.094
=12.9

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 €-47.9 Mil.

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

Beyond Meat'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
=12.9 / 72.986
=17.66 %

* 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.


Beyond Meat  (XTER:0Q3) 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

Beyond Meat had a gross margin of 17.66% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Beyond Meat Gross Profit Related Terms

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Beyond Meat Business Description

Address
119 Standard Street, El Segundo, CA, USA, 90245
Beyond Meat Inc is a provider of plant-based meat company offering a portfolio of revolutionary plant-based meats. It builds meat directly from plants, an innovation that enables consumers to experience the taste, texture and other sensory attributes of popular animal-based meat products while enjoying the nutritional and environmental benefits of eating plant-based meat product It has products such as burgers, sausage, ground beef, jerky, meatballs and chicken. The company generates revenue from sales of its products to the customers across mainstream grocery, mass merchandiser, club store, convenience store and natural retailer channels, and various food-away-from-home channels, including restaurants, foodservice outlets and schools, mainly in the United States.

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