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Logitech International (Logitech International) Gross Profit : $1,778 Mil (TTM As of Mar. 2024)


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What is Logitech International Gross Profit?

Logitech International's gross profit for the three months ended in Mar. 2024 was $437 Mil. Logitech International's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,778 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Logitech International's gross profit for the three months ended in Mar. 2024 was $437 Mil. Logitech International's Revenue for the three months ended in Mar. 2024 was $1,011 Mil. Therefore, Logitech International's Gross Margin % for the quarter that ended in Mar. 2024 was 43.20%.

Logitech International had a gross margin of 43.20% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Logitech International was 44.47%. The lowest was 33.75%. And the median was 37.46%.


Logitech International Gross Profit Historical Data

The historical data trend for Logitech International'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.

Logitech International Gross Profit Chart

Logitech International 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 1,122.38 2,335.74 2,263.01 1,719.52 1,778.02

Logitech International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 343.86 375.64 438.62 526.78 436.98

Competitive Comparison of Logitech International's Gross Profit

For the Computer Hardware subindustry, Logitech International'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.


Logitech International's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Logitech International's Gross Profit distribution charts can be found below:

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



Logitech International Gross Profit Calculation

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

Logitech International'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
=4298.467 - 2520.446
=1,778

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1011.487 - 574.51
=437

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,778 Mil.

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

Logitech International'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
=437 / 1011.487
=43.20 %

* 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.


Logitech International  (NAS:LOGI) 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

Logitech International had a gross margin of 43.20% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Logitech International Gross Profit Related Terms

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Logitech International (Logitech International) Business Description

Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.
Executives
Samantha Harnett officer: General Counsel 1836 CLEMENS ROAD, OAKLAND CA 94602
Charles D Boynton officer: Chief Financial Officer
Prakash Arunkundrum officer: Head of Global Operations C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Kwok Wang Ng director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Sascha Zahnd director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Christopher Richardson Jones director 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Patrick Aebischer director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Nathan Olmstead officer: Principal Accounting Officer C/O LOGITECH INC., 7700 GATEWAY BOULEVARD, NEWARK CA 94560
Riet Cadonau director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Bracken Darrell officer: President 2000 M-63N, BENTON HARBOR MI 49022
Didier Hirsch director 5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Neela Montgomery director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Deborah Thomas director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Guy Gecht director
Michael B Polk director 100 DEFOREST AVE, EAST HANOVER NJ 07936