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International Workplace Group (CHIX:IWGL) Gross Profit : £589 Mil (TTM As of Dec. 2023)


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What is International Workplace Group Gross Profit?

International Workplace Group's gross profit for the six months ended in Dec. 2023 was £292 Mil. International Workplace Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was £589 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. International Workplace Group's gross profit for the six months ended in Dec. 2023 was £292 Mil. International Workplace Group's Revenue for the six months ended in Dec. 2023 was £1,474 Mil. Therefore, International Workplace Group's Gross Margin % for the quarter that ended in Dec. 2023 was 19.81%.

International Workplace Group had a gross margin of 19.81% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of International Workplace Group was 22.86%. The lowest was 0.83%. And the median was 20.00%.


International Workplace Group Gross Profit Historical Data

The historical data trend for International Workplace 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.

* Premium members only.

International Workplace Group Gross Profit Chart

International Workplace Group 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 567.10 20.10 243.00 575.00 589.00

International Workplace 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 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 177.40 217.00 358.00 297.00 292.00

Competitive Comparison of International Workplace Group's Gross Profit

For the Real Estate Services subindustry, International Workplace 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.


International Workplace Group's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, International Workplace Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where International Workplace Group's Gross Profit falls into.



International Workplace Group Gross Profit Calculation

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

International Workplace 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
=2958 - 2369
=589

International Workplace 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
=1474 - 1182
=292

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 £589 Mil.

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

International Workplace 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
=292 / 1474
=19.81 %

* 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.


International Workplace Group  (CHIX:IWGl) 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

International Workplace Group had a gross margin of 19.81% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


International Workplace Group Gross Profit Related Terms

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International Workplace Group (CHIX:IWGL) Business Description

Traded in Other Exchanges
Address
Dammstrasse 19, Zug, CHE, CH-6300
IWG PLC owns a network of business centers that are leased to a variety of business customers and offer flexible workspace options. It owns and operates brands like Regus, Spaces, Signature, HQ, and No 18. The company operates in four principal geographical segments: the Americas; Europe, the Middle East, and Africa; Asia-Pacific; and the United Kingdom. The Americas segment generates the majority proportion of revenue.

International Workplace Group (CHIX:IWGL) Headlines

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