The historical rank and industry rank for BlueScope Steel's Gross Margin % or its related term are showing as below:
BLSFY'
s Gross Margin % Range Over the Past 10 Years
Min: 36.44 Med: 42.73 Max: 45.4
Current: 38.11
During the past 13 years, the highestGross Margin % of BlueScope Steel was 45.40%. The lowest was 36.44%. And the median was 42.73%.
BLSFY's Gross Margin % is ranked better than 91.45% of 585
companies
in the Steel industry
Industry Median: 13.01
vs BLSFY: 38.11
BlueScope Steel had a gross margin of 38.73% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for BlueScope Steel was -1.00% per year.
BlueScope Steel Gross Margin % Historical Data
The historical data trend for BlueScope Steel'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.
Competitive Comparison of BlueScope Steel's Gross Margin %
For the Steel subindustry, BlueScope Steel'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.
BlueScope Steel's Gross Margin % Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, BlueScope Steel's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BlueScope Steel's Gross Margin % falls into.
* 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.
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
BlueScope Steel had a gross margin of 38.73% for the quarter that ended in Dec. 2023 => Competition eroding margins
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.
BlueScope Steel Gross Margin % Related Terms
Thank you for viewing the detailed overview of BlueScope Steel's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BlueScope Steel (BlueScope Steel) Business Description
BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.
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