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Phoenix Mecano AG (XSWX:PMN) Gross Profit : CHF362.4 Mil (TTM As of Jun. 2024)


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What is Phoenix Mecano AG Gross Profit?

Phoenix Mecano AG's gross profit for the six months ended in Jun. 2024 was CHF182.3 Mil. Phoenix Mecano AG's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was CHF362.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Phoenix Mecano AG's gross profit for the six months ended in Jun. 2024 was CHF182.3 Mil. Phoenix Mecano AG's Revenue for the six months ended in Jun. 2024 was CHF367.6 Mil. Therefore, Phoenix Mecano AG's Gross Margin % for the quarter that ended in Jun. 2024 was 49.59%.

Phoenix Mecano AG had a gross margin of 49.59% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Phoenix Mecano AG was 55.68%. The lowest was 45.10%. And the median was 52.23%.


Phoenix Mecano AG Gross Profit Historical Data

The historical data trend for Phoenix Mecano AG'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.

Phoenix Mecano AG Gross Profit Chart

Phoenix Mecano AG 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 372.17 351.25 379.94 392.36 376.26

Phoenix Mecano AG 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 204.81 195.28 202.91 180.11 182.32

Competitive Comparison of Phoenix Mecano AG's Gross Profit

For the Specialty Industrial Machinery subindustry, Phoenix Mecano AG'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.


Phoenix Mecano AG's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phoenix Mecano AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where Phoenix Mecano AG's Gross Profit falls into.



Phoenix Mecano AG Gross Profit Calculation

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

Phoenix Mecano AG'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
=731.346 - 355.082
=376.3

Phoenix Mecano AG's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=367.622 - 185.302
=182.3

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 CHF362.4 Mil.

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

Phoenix Mecano AG'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
=182.3 / 367.622
=49.59 %

* 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.


Phoenix Mecano AG  (XSWX:PMN) 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

Phoenix Mecano AG had a gross margin of 49.59% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Phoenix Mecano AG Gross Profit Related Terms

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Phoenix Mecano AG Business Description

Traded in Other Exchanges
Address
Hofwisenstrasse 6, Stein am Rhein, CHE, CH-8260
Phoenix Mecano AG is a technology company that manufactures and develops enclosures, mechanical components, and electronic components (ELCOM). It has three operating segments. Enclosures Systems are made of aluminium, plastic and glass-fibre reinforced polyester, machine control boards and suspension systems for protecting electronics; Industrial Components segment includes Aluminium profiles, pipe connection systems, conveyor components, linear units, electric cylinders, lifting columns, switches, plug connectors, and others; DewertOkin Technology Group includes fittings technology for industry and electrically adjustable furniture for the home and hospital care sectors. Geographically, it has operations in Switzerland, Germany, the UK, France, Italy, the Netherlands, and other areas.