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Air Liquide (XPAR:AI) Gross Profit : €16,461 Mil (TTM As of Dec. 2023)


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What is Air Liquide Gross Profit?

Air Liquide's gross profit for the six months ended in Dec. 2023 was €8,217 Mil. Air Liquide's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €16,461 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Air Liquide's gross profit for the six months ended in Dec. 2023 was €8,217 Mil. Air Liquide's Revenue for the six months ended in Dec. 2023 was €13,627 Mil. Therefore, Air Liquide's Gross Margin % for the quarter that ended in Dec. 2023 was 60.30%.

Air Liquide had a gross margin of 60.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Air Liquide was 64.86%. The lowest was 53.86%. And the median was 61.48%.

Warning Sign:

Air Liquide SA gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Air Liquide Gross Profit Historical Data

The historical data trend for Air Liquide'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.

Air Liquide Gross Profit Chart

Air Liquide 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 13,766.20 13,287.50 13,946.10 16,121.00 16,460.80

Air Liquide Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 7,179.00 7,690.90 8,430.10 8,243.50 8,217.30

Competitive Comparison of Air Liquide's Gross Profit

For the Specialty Chemicals subindustry, Air Liquide'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.


Air Liquide's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Air Liquide's Gross Profit distribution charts can be found below:

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



Air Liquide Gross Profit Calculation

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

Air Liquide'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
=27607.6 - 11146.8
=16,461

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=13627.3 - 5410
=8,217

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €16,461 Mil.

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

Air Liquide'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
=8,217 / 13627.3
=60.30 %

* 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.


Air Liquide  (XPAR:AI) 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

Air Liquide had a gross margin of 60.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Air Liquide Gross Profit Related Terms

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Air Liquide (XPAR:AI) Business Description

Address
75, Quai d'Orsay, Paris, FRA, 75007
Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 29.9 billion of revenue in 2022, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. The healthcare division serves around 1.8 million patients and 15,000 hospitals and clinics annually. Air Liquide employs approximately 65,000 people.