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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Gross-Profit-to-Asset % : 61.79% (As of Dec. 2023)


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What is Spirax-Sarco Engineering Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Spirax-Sarco Engineering's annualized Gross Profit for the quarter that ended in Dec. 2023 was $2,106 Mil. Spirax-Sarco Engineering's average Total Assets over the quarter that ended in Dec. 2023 was $3,408 Mil. Therefore, Spirax-Sarco Engineering's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 61.79%.


Spirax-Sarco Engineering Gross-Profit-to-Asset % Historical Data

The historical data trend for Spirax-Sarco Engineering's Gross-Profit-to-Asset % 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.

Spirax-Sarco Engineering Gross-Profit-to-Asset % Chart

Spirax-Sarco Engineering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.15 50.95 57.39 50.86 47.52

Spirax-Sarco Engineering 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-to-Asset % 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 75.74 73.57 70.62 63.37 61.79

Competitive Comparison of Spirax-Sarco Engineering's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, Spirax-Sarco Engineering's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Spirax-Sarco Engineering's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spirax-Sarco Engineering's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Spirax-Sarco Engineering's Gross-Profit-to-Asset % falls into.



Spirax-Sarco Engineering Gross-Profit-to-Asset % Calculation

Spirax-Sarco Engineering's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1620.38/( (3392.083+3428.354)/ 2 )
=1620.38/3410.2185
=47.52 %

Spirax-Sarco Engineering's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2105.822/( (3388.258+3428.354)/ 2 )
=2105.822/3408.306
=61.79 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

Traded in Other Exchanges
Address
Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER
Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines