Albertsons's gross profit for the
three
months ended in Feb. 2024 was $5,144 Mil. Albertsons's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was $22,046 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Albertsons's gross profit for the
three
months ended in Feb. 2024 was $5,144 Mil. Albertsons's Revenue for the
three
months ended in Feb. 2024 was $18,340 Mil. Therefore, Albertsons's Gross Margin % for the quarter that ended in Feb. 2024 was 28.05%.
Albertsons had a gross margin of 28.05% for the quarter that ended in Feb. 2024 => Competition eroding margins
During the past 12 years, the highestGross Margin % of Albertsons was 29.29%. The lowest was 27.30%. And the median was 27.90%.
Albertsons Gross Profit Historical Data
The historical data trend for Albertsons'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.
Competitive Comparison of Albertsons's Gross Profit
For the Grocery Stores subindustry, Albertsons'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.
Albertsons's Gross Profit Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Albertsons's Gross Profit distribution charts can be found below:
* The bar in red indicates where Albertsons's Gross Profit falls into.
Albertsons Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Albertsons's Gross Profit for the fiscal year that ended in Feb. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $22,046 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Albertsons (NYSE:ACI) 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
Albertsons had a gross margin of 28.05% for the quarter that ended in Feb. 2024 => Competition eroding margins
Albertsons Gross Profit Related Terms
Thank you for viewing the detailed overview of Albertsons's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
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