GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Movida Participacoes SA (BSP:MOVI3) » Definitions » Gross Profit

Movida Participacoes (BSP:MOVI3) Gross Profit : R$4,933 Mil (TTM As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Movida Participacoes Gross Profit?

Movida Participacoes's gross profit for the three months ended in Dec. 2023 was R$247 Mil. Movida Participacoes's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was R$4,933 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Movida Participacoes's gross profit for the three months ended in Dec. 2023 was R$247 Mil. Movida Participacoes's Revenue for the three months ended in Dec. 2023 was R$2,493 Mil. Therefore, Movida Participacoes's Gross Margin % for the quarter that ended in Dec. 2023 was 9.92%.

Movida Participacoes had a gross margin of 9.92% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Movida Participacoes was 46.28%. The lowest was 21.19%. And the median was 26.13%.


Movida Participacoes Gross Profit Historical Data

The historical data trend for Movida Participacoes'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.

Movida Participacoes Gross Profit Chart

Movida Participacoes 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 939.61 865.48 2,386.55 3,605.55 2,768.52

Movida Participacoes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 857.02 858.00 806.22 247.29 3,021.60

Competitive Comparison of Movida Participacoes's Gross Profit

For the Rental & Leasing Services subindustry, Movida Participacoes'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.


Movida Participacoes's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Gross Profit distribution charts can be found below:

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



Movida Participacoes Gross Profit Calculation

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

Movida Participacoes'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
=10342.015 - 7573.494
=2,769

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2493.445 - 2246.16
=247

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 R$4,933 Mil.

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

Movida Participacoes'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
=247 / 2493.445
=9.92 %

* 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.


Movida Participacoes  (BSP:MOVI3) 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

Movida Participacoes had a gross margin of 9.92% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Movida Participacoes Gross Profit Related Terms

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


Movida Participacoes (BSP:MOVI3) Business Description

Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes (BSP:MOVI3) Headlines

No Headlines