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Keisei Electric Railway Co (Keisei Electric Railway Co) Gross Profit : $514 Mil (TTM As of Dec. 2023)


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What is Keisei Electric Railway Co Gross Profit?

Keisei Electric Railway Co's gross profit for the three months ended in Dec. 2023 was $145 Mil. Keisei Electric Railway Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $514 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Keisei Electric Railway Co's gross profit for the three months ended in Dec. 2023 was $145 Mil. Keisei Electric Railway Co's Revenue for the three months ended in Dec. 2023 was $519 Mil. Therefore, Keisei Electric Railway Co's Gross Margin % for the quarter that ended in Dec. 2023 was 28.03%.

Keisei Electric Railway Co had a gross margin of 28.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Keisei Electric Railway Co was 26.34%. The lowest was 8.98%. And the median was 24.91%.


Keisei Electric Railway Co Gross Profit Historical Data

The historical data trend for Keisei Electric Railway Co'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.

Keisei Electric Railway Co Gross Profit Chart

Keisei Electric Railway Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 628.31 171.71 279.34 405.19 498.74

Keisei Electric Railway Co 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 98.26 137.72 133.73 145.35 97.14

Competitive Comparison of Keisei Electric Railway Co's Gross Profit

For the Railroads subindustry, Keisei Electric Railway Co'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.


Keisei Electric Railway Co's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Keisei Electric Railway Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Keisei Electric Railway Co's Gross Profit falls into.



Keisei Electric Railway Co Gross Profit Calculation

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

Keisei Electric Railway Co's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=1979.12 - 1480.377
=499

Keisei Electric Railway Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=518.574 - 373.222
=145

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 $514 Mil.

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

Keisei Electric Railway Co'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
=145 / 518.574
=28.03 %

* 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.


Keisei Electric Railway Co  (OTCPK:KELRF) 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

Keisei Electric Railway Co had a gross margin of 28.03% for the quarter that ended in Dec. 2023 => Competition eroding margins


Keisei Electric Railway Co Gross Profit Related Terms

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Keisei Electric Railway Co (Keisei Electric Railway Co) Business Description

Traded in Other Exchanges
Address
3-1-8 Yahata 3-chome, Ichikawa, Chiba, JPN, 272-8510
Keisei Electric Railway is a Japanese company that operates railways in Japan. The company's three largest segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels and leisure sites to car maintenance services.

Keisei Electric Railway Co (Keisei Electric Railway Co) Headlines

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