GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VZ Holding AG (XSWX:VZN) » Definitions » Gross Profit

VZ Holding AG (XSWX:VZN) Gross Profit : CHF309.1 Mil (TTM As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is VZ Holding AG Gross Profit?

VZ Holding AG's gross profit for the six months ended in Dec. 2023 was CHF158.9 Mil. VZ Holding AG's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was CHF309.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. VZ Holding AG's gross profit for the six months ended in Dec. 2023 was CHF158.9 Mil. VZ Holding AG's Revenue for the six months ended in Dec. 2023 was CHF251.4 Mil. Therefore, VZ Holding AG's Gross Margin % for the quarter that ended in Dec. 2023 was 63.20%.

VZ Holding AG had a gross margin of 63.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of VZ Holding AG was 66.47%. The lowest was 61.84%. And the median was 64.76%.


VZ Holding AG Gross Profit Historical Data

The historical data trend for VZ Holding 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.

VZ Holding AG Gross Profit Chart

VZ Holding 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 182.43 199.15 245.72 258.52 309.14

VZ Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 132.71 126.97 131.54 150.26 158.88

Competitive Comparison of VZ Holding AG's Gross Profit

For the Asset Management subindustry, VZ Holding 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.


VZ Holding AG's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VZ Holding AG's Gross Profit distribution charts can be found below:

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



VZ Holding AG Gross Profit Calculation

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

VZ Holding 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
=499.927 - 190.785
=309.1

VZ Holding AG's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=251.395 - 92.511
=158.9

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF309.1 Mil.

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

VZ Holding AG'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
=158.9 / 251.395
=63.20 %

* 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.


VZ Holding AG  (XSWX:VZN) 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

VZ Holding AG had a gross margin of 63.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage


VZ Holding AG Gross Profit Related Terms

Thank you for viewing the detailed overview of VZ Holding AG's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


VZ Holding AG (XSWX:VZN) Business Description

Traded in Other Exchanges
Address
Gotthardstrasse 6, Zurich, CHE, 8002
VZ Holding AG offers financial advisory services for individuals and companies in many areas. The group helps clients plan retirement, investments, and it helps with mortgage financing. VZ also provides assistance with tax optimization. Corporate clients are assisted with benefits planning and risk management. As a holding company, VZ depends on its host of subsidiaries to bring a wealth of services to clients. Altogether, the group delivers assistance with insurance questions, administers and services mortgages, and engages in bank depository activities. Revenue is primarily earned from management fees on assets under management.

VZ Holding AG (XSWX:VZN) Headlines

No Headlines