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Teixeira Duarte (STU:TXC2) Gross Profit : €555.5 Mil (TTM As of Dec. 2023)


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What is Teixeira Duarte Gross Profit?

Teixeira Duarte's gross profit for the six months ended in Dec. 2023 was €277.5 Mil. Teixeira Duarte's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €555.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Teixeira Duarte's gross profit for the six months ended in Dec. 2023 was €277.5 Mil. Teixeira Duarte's Revenue for the six months ended in Dec. 2023 was €392.5 Mil. Therefore, Teixeira Duarte's Gross Margin % for the quarter that ended in Dec. 2023 was 70.70%.

Teixeira Duarte had a gross margin of 70.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Teixeira Duarte was 74.72%. The lowest was 60.45%. And the median was 68.91%.


Teixeira Duarte Gross Profit Historical Data

The historical data trend for Teixeira Duarte'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.

Teixeira Duarte Gross Profit Chart

Teixeira Duarte 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 655.70 422.27 360.51 571.01 555.45

Teixeira Duarte 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 174.12 266.67 304.33 277.96 277.49

Competitive Comparison of Teixeira Duarte's Gross Profit

For the Engineering & Construction subindustry, Teixeira Duarte'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.


Teixeira Duarte's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Teixeira Duarte's Gross Profit distribution charts can be found below:

* The bar in red indicates where Teixeira Duarte's Gross Profit falls into.



Teixeira Duarte Gross Profit Calculation

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

Teixeira Duarte'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
=767.249 - 211.799
=555.5

Teixeira Duarte's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=392.474 - 114.983
=277.5

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 €555.5 Mil.

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

Teixeira Duarte'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
=277.5 / 392.474
=70.70 %

* 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.


Teixeira Duarte  (STU:TXC2) 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

Teixeira Duarte had a gross margin of 70.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Teixeira Duarte Gross Profit Related Terms

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Teixeira Duarte (STU:TXC2) Business Description

Traded in Other Exchanges
Address
Lagoas Park, Edificio 2, Porto Salvo, Oeiras, PRT, 2740-265
Teixeira Duarte SA is engaged in the business of the undertaking and management of investments, the coordination and supervision of other companies included in or related to its corporate group, operating in areas of strategic and organizational planning as well as the provision of administrative, and management, consulting, operational assistance in terms of human resources, technical and financial services in which the company has the stake. The firm has in construction, concessions and services, real estate, hospitality, distribution and automotive business sectors. The company operates in Portugal, Angola, Algeria, Brazil, Spain, France, Morocco, Mozambique, and Venezuela.

Teixeira Duarte (STU:TXC2) Headlines

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