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Alibaba Group Holding (Alibaba Group Holding) Gross Profit : $49,137 Mil (TTM As of Dec. 2023)


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What is Alibaba Group Holding Gross Profit?

Alibaba Group Holding's gross profit for the three months ended in Dec. 2023 was $14,584 Mil. Alibaba Group Holding's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $49,137 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Alibaba Group Holding's gross profit for the three months ended in Dec. 2023 was $14,584 Mil. Alibaba Group Holding's Revenue for the three months ended in Dec. 2023 was $36,462 Mil. Therefore, Alibaba Group Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 40.00%.

Alibaba Group Holding had a gross margin of 40.00% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Alibaba Group Holding was 74.54%. The lowest was 36.72%. And the median was 51.16%.

Warning Sign:

Alibaba Group Holding Ltd gross margin has been in long-term decline. The average rate of decline per year is -8%.


Alibaba Group Holding Gross Profit Historical Data

The historical data trend for Alibaba Group Holding'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.

Alibaba Group Holding Gross Profit Chart

Alibaba Group Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,315.48 32,382.88 45,475.13 49,429.75 46,291.78

Alibaba Group Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14,021.11 10,067.92 12,819.98 11,664.45 14,584.19

Competitive Comparison of Alibaba Group Holding's Gross Profit

For the Internet Retail subindustry, Alibaba Group Holding'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.


Alibaba Group Holding's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alibaba Group Holding's Gross Profit distribution charts can be found below:

* The bar in red indicates where Alibaba Group Holding's Gross Profit falls into.



Alibaba Group Holding Gross Profit Calculation

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

Alibaba Group Holding's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=126062.924 - 79771.148
=46,292

Alibaba Group Holding's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=36462.284 - 21878.099
=14,584

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $49,137 Mil.

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

Alibaba Group Holding's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=14,584 / 36462.284
=40.00 %

* 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.


Alibaba Group Holding  (NYSE:BABA) 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

Alibaba Group Holding had a gross margin of 40.00% for the quarter that ended in Dec. 2023 => Competition eroding margins


Alibaba Group Holding Gross Profit Related Terms

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Alibaba Group Holding (Alibaba Group Holding) Business Description

Address
1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, HKG
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 8.3 trillion for the fiscal year ended March 2022). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 67% of revenue in the year ended March 2022. Additional revenue sources include China commerce wholesale (2%), international commerce retail/wholesale (5%/2%), local consumer services (5%), cloud computing (9%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%).