GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hitachi Construction Machinery Co Ltd (TSE:6305) » Definitions » Gross Profit

Hitachi Construction Machinery Co (TSE:6305) Gross Profit : 円435,170 Mil (TTM As of Mar. 2024)


View and export this data going back to 1981. Start your Free Trial

What is Hitachi Construction Machinery Co Gross Profit?

Hitachi Construction Machinery Co's gross profit for the three months ended in Mar. 2024 was 円115,954 Mil. Hitachi Construction Machinery Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円435,170 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hitachi Construction Machinery Co's gross profit for the three months ended in Mar. 2024 was 円115,954 Mil. Hitachi Construction Machinery Co's Revenue for the three months ended in Mar. 2024 was 円385,559 Mil. Therefore, Hitachi Construction Machinery Co's Gross Margin % for the quarter that ended in Mar. 2024 was 30.07%.

Hitachi Construction Machinery Co had a gross margin of 30.07% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hitachi Construction Machinery Co was 30.95%. The lowest was 22.67%. And the median was 27.12%.


Hitachi Construction Machinery Co Gross Profit Historical Data

The historical data trend for Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co Gross Profit Chart

Hitachi Construction Machinery 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 250,757.00 193,343.00 279,988.00 377,948.00 435,170.00

Hitachi Construction Machinery 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 114,682.00 99,682.00 110,389.00 109,145.00 115,954.00

Competitive Comparison of Hitachi Construction Machinery Co's Gross Profit

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co's Gross Profit Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hitachi Construction Machinery Co's Gross Profit falls into.



Hitachi Construction Machinery Co Gross Profit Calculation

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

Hitachi Construction Machinery 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
=1405928 - 970758
=435,170

Hitachi Construction Machinery Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=385559 - 269605
=115,954

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 円435,170 Mil.

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

Hitachi Construction Machinery Co'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
=115,954 / 385559
=30.07 %

* 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.


Hitachi Construction Machinery Co  (TSE:6305) 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

Hitachi Construction Machinery Co had a gross margin of 30.07% for the quarter that ended in Mar. 2024 => Competition eroding margins


Hitachi Construction Machinery Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Hitachi Construction Machinery Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Hitachi Construction Machinery Co (TSE:6305) Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.

Hitachi Construction Machinery Co (TSE:6305) Headlines

No Headlines