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Eco Animal Health Group (LSE:EAH) Gross Profit : £38.08 Mil (TTM As of Sep. 2023)


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What is Eco Animal Health Group Gross Profit?

Eco Animal Health Group's gross profit for the six months ended in Sep. 2023 was £15.50 Mil. Eco Animal Health Group's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was £38.08 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Eco Animal Health Group's gross profit for the six months ended in Sep. 2023 was £15.50 Mil. Eco Animal Health Group's Revenue for the six months ended in Sep. 2023 was £38.01 Mil. Therefore, Eco Animal Health Group's Gross Margin % for the quarter that ended in Sep. 2023 was 40.78%.

Eco Animal Health Group had a gross margin of 40.78% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Eco Animal Health Group was 49.95%. The lowest was 42.75%. And the median was 45.63%.

Warning Sign:

Eco Animal Health Group PLC gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


Eco Animal Health Group Gross Profit Historical Data

The historical data trend for Eco Animal Health 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.

Eco Animal Health Group Gross Profit Chart

Eco Animal Health Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.81 33.36 52.75 35.14 38.38

Eco Animal Health Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 17.14 18.00 15.80 22.58 15.50

Competitive Comparison of Eco Animal Health Group's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Eco Animal Health 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.


Eco Animal Health Group's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eco Animal Health Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Eco Animal Health Group's Gross Profit falls into.



Eco Animal Health Group Gross Profit Calculation

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

Eco Animal Health Group's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=85.311 - 46.935
=38.38

Eco Animal Health Group's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=38.009 - 22.508
=15.50

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £38.08 Mil.

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

Eco Animal Health Group's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=15.50 / 38.009
=40.78 %

* 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.


Eco Animal Health Group  (LSE:EAH) 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

Eco Animal Health Group had a gross margin of 40.78% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Eco Animal Health Group Gross Profit Related Terms

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Eco Animal Health Group (LSE:EAH) Business Description

Traded in Other Exchanges
N/A
Address
78 Coombe Road, New Malden, London, Surrey, GBR, KT3 4QS
Eco Animal Health Group PLC is engaged in the manufacture and marketing of animal health products. The company's product portfolio includes Aivlosin - macrolide antibiotic for the treatment of respiratory and enteric diseases in pigs and poultry; Ecomectin, Eco heart, Ecotraz, and Ecomintic for treatment and prevention of parasites in cattle, sheep, pigs, horses, and dogs; and Chlortetracycline and Oxytetracycline for treatment of bacterial infections in pigs, poultry and cattle. The geographical segments of the company include Corporate/UK, China & Japan, North America, South & South East Asia, Latin America, Europe, and the Rest of the World.

Eco Animal Health Group (LSE:EAH) Headlines

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