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Hexagon Purus ASA (OSL:HPUR) Gross Profit : kr631 Mil (TTM As of Mar. 2024)


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What is Hexagon Purus ASA Gross Profit?

Hexagon Purus ASA's gross profit for the three months ended in Mar. 2024 was kr186 Mil. Hexagon Purus ASA's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr631 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hexagon Purus ASA's gross profit for the three months ended in Mar. 2024 was kr186 Mil. Hexagon Purus ASA's Revenue for the three months ended in Mar. 2024 was kr407 Mil. Therefore, Hexagon Purus ASA's Gross Margin % for the quarter that ended in Mar. 2024 was 45.78%.

Hexagon Purus ASA had a gross margin of 45.78% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Hexagon Purus ASA was 51.32%. The lowest was 35.83%. And the median was 38.61%.


Hexagon Purus ASA Gross Profit Historical Data

The historical data trend for Hexagon Purus ASA'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.

Hexagon Purus ASA Gross Profit Chart

Hexagon Purus ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 78.92 91.40 181.23 370.11 534.97

Hexagon Purus ASA Quarterly Data
Jun19 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 87.51 148.31 144.33 152.55 186.23

Competitive Comparison of Hexagon Purus ASA's Gross Profit

For the Industrial Distribution subindustry, Hexagon Purus ASA'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.


Hexagon Purus ASA's Gross Profit Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hexagon Purus ASA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hexagon Purus ASA's Gross Profit falls into.



Hexagon Purus ASA Gross Profit Calculation

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

Hexagon Purus ASA'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
=1311.811 - 776.841
=535

Hexagon Purus ASA's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=406.816 - 220.589
=186

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 kr631 Mil.

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

Hexagon Purus ASA'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
=186 / 406.816
=45.78 %

* 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.


Hexagon Purus ASA  (OSL:HPUR) 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

Hexagon Purus ASA had a gross margin of 45.78% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Hexagon Purus ASA Gross Profit Related Terms

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Hexagon Purus ASA (OSL:HPUR) Business Description

Traded in Other Exchanges
Address
Korsegata 4B, Alesund, NOR, NO-6002
Hexagon Purus ASA is a provider of Hydrogen Type 4 high-pressure cylinders, complete vehicle systems and battery packs for fuel cell electric and battery electric vehicles including hybrid mobility applications on light, medium and heavy-duty vehicles, buses, marine, rail, and aerospace. The company has its geographic presence in Norway, Europe, North America and Others.

Hexagon Purus ASA (OSL:HPUR) Headlines

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