Reckitt Benckiser Group (Reckitt Benckiser Group) Gross Profit : $11,074 Mil (TTM As of Dec. 2023)

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What is Reckitt Benckiser Group Gross Profit?

Reckitt Benckiser Group's gross profit for the six months ended in Dec. 2023 was $5,489 Mil. Reckitt Benckiser Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $11,074 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Reckitt Benckiser Group's gross profit for the six months ended in Dec. 2023 was $5,489 Mil. Reckitt Benckiser Group's Revenue for the six months ended in Dec. 2023 was $9,065 Mil. Therefore, Reckitt Benckiser Group's Gross Margin % for the quarter that ended in Dec. 2023 was 60.55%.

Reckitt Benckiser Group had a gross margin of 60.55% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Reckitt Benckiser Group was 61.19%. The lowest was 57.67%. And the median was 59.78%.

Reckitt Benckiser Group Gross Profit Historical Data

The historical data trend for Reckitt Benckiser Group'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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Reckitt Benckiser Group Gross Profit Chart

Reckitt Benckiser Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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10,193.97

11,337.37

10,207.45

10,183.92

11,088.61

Reckitt Benckiser Group 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															5,135.64	4,928.57	5,309.38	5,585.86	5,488.61

Competitive Comparison of Reckitt Benckiser Group's Gross Profit

For the Household & Personal Products subindustry, Reckitt Benckiser Group'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.

Reckitt Benckiser Group's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Reckitt Benckiser Group's Gross Profit falls into.

Reckitt Benckiser Group Gross Profit Calculation

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

Reckitt Benckiser Group'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
	=	18489.873	-	7401.265
	=	11,089

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

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	9064.557	-	3575.949
	=	5,489

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 $11,074 Mil.

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

Reckitt Benckiser Group'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
	=	5,489	/	9064.557
	=	60.55 %

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.

Reckitt Benckiser Group (OTCPK:RBGPF) 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

Reckitt Benckiser Group had a gross margin of 60.55% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Reckitt Benckiser Group Gross Profit Related Terms

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Reckitt Benckiser Group (Reckitt Benckiser Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Reckitt Benckiser Group PLC (OTCPK:RBGPF) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

RBGLY:USA RB:Mexico RKTl:UK RKT:UK 3RB:Germany

Address

103-105 Bath Road, Slough, Berkshire, GBR, SL1 3UH

Website

https://www.reckitt.com

Reckitt Benckiser was formed in 1999 through the merger of the British firm Reckitt & Colman and Dutch-based Benckiser. Recently rebranded under the corporate name Reckitt, it sells a portfolio that includes a variety of household and consumer health brands, such as Lysol, Finish, Durex, and Mucinex, many of which hold the number-one or -two positions in their categories globally. Reckitt has repositioned its portfolio and has entered the infant formula market through the acquisition of Mead Johnson in 2017, expanded its consumer health presence by acquiring Schiff Nutrition, K-Y, and Biofreeze, and has exited the food industry. The firm operates in 60 countries and sells products in more than 200, generating around 35% of sales from emerging markets.