GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sika AG (XSWX:SIKA) » Definitions » Gross Profit

Sika AG (XSWX:SIKA) Gross Profit : CHF6,025 Mil (TTM As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Sika AG Gross Profit?

Sika AG's gross profit for the six months ended in Dec. 2023 was CHF3,208 Mil. Sika AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was CHF6,025 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sika AG's gross profit for the six months ended in Dec. 2023 was CHF3,208 Mil. Sika AG's Revenue for the six months ended in Dec. 2023 was CHF5,893 Mil. Therefore, Sika AG's Gross Margin % for the quarter that ended in Dec. 2023 was 54.43%.

Sika AG had a gross margin of 54.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Sika AG was 55.35%. The lowest was 49.37%. And the median was 53.59%.


Sika AG Gross Profit Historical Data

The historical data trend for Sika 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.

Sika AG Gross Profit Chart

Sika 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 4,344.00 4,314.80 4,791.30 5,179.80 6,024.80

Sika AG 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 2,418.50 2,592.20 2,587.60 2,817.00 3,207.80

Competitive Comparison of Sika AG's Gross Profit

For the Specialty Chemicals subindustry, Sika 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.


Sika AG's Gross Profit Distribution in the Chemicals Industry

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

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



Sika AG Gross Profit Calculation

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

Sika 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
=11238.6 - 5213.8
=6,025

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5893.1 - 2685.3
=3,208

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 CHF6,025 Mil.

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

Sika AG'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
=3,208 / 5893.1
=54.43 %

* 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.


Sika AG  (XSWX:SIKA) 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

Sika AG had a gross margin of 54.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Sika AG Gross Profit Related Terms

Thank you for viewing the detailed overview of Sika AG's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Sika AG (XSWX:SIKA) Business Description

Address
Zugerstrasse 50, Baar, CHE, 6340
Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.

Sika AG (XSWX:SIKA) Headlines

No Headlines