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RHI Magnesita NV (FRA:RHF) Gross Profit : €857 Mil (TTM As of Dec. 2023)


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What is RHI Magnesita NV Gross Profit?

RHI Magnesita NV's gross profit for the six months ended in Dec. 2023 was €443 Mil. RHI Magnesita NV's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €857 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RHI Magnesita NV's gross profit for the six months ended in Dec. 2023 was €443 Mil. RHI Magnesita NV's Revenue for the six months ended in Dec. 2023 was €1,838 Mil. Therefore, RHI Magnesita NV's Gross Margin % for the quarter that ended in Dec. 2023 was 24.12%.

RHI Magnesita NV had a gross margin of 24.12% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of RHI Magnesita NV was 24.54%. The lowest was 20.86%. And the median was 23.46%.


RHI Magnesita NV Gross Profit Historical Data

The historical data trend for RHI Magnesita NV'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.

RHI Magnesita NV Gross Profit Chart

RHI Magnesita NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 717.20 550.10 583.50 763.40 857.40

RHI Magnesita NV Semi-Annual Data
Dec16 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 311.90 373.40 390.00 414.10 443.30

Competitive Comparison of RHI Magnesita NV's Gross Profit

For the Metal Fabrication subindustry, RHI Magnesita NV'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.


RHI Magnesita NV's Gross Profit Distribution in the Industrial Products Industry

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

* The bar in red indicates where RHI Magnesita NV's Gross Profit falls into.



RHI Magnesita NV Gross Profit Calculation

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

RHI Magnesita NV'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
=3571.8 - 2714.4
=857

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1837.7 - 1394.4
=443

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 €857 Mil.

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

RHI Magnesita NV'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
=443 / 1837.7
=24.12 %

* 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.


RHI Magnesita NV  (FRA:RHF) 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

RHI Magnesita NV had a gross margin of 24.12% for the quarter that ended in Dec. 2023 => Competition eroding margins


RHI Magnesita NV Gross Profit Related Terms

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RHI Magnesita NV (FRA:RHF) Business Description

Traded in Other Exchanges
Address
Kranichberggasse 6, Vienna, AUT, 1120
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

RHI Magnesita NV (FRA:RHF) Headlines

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