GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Abbott Laboratories (Pakistan) Ltd (KAR:ABOT) » Definitions » Gross Profit

Abbott Laboratories (Pakistan) (KAR:ABOT) Gross Profit : ₨13,092 Mil (TTM As of Mar. 2024)


View and export this data going back to 1982. Start your Free Trial

What is Abbott Laboratories (Pakistan) Gross Profit?

Abbott Laboratories (Pakistan)'s gross profit for the three months ended in Mar. 2024 was ₨4,451 Mil. Abbott Laboratories (Pakistan)'s gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₨13,092 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Abbott Laboratories (Pakistan)'s gross profit for the three months ended in Mar. 2024 was ₨4,451 Mil. Abbott Laboratories (Pakistan)'s Revenue for the three months ended in Mar. 2024 was ₨16,029 Mil. Therefore, Abbott Laboratories (Pakistan)'s Gross Margin % for the quarter that ended in Mar. 2024 was 27.77%.

Abbott Laboratories (Pakistan) had a gross margin of 27.77% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Abbott Laboratories (Pakistan) was 40.05%. The lowest was 21.36%. And the median was 35.67%.

Warning Sign:

Abbott Laboratories (Pakistan) Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.4%.


Abbott Laboratories (Pakistan) Gross Profit Historical Data

The historical data trend for Abbott Laboratories (Pakistan)'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.

Abbott Laboratories (Pakistan) Gross Profit Chart

Abbott Laboratories (Pakistan) 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 8,527.74 11,846.16 16,075.27 14,525.96 11,848.47

Abbott Laboratories (Pakistan) 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 3,207.31 2,597.73 2,509.77 3,533.66 4,450.80

Competitive Comparison of Abbott Laboratories (Pakistan)'s Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Abbott Laboratories (Pakistan)'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.


Abbott Laboratories (Pakistan)'s Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Abbott Laboratories (Pakistan)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Abbott Laboratories (Pakistan)'s Gross Profit falls into.



Abbott Laboratories (Pakistan) Gross Profit Calculation

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

Abbott Laboratories (Pakistan)'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
=55475.27 - 43626.803
=11,848

Abbott Laboratories (Pakistan)'s Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=16028.928 - 11578.125
=4,451

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 ₨13,092 Mil.

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

Abbott Laboratories (Pakistan)'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
=4,451 / 16028.928
=27.77 %

* 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.


Abbott Laboratories (Pakistan)  (KAR:ABOT) 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

Abbott Laboratories (Pakistan) had a gross margin of 27.77% for the quarter that ended in Mar. 2024 => Competition eroding margins


Abbott Laboratories (Pakistan) Gross Profit Related Terms

Thank you for viewing the detailed overview of Abbott Laboratories (Pakistan)'s Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Abbott Laboratories (Pakistan) (KAR:ABOT) Business Description

Traded in Other Exchanges
N/A
Address
Hyderabad Road, Landhi, P.O. Box 7229, Plot No. 258 & 324, Opposite Radio Pakistan Transmission Centre, Karachi, PAK, 75120
Abbott Laboratories (Pakistan) Ltd is engaged in manufacturing, importing, and marketing research-based pharmaceutical, nutritional, diagnostic, diabetes care, molecular devices, hospital, and consumer products. Its operating segments are Pharmaceutical, Nutritional, Diagnostics, and Others. It generates maximum revenue from the Pharmaceutical segment. Geographically, it derives the majority of its revenue from Pakistan and also has a presence in Afghanistan, Sri Lanka, Bangladesh, and Switzerland. Its Brands include Duphaston, Surbex Z, Serc, Duphala, Pediasur, Similac, and others.

Abbott Laboratories (Pakistan) (KAR:ABOT) Headlines

No Headlines