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Morgan Sindall Group (CHIX:MGNSL) Gross Margin % : 10.69% (As of Dec. 2023)


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What is Morgan Sindall Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Morgan Sindall Group's Gross Profit for the six months ended in Dec. 2023 was £233 Mil. Morgan Sindall Group's Revenue for the six months ended in Dec. 2023 was £2,183 Mil. Therefore, Morgan Sindall Group's Gross Margin % for the quarter that ended in Dec. 2023 was 10.69%.


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

CHIX:MGNSl' s Gross Margin % Range Over the Past 10 Years
Min: 6.97   Med: 10.34   Max: 11.91
Current: 10.8


During the past 13 years, the highest Gross Margin % of Morgan Sindall Group was 11.91%. The lowest was 6.97%. And the median was 10.34%.

CHIX:MGNSl's Gross Margin % is ranked worse than
73.46% of 1609 companies
in the Construction industry
Industry Median: 19.2 vs CHIX:MGNSl: 10.80

Morgan Sindall Group had a gross margin of 10.69% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Morgan Sindall Group was 0.20% per year.


Morgan Sindall Group Gross Margin % Historical Data

The historical data trend for Morgan Sindall Group'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.

Morgan Sindall Group Gross Margin % Chart

Morgan Sindall Group 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 10.79 10.41 11.91 10.27 10.80

Morgan Sindall Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 12.53 11.36 9.30 10.92 10.69

Competitive Comparison of Morgan Sindall Group's Gross Margin %

For the Engineering & Construction subindustry, Morgan Sindall Group'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.


Morgan Sindall Group's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Morgan Sindall Group's Gross Margin % distribution charts can be found below:

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



Morgan Sindall Group Gross Margin % Calculation

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

Morgan Sindall Group'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 )
=444.8 / 4117.7
=(Revenue - Cost of Goods Sold) / Revenue
=(4117.7 - 3672.9) / 4117.7
=10.80 %

Morgan Sindall Group'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 )
=233.4 / 2182.5
=(Revenue - Cost of Goods Sold) / Revenue
=(2182.5 - 1949.1) / 2182.5
=10.69 %

* 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.


Morgan Sindall Group  (CHIX:MGNSl) 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

Morgan Sindall Group had a gross margin of 10.69% for the quarter that ended in Dec. 2023 => No sustainable 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.


Morgan Sindall Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Morgan Sindall Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Morgan Sindall Group (CHIX:MGNSL) Business Description

Traded in Other Exchanges
Address
Kent House, 14–17 Market Place, London, GBR, W1W 8AJ
Morgan Sindall Group PLC is a construction and regeneration company in the United Kingdom. The business activities of the group are functioned through Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, Urban Regeneration and Investments segments. The company offers services to commercial, defense, education, energy, healthcare, industrial, leisure, retail, transportation, and water markets. Group serves both the public and private sectors. It derives the majority of revenue from construction and infrastructure segment.

Morgan Sindall Group (CHIX:MGNSL) Headlines

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