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Smurfit Kappa Group (FRA:SK3) Gross Profit : €3,787 Mil (TTM As of Dec. 2023)


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What is Smurfit Kappa Group Gross Profit?

Smurfit Kappa Group's gross profit for the six months ended in Dec. 2023 was €1,831 Mil. Smurfit Kappa Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €3,787 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Smurfit Kappa Group's gross profit for the six months ended in Dec. 2023 was €1,831 Mil. Smurfit Kappa Group's Revenue for the six months ended in Dec. 2023 was €5,435 Mil. Therefore, Smurfit Kappa Group's Gross Margin % for the quarter that ended in Dec. 2023 was 33.69%.

Smurfit Kappa Group had a gross margin of 33.69% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Smurfit Kappa Group was 33.69%. The lowest was 29.48%. And the median was 31.15%.


Smurfit Kappa Group Gross Profit Historical Data

The historical data trend for Smurfit Kappa 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.

Smurfit Kappa Group Gross Profit Chart

Smurfit Kappa Group 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 3,005.00 2,874.00 3,092.00 4,063.00 3,787.00

Smurfit Kappa Group 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 1,639.00 2,002.00 2,061.00 1,956.00 1,831.00

Competitive Comparison of Smurfit Kappa Group's Gross Profit

For the Packaging & Containers subindustry, Smurfit Kappa 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.


Smurfit Kappa Group's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit Kappa Group's Gross Profit distribution charts can be found below:

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



Smurfit Kappa Group Gross Profit Calculation

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

Smurfit Kappa Group'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
=11272 - 7485
=3,787

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5435 - 3604
=1,831

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 €3,787 Mil.

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

Smurfit Kappa Group'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
=1,831 / 5435
=33.69 %

* 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.


Smurfit Kappa Group  (FRA:SK3) 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

Smurfit Kappa Group had a gross margin of 33.69% for the quarter that ended in Dec. 2023 => Competition eroding margins


Smurfit Kappa Group Gross Profit Related Terms

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Smurfit Kappa Group (FRA:SK3) Business Description

Address
Beech Hill, Clonskeagh, Dublin 4, IRL, D04 N2R2
Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.

Smurfit Kappa Group (FRA:SK3) Headlines

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