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Johnson Matthey (Johnson Matthey) Gross Profit : $1,163 Mil (TTM As of Mar. 2024)


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What is Johnson Matthey Gross Profit?

Johnson Matthey's gross profit for the six months ended in Mar. 2024 was $610 Mil. Johnson Matthey's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,163 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Johnson Matthey's gross profit for the six months ended in Mar. 2024 was $610 Mil. Johnson Matthey's Revenue for the six months ended in Mar. 2024 was $8,020 Mil. Therefore, Johnson Matthey's Gross Margin % for the quarter that ended in Mar. 2024 was 7.60%.

Johnson Matthey had a gross margin of 7.60% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Johnson Matthey was 9.46%. The lowest was 6.18%. And the median was 7.16%.

Warning Sign:

Johnson Matthey PLC gross margin has been in long-term decline. The average rate of decline per year is -3.9%.


Johnson Matthey Gross Profit Historical Data

The historical data trend for Johnson Matthey'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.

Johnson Matthey Gross Profit Chart

Johnson Matthey Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,238.86 1,323.16 1,388.67 1,206.31 1,177.89

Johnson Matthey Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 685.11 551.53 615.29 553.22 609.91

Competitive Comparison of Johnson Matthey's Gross Profit

For the Specialty Chemicals subindustry, Johnson Matthey'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.


Johnson Matthey's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Johnson Matthey's Gross Profit distribution charts can be found below:

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



Johnson Matthey Gross Profit Calculation

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

Johnson Matthey's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=16318.933 - 15141.042
=1,178

Johnson Matthey's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=8020.33 - 7410.419
=610

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,163 Mil.

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

Johnson Matthey's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=610 / 8020.33
=7.60 %

* 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.


Johnson Matthey  (OTCPK:JMPLF) 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

Johnson Matthey had a gross margin of 7.60% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Johnson Matthey Gross Profit Related Terms

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Johnson Matthey (Johnson Matthey) Business Description

Traded in Other Exchanges
Address
25 Farringdon Street, 5th Floor, London, GBR, EC4A 4AB
Based in the U.K., Johnson Matthey is a global leader in production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals and oil and gas sectors, and a variety of other industrial products derived from platinum-group metals. The company is seeking to be a leader in hydrogen technologies.