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Axiata Group Bhd (Axiata Group Bhd) Gross Margin % : 87.12% (As of Dec. 2023)


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What is Axiata Group Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Axiata Group Bhd's Gross Profit for the three months ended in Dec. 2023 was $864 Mil. Axiata Group Bhd's Revenue for the three months ended in Dec. 2023 was $992 Mil. Therefore, Axiata Group Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 87.12%.


The historical rank and industry rank for Axiata Group Bhd's Gross Margin % or its related term are showing as below:

AXXTF' s Gross Margin % Range Over the Past 10 Years
Min: 74.87   Med: 82.34   Max: 89
Current: 88.73


During the past 13 years, the highest Gross Margin % of Axiata Group Bhd was 89.00%. The lowest was 74.87%. And the median was 82.34%.

AXXTF's Gross Margin % is ranked better than
95.73% of 351 companies
in the Telecommunication Services industry
Industry Median: 49.08 vs AXXTF: 88.73

Axiata Group Bhd had a gross margin of 87.12% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Axiata Group Bhd was 2.80% per year.


Axiata Group Bhd Gross Margin % Historical Data

The historical data trend for Axiata Group Bhd's Gross Margin % 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.

Axiata Group Bhd Gross Margin % Chart

Axiata Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.16 86.44 89.00 88.87 88.73

Axiata Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 219.62 89.43 89.34 88.74 87.12

Competitive Comparison of Axiata Group Bhd's Gross Margin %

For the Telecom Services subindustry, Axiata Group Bhd's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Axiata Group Bhd's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Axiata Group Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Axiata Group Bhd's Gross Margin % falls into.



Axiata Group Bhd Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Axiata Group Bhd's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=4191.3 / 4723.544
=(Revenue - Cost of Goods Sold) / Revenue
=(4723.544 - 532.278) / 4723.544
=88.73 %

Axiata Group Bhd'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 )
=864 / 991.671
=(Revenue - Cost of Goods Sold) / Revenue
=(991.671 - 127.714) / 991.671
=87.12 %

* 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.


Axiata Group Bhd  (OTCPK:AXXTF) Gross Margin % 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

Axiata Group Bhd had a gross margin of 87.12% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Axiata Group Bhd Gross Margin % Related Terms

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Axiata Group Bhd (Axiata Group Bhd) Business Description

Traded in Other Exchanges
Address
Level 5, 9 Jalan Stesen Sentral 5, Axiata Tower, Sentral, Kuala Lumpur, SGR, MYS, 50470
Axiata Group Bhd is a telecommunications company. The business segments of the company are 1) Mobile segment includes the provision of mobile services and other services such as the provision of interconnect services, sale of devices, pay television transmission services, broadband services and digital business and others. 2) Fixed broadband segment is engaged in the broadband and broadcasting business. 3) Infrastructure segment is engaged in the provision of telecommunication infrastructure and related services. 4) Others comprise investment holding entities, financing entities and other operating companies providing other services including digital business and fibre optic transmission. The company has a presence in Malaysia, Indonesia, Bangladesh, Sri Lanka, Nepal, and Cambodia.

Axiata Group Bhd (Axiata Group Bhd) Headlines