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Orora (ASX:ORA) Gross Profit : A$789 Mil (TTM As of Dec. 2023)


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What is Orora Gross Profit?

Orora's gross profit for the six months ended in Dec. 2023 was A$415 Mil. Orora's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$789 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Orora's gross profit for the six months ended in Dec. 2023 was A$415 Mil. Orora's Revenue for the six months ended in Dec. 2023 was A$2,139 Mil. Therefore, Orora's Gross Margin % for the quarter that ended in Dec. 2023 was 19.41%.

Orora had a gross margin of 19.41% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Orora was 19.12%. The lowest was 16.68%. And the median was 18.68%.


Orora Gross Profit Historical Data

The historical data trend for Orora'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.

Orora Gross Profit Chart

Orora Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 877.40 653.50 674.20 772.80 799.80

Orora 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 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 380.60 392.20 425.50 374.30 415.10

Competitive Comparison of Orora's Gross Profit

For the Packaging & Containers subindustry, Orora'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.


Orora's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Orora's Gross Profit distribution charts can be found below:

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



Orora Gross Profit Calculation

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

Orora's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=4291.3 - 3491.5
=800

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2139.1 - 1724
=415

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 A$789 Mil.

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

Orora'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
=415 / 2139.1
=19.41 %

* 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.


Orora  (ASX:ORA) 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

Orora had a gross margin of 19.41% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Orora Gross Profit Related Terms

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Orora (ASX:ORA) Business Description

Traded in Other Exchanges
Address
109-133 Burwood Road, Hawthorn, Melbourne, VIC, AUS, 3122
Orora Ltd was created in late 2013 when Amcor demerged its Australasian fibre and beverage packaging operations and North American packaging distribution business. Orora's Australasian business is focused on glass bottles, beverage cans, and wine closures, after agreeing to divest its fibre business in late 2019. Orora has the number-one position in beverage cans and number-two position in glass bottles and wine closures. Its primary competitors are Visy Group and Owens-Illinois. The North American business is focused on packaging distribution, but has also expanded into point-of-purchase retail display solutions.