Nestle (Nestle) Gross Profit : $48,775 Mil (TTM As of Dec. 2023)

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What is Nestle Gross Profit?

Nestle's gross profit for the six months ended in Dec. 2023 was $25,114 Mil. Nestle's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $48,775 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nestle's gross profit for the six months ended in Dec. 2023 was $25,114 Mil. Nestle's Revenue for the six months ended in Dec. 2023 was $54,203 Mil. Therefore, Nestle's Gross Margin % for the quarter that ended in Dec. 2023 was 46.33%.

Nestle had a gross margin of 46.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Nestle was 50.77%. The lowest was 45.41%. And the median was 49.29%.

Warning Sign:

Nestle SA gross margin has been in long-term decline. The average rate of decline per year is -1.9%.

Nestle Gross Profit Historical Data

The historical data trend for Nestle'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.

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Nestle Gross Profit Chart

Nestle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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47,036.43

46,949.57

45,604.78

46,194.72

49,749.08

Nestle Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial															23,317.05	21,773.86	23,518.68	23,660.60	25,114.48

Competitive Comparison of Nestle's Gross Profit

For the Packaged Foods subindustry, Nestle'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.

Nestle's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

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

Nestle Gross Profit Calculation

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

Nestle'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
	=	107945.19	-	58196.115
	=	49,749

Nestle's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	54203.284	-	29088.807
	=	25,114

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $48,775 Mil.

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

Nestle's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	25,114	/	54203.284
	=	46.33 %

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.

Nestle (OTCPK:NSRGY) 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

Nestle had a gross margin of 46.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Nestle Gross Profit Related Terms

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Nestle (Nestle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle SA (OTCPK:NSRGY) » Definitions » Gross Profit

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Traded in Other Exchanges

NSRGF:USA NESN:Mexico NESNz:UK 0QR4:UK NESM:Germany NESNE:Switzerland NESN:Switzerland

Address

Avenue Nestle 55, Vevey, CHE, CH-1800

Website

https://www.nestle.com

With a 150-year-plus history, Nestle is the largest food and beverage manufacturer in the world by sales, generating more than CHF 90 billion in annual revenue. Its diverse product portfolio includes brands such as Nestle, Nescafe, Perrier, Pure Life, and Purina. Nestle also owns around 20% of French cosmetics firm L'Oreal. The company employs 275,000 people around the world and has a vast portfolio of global products, with more than 30 brands each achieving more than CHF 1 billion in sales annually and a geographic presence that spans almost 190 countries.