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Takkt AG (XTER:TTK) Gross Profit : €435 Mil (TTM As of Sep. 2024)


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What is Takkt AG Gross Profit?

Takkt AG's gross profit for the three months ended in Sep. 2024 was €106 Mil. Takkt AG's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €435 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Takkt AG's gross profit for the three months ended in Sep. 2024 was €106 Mil. Takkt AG's Revenue for the three months ended in Sep. 2024 was €269 Mil. Therefore, Takkt AG's Gross Margin % for the quarter that ended in Sep. 2024 was 39.55%.

Takkt AG had a gross margin of 39.55% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Takkt AG was 42.61%. The lowest was 39.32%. And the median was 41.42%.


Takkt AG Gross Profit Historical Data

The historical data trend for Takkt 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.

Takkt AG Gross Profit Chart

Takkt 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 501.38 423.67 473.07 525.66 493.41

Takkt AG 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 125.00 114.01 110.80 103.40 106.40

Competitive Comparison of Takkt AG's Gross Profit

For the Business Equipment & Supplies subindustry, Takkt 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.


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

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

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



Takkt AG Gross Profit Calculation

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

Takkt 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
=1240.018 - 746.604
=493

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

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=269 - 162.6
=106

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 €435 Mil.

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

Takkt AG'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
=106 / 269
=39.55 %

* 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.


Takkt AG  (XTER:TTK) 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

Takkt AG had a gross margin of 39.55% for the quarter that ended in Sep. 2024 => Competition eroding margins


Takkt AG Gross Profit Related Terms

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Takkt AG Business Description

Traded in Other Exchanges
Address
Presselstrasse 12, Stuttgart, BW, DEU, 70191
Takkt AG specializes in B2B distance selling for business equipment. The company is engaged in three segments namely, Industrial & Packaging, Office Furniture & Displays and FoodService. A substantial part of the company's revenue is generated from the Industrial & Packaging segment which provides products like pallet lifting trucks, swivel chairs and special-purpose products such as environmental cabinets and containers for hazardous materials as well as collapsible boxes, package padding, shipping pallets, and stretch film among others. The company has its geographical presence in Germany, Europe (without Germany), USA which generates key revenue, and other regions.
Executives
Andreas Georg Weishaar Board of Directors

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