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Schaeffler AG (XSWX:SHAF) Gross Profit : CHF3,556 Mil (TTM As of Mar. 2024)


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What is Schaeffler AG Gross Profit?

Schaeffler AG's gross profit for the three months ended in Mar. 2024 was CHF1,049 Mil. Schaeffler AG's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was CHF3,556 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Schaeffler AG's gross profit for the three months ended in Mar. 2024 was CHF1,049 Mil. Schaeffler AG's Revenue for the three months ended in Mar. 2024 was CHF3,946 Mil. Therefore, Schaeffler AG's Gross Margin % for the quarter that ended in Mar. 2024 was 26.59%.

Schaeffler AG had a gross margin of 26.59% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Schaeffler AG was 28.39%. The lowest was 22.04%. And the median was 25.35%.

Warning Sign:

Schaeffler AG gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Schaeffler AG Gross Profit Historical Data

The historical data trend for Schaeffler AG'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.

Schaeffler AG Gross Profit Chart

Schaeffler AG 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 3,902.01 3,089.95 3,579.93 3,531.99 3,391.30

Schaeffler AG 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 950.27 864.31 869.84 773.32 1,048.93

Competitive Comparison of Schaeffler AG's Gross Profit

For the Auto Parts subindustry, Schaeffler AG'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.


Schaeffler AG's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Schaeffler AG's Gross Profit distribution charts can be found below:

* The bar in red indicates where Schaeffler AG's Gross Profit falls into.



Schaeffler AG Gross Profit Calculation

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

Schaeffler AG'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
=15384.386 - 11993.087
=3,391

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3945.577 - 2896.643
=1,049

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 CHF3,556 Mil.

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

Schaeffler AG'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
=1,049 / 3945.577
=26.59 %

* 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.


Schaeffler AG  (XSWX:SHAF) 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

Schaeffler AG had a gross margin of 26.59% for the quarter that ended in Mar. 2024 => Competition eroding margins


Schaeffler AG Gross Profit Related Terms

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Schaeffler AG (XSWX:SHAF) Business Description

Address
Industriestrasse 1-3, Herzogenaurach, BY, DEU, 91074
Schaeffler AG is an automotive and industrial supplier. The company's business is managed based on three divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division organizes its business in the Engine Systems, Transmission Systems, E-Mobility, and Chassis Systems business divisions. The industrial division distributes components and systems for rotary and linear movements as well as services for a wide range of industrial sectors. The Automotive Aftermarket division is responsible for business with spare vehicle parts. Its Automotive Technologies generates revenue. Its geographical segments are Europe, the Americas, Greater China, and Asia-Pacific.

Schaeffler AG (XSWX:SHAF) Headlines

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