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Wayfair (Wayfair) Gross Profit : $3,667 Mil (TTM As of Dec. 2023)


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What is Wayfair Gross Profit?

Wayfair's gross profit for the three months ended in Dec. 2023 was $944 Mil. Wayfair's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3,667 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wayfair's gross profit for the three months ended in Dec. 2023 was $944 Mil. Wayfair's Revenue for the three months ended in Dec. 2023 was $3,114 Mil. Therefore, Wayfair's Gross Margin % for the quarter that ended in Dec. 2023 was 30.31%.

Wayfair had a gross margin of 30.31% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 12 years, the highest Gross Margin % of Wayfair was 30.55%. The lowest was 23.41%. And the median was 23.97%.


Wayfair Gross Profit Historical Data

The historical data trend for Wayfair'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.

Wayfair Gross Profit Chart

Wayfair 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 2,147.00 4,112.00 3,895.00 3,416.00 3,667.00

Wayfair 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 893.00 821.00 985.00 917.00 944.00

Competitive Comparison of Wayfair's Gross Profit

For the Internet Retail subindustry, Wayfair'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.


Wayfair's Gross Profit Distribution in the Retail - Cyclical Industry

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

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



Wayfair Gross Profit Calculation

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

Wayfair'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
=12003 - 8336
=3,667

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3114 - 2170
=944

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 $3,667 Mil.

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

Wayfair'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
=944 / 3114
=30.31 %

* 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.


Wayfair  (NYSE:W) 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

Wayfair had a gross margin of 30.31% for the quarter that ended in Dec. 2023 => Competition eroding margins


Wayfair Gross Profit Related Terms

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Wayfair (Wayfair) Business Description

Traded in Other Exchanges
Address
4 Copley Place, Boston, MA, USA, 02116
Wayfair engages in e-commerce in the United States (86% of 2022 sales), Canada, the United Kingdom, Germany, and Ireland. At the end of 2022, the firm offered more than 40 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.
Executives
Niraj Shah director, 10 percent owner, officer: Chief Executive Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Steven Conine director, 10 percent owner, officer: Chief Technology Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Thomas Netzer officer: Chief Operating Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Jon Blotner officer: Chief Commercial Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Kate Gulliver officer: CFO and Chief Admin Officer 4 COPLEY PLACE, BOSTON MA 02116
Fiona Tan officer: Chief Technology Officer 41 DISCOVERY, IRVINE CA 92618
Anke Schaferkordt director C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Steve Oblak officer: SVP and GM, Wayfair.com C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Michael D Fleisher officer: Chief Financial Officer C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Michael W. Choe director C/O CHARLESBANK CAPITAL PARTNERS, 200 CLARENDON STREET, 54TH FLOOR, BOSTON MA 02109
James R. Miller director 4050 EAST COTTON CENTER BLVD. 6-68, PHOENIX AZ 85040
Jeremy King director C/O WAYFAIR LLC, 4 COPLEY PLACE, BOSTON MA 02116
Michael Andrew Kumin director, 10 percent owner C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
Edmond Macri officer: SVP, Marketing and Analytics C/O WAYFAIR INC., 4 COPLEY PLACE, BOSTON MA 02116
Michael E Sneed director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933