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Whitehaven Coal (ASX:WHC) Gross Profit : A$3,824 Mil (TTM As of Jun. 2024)


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What is Whitehaven Coal Gross Profit?

Whitehaven Coal's gross profit for the six months ended in Jun. 2024 was A$2,330 Mil. Whitehaven Coal's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was A$3,824 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Whitehaven Coal's gross profit for the six months ended in Jun. 2024 was A$2,330 Mil. Whitehaven Coal's Revenue for the six months ended in Jun. 2024 was A$2,235 Mil. Therefore, Whitehaven Coal's Gross Margin % for the quarter that ended in Jun. 2024 was 104.25%.

Whitehaven Coal had a gross margin of 104.25% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Whitehaven Coal Gross Profit Historical Data

The historical data trend for Whitehaven Coal'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.

Whitehaven Coal Gross Profit Chart

Whitehaven Coal Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,721.61 1,556.98 4,920.10 6,064.74 3,824.00

Whitehaven Coal Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 3,671.69 3,552.20 2,512.54 1,494.39 2,329.61

Competitive Comparison of Whitehaven Coal's Gross Profit

For the Thermal Coal subindustry, Whitehaven Coal'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.


Whitehaven Coal's Gross Profit Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Whitehaven Coal's Gross Profit distribution charts can be found below:

* The bar in red indicates where Whitehaven Coal's Gross Profit falls into.



Whitehaven Coal Gross Profit Calculation

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

Whitehaven Coal's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=3824 - 0
=3,824

Whitehaven Coal's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=2234.662 - -94.945
=2,330

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$3,824 Mil.

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

Whitehaven Coal's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,330 / 2234.662
=104.25 %

* 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.


Whitehaven Coal  (ASX:WHC) 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

Whitehaven Coal had a gross margin of 104.25% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Whitehaven Coal Gross Profit Related Terms

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Whitehaven Coal Business Description

Traded in Other Exchanges
Address
259 George Street, Level 28, Sydney, NSW, AUS, 2000
Whitehaven Coal is a large Australian independent thermal and metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also bought Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi in April 2024. In addition, it owns the large Vickery and Winchester South deposits in New South Wales and Queensland, respectively. Coal is railed to ports in Newcastle and Queensland for export to Asian customers. Along with expanded production at Maules Creek and Narrabri, we expect its share of salable coal production to approach 32 million metric tons from fiscal 2029, from about 13 million in fiscal 2023. Initial development of Vickery will see around 1 million metric tons of extra equity production, with potential expansion to 7 million metric tons.

Whitehaven Coal Headlines

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