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StoneX Group (FRA:I4F) Gross Profit : €1,672 Mil (TTM As of Mar. 2024)


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What is StoneX Group Gross Profit?

StoneX Group's gross profit for the three months ended in Mar. 2024 was €456 Mil. StoneX Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €1,672 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. StoneX Group's gross profit for the three months ended in Mar. 2024 was €456 Mil. StoneX Group's Revenue for the three months ended in Mar. 2024 was €20,338 Mil. Therefore, StoneX Group's Gross Margin % for the quarter that ended in Mar. 2024 was 2.24%.

StoneX Group had a gross margin of 2.24% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of StoneX Group was 2.65%. The lowest was 0.38%. And the median was 1.22%.


StoneX Group Gross Profit Historical Data

The historical data trend for StoneX Group'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.

StoneX Group Gross Profit Chart

StoneX Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 376.64 383.66 476.26 868.10 1,508.38

StoneX Group 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 374.16 428.83 354.00 433.28 456.23

Competitive Comparison of StoneX Group's Gross Profit

For the Capital Markets subindustry, StoneX Group'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.


StoneX Group's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, StoneX Group's Gross Profit distribution charts can be found below:

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



StoneX Group Gross Profit Calculation

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

StoneX Group's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=57022.166 - 55513.783
=1,508

StoneX Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=20337.612 - 19881.384
=456

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,672 Mil.

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

StoneX Group's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=456 / 20337.612
=2.24 %

* 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.


StoneX Group  (FRA:I4F) 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

StoneX Group had a gross margin of 2.24% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


StoneX Group Gross Profit Related Terms

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StoneX Group (FRA:I4F) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 10th Floor, New York, NY, USA, 10169
StoneX Group Inc is a Global brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, Global payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: commercial, Institutional, Retail, and Global Payments. Its customers include governmental and nongovernmental organizations, and commercial banks, brokers, institutional investors, and investment banks. The company operates in United States, South America, Europe, Middle East and Asia and other countries, out of which majority revenue is generates from Middle East and Asia Region.

StoneX Group (FRA:I4F) Headlines

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