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FAT Brands (STU:5PN) Gross Profit : €196.9 Mil (TTM As of Mar. 2024)


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What is FAT Brands Gross Profit?

FAT Brands's gross profit for the three months ended in Mar. 2024 was €37.1 Mil. FAT Brands's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €196.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FAT Brands's gross profit for the three months ended in Mar. 2024 was €37.1 Mil. FAT Brands's Revenue for the three months ended in Mar. 2024 was €139.8 Mil. Therefore, FAT Brands's Gross Margin % for the quarter that ended in Mar. 2024 was 26.54%.

FAT Brands had a gross margin of 26.54% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of FAT Brands was 81.73%. The lowest was 40.52%. And the median was 66.39%.

Warning Sign:

FAT Brands Inc gross margin has been in long-term decline. The average rate of decline per year is -12.2%.


FAT Brands Gross Profit Historical Data

The historical data trend for FAT Brands'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.

FAT Brands Gross Profit Chart

FAT Brands Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 16.56 10.60 66.06 175.20 181.17

FAT Brands 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 33.70 43.62 36.10 80.07 37.10

Competitive Comparison of FAT Brands's Gross Profit

For the Restaurants subindustry, FAT Brands'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.


FAT Brands's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, FAT Brands's Gross Profit distribution charts can be found below:

* The bar in red indicates where FAT Brands's Gross Profit falls into.



FAT Brands Gross Profit Calculation

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

FAT Brands'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
=440.579 - 259.407
=181.2

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=139.81 - 102.711
=37.1

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 €196.9 Mil.

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

FAT Brands'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
=37.1 / 139.81
=26.54 %

* 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.


FAT Brands  (STU:5PN) 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

FAT Brands had a gross margin of 26.54% for the quarter that ended in Mar. 2024 => Competition eroding margins


FAT Brands Gross Profit Related Terms

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FAT Brands (STU:5PN) Business Description

Comparable Companies
Traded in Other Exchanges
Address
9720 Wilshire Boulevard, Suite 500, Beverly Hills, CA, USA, 90212
FAT Brands Inc is a multi-brand restaurant franchising company. It develops, markets, acquires and manages quick service, fast casual, casual dining and polished casual dining restaurant concepts around the world. The company operates as a franchisor of restaurants, where the company generally does not own or operate the restaurant locations but rather generates revenue by charging franchisees an initial franchise fee as well as ongoing royalties. For some of the company's brands, it also directly owns and operates restaurant locations. The primary sources of revenue are the sale of food and beverages at company restaurants and the collection of royalties, franchise fees and advertising revenue from sales of food and beverages at franchised restaurants.

FAT Brands (STU:5PN) Headlines

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