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gross profit
noun
gross receipts less the cost of goods or production but before the deduction of such other costs as rent or salaries.
gross profit
noun
accounting the difference between total revenue from sales and the total cost of purchases or materials, with an adjustment for stock
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Example Sentences
Since its growth cycle started in 2022, the auto spare parts producer’s manufacturing revenue and gross profit have re-accelerated, thanks to improved cost control, better utilization, and a broader original-equipment-manufacturer client base, the analyst says.
Trivariate Research’s Adam Parker emphasizes gross profit margins as a key indicator for stock valuation and future performance.
“We have now really achieved a new level on gross profit margin that we also consider sustainable,” said CEO Martin Hoffmann on the earnings call.
As excess profitability in China may attract intensified competition and slow the pace of technology adoption, the company is expected to face some challenges on maintaining its gross profit margin above 40%, they add.
The German chemical-distribution group soundly beat market consensus on free cash flow and adjusted earnings before interest, taxes and amortization largely due to strong gross profit in its commodity chemicals distribution unit, the analysts say.
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