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ISS AS (OCSE:ISS) Gross Profit : kr73,260 Mil (TTM As of Jun. 2024)


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What is ISS AS Gross Profit?

ISS AS's gross profit for the six months ended in Jun. 2024 was kr36,882 Mil. ISS AS's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was kr73,260 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ISS AS's gross profit for the six months ended in Jun. 2024 was kr36,882 Mil. ISS AS's Revenue for the six months ended in Jun. 2024 was kr40,681 Mil. Therefore, ISS AS's Gross Margin % for the quarter that ended in Jun. 2024 was 90.66%.

ISS AS had a gross margin of 90.66% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of ISS AS was 92.97%. The lowest was 90.28%. And the median was 91.29%.


ISS AS Gross Profit Historical Data

The historical data trend for ISS AS'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.

ISS AS Gross Profit Chart

ISS AS 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 70,145.00 65,001.00 66,343.00 67,353.00 71,200.00

ISS AS 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 33,935.00 33,418.00 34,822.00 36,378.00 36,882.00

Competitive Comparison of ISS AS's Gross Profit

For the Specialty Business Services subindustry, ISS AS'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.


ISS AS's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ISS AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where ISS AS's Gross Profit falls into.



ISS AS Gross Profit Calculation

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

ISS AS'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
=78681 - 7481
=71,200

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

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=40681 - 3799
=36,882

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 kr73,260 Mil.

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

ISS AS'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
=36,882 / 40681
=90.66 %

* 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.


ISS AS  (OCSE:ISS) 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

ISS AS had a gross margin of 90.66% for the quarter that ended in Jun. 2024 => Durable competitive advantage


ISS AS Gross Profit Related Terms

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ISS AS Business Description

Traded in Other Exchanges
Address
Buddingevej 197, Soborg, DNK, DK-2860
ISS AS is a provider of workplace and facility service solutions with a focus on cleaning, property, catering, support, security, and facility management. It has three segments; office-based, production-based, and healthcare. Its core services offering to customers consist of cleaning, food, technical, and workplace services. Revenue is mainly generated in European end markets, with the majority earned in the United Kingdom.

ISS AS Headlines

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