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Fielmann Group AG (Fielmann Group AG) Gross Margin % : 78.80% (As of Sep. 2023)


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What is Fielmann Group AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fielmann Group AG's Gross Profit for the three months ended in Sep. 2023 was $443 Mil. Fielmann Group AG's Revenue for the three months ended in Sep. 2023 was $562 Mil. Therefore, Fielmann Group AG's Gross Margin % for the quarter that ended in Sep. 2023 was 78.80%.


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

FLMNF' s Gross Margin % Range Over the Past 10 Years
Min: 78.41   Med: 79.48   Max: 80.25
Current: 78.41


During the past 13 years, the highest Gross Margin % of Fielmann Group AG was 80.25%. The lowest was 78.41%. And the median was 79.48%.

FLMNF's Gross Margin % is ranked better than
88.44% of 796 companies
in the Medical Devices & Instruments industry
Industry Median: 53.335 vs FLMNF: 78.41

Fielmann Group AG had a gross margin of 78.80% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fielmann Group AG was -0.30% per year.


Fielmann Group AG Gross Margin % Historical Data

The historical data trend for Fielmann Group AG'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.

Fielmann Group AG Gross Margin % Chart

Fielmann Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.83 79.90 80.25 79.70 78.43

Fielmann Group AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 78.30 76.47 80.41 77.78 78.80

Competitive Comparison of Fielmann Group AG's Gross Margin %

For the Medical Instruments & Supplies subindustry, Fielmann Group AG'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.


Fielmann Group AG's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Fielmann Group AG's Gross Margin % distribution charts can be found below:

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



Fielmann Group AG Gross Margin % Calculation

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

Fielmann Group AG's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=1461.6 / 1863.661
=(Revenue - Cost of Goods Sold) / Revenue
=(1863.661 - 402.057) / 1863.661
=78.43 %

Fielmann Group AG's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=442.7 / 561.826
=(Revenue - Cost of Goods Sold) / Revenue
=(561.826 - 119.13) / 561.826
=78.80 %

* 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.


Fielmann Group AG  (OTCPK:FLMNF) 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

Fielmann Group AG had a gross margin of 78.80% for the quarter that ended in Sep. 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.


Fielmann Group AG Gross Margin % Related Terms

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


Fielmann Group AG (Fielmann Group AG) Business Description

Address
Weidestrasse 118a, Hamburg, DEU, 22083
Fielmann Group AG is an optical retailer that offers eyewear fashion at a low price. Its main market is Europe. The company offers a wide range of products: glasses, sunglasses, contact lenses, and hearing aids. The assortment of models is fashionable, and the firm offers its products at reasonable prices. Fielmann is involved in all levels of the optical industry value-added chain: designing, manufacturing, product offering, and optician services.

Fielmann Group AG (Fielmann Group AG) Headlines

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