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Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Gross Margin % : 21.02% (As of Jun. 2023)


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What is Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Gross Profit for the three months ended in Jun. 2023 was ₺67 Mil. Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Revenue for the three months ended in Jun. 2023 was ₺318 Mil. Therefore, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Gross Margin % for the quarter that ended in Jun. 2023 was 21.02%.


The historical rank and industry rank for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Gross Margin % or its related term are showing as below:

IST:LKMNH' s Gross Margin % Range Over the Past 10 Years
Min: 5.05   Med: 12.87   Max: 25.21
Current: 13.35


During the past 13 years, the highest Gross Margin % of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS was 25.21%. The lowest was 5.05%. And the median was 12.87%.

IST:LKMNH's Gross Margin % is ranked worse than
91.13% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.4 vs IST:LKMNH: 13.35

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS had a gross margin of 21.02% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS was 1.80% per year.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Gross Margin % Historical Data

The historical data trend for Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS'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.

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Gross Margin % Chart

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.40 22.19 25.21 12.34 13.93

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 19.29 7.81 20.41 21.02 -

Competitive Comparison of Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Gross Margin %

For the Medical Care Facilities subindustry, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS'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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Gross Margin % falls into.



Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Gross Margin % Calculation

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

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS'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 )
=264.1 / 1895.546
=(Revenue - Cost of Goods Sold) / Revenue
=(1895.546 - 1631.421) / 1895.546
=13.93 %

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=66.8 / 317.805
=(Revenue - Cost of Goods Sold) / Revenue
=(317.805 - 251.01) / 317.805
=21.02 %

* 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS  (IST:LKMNH) 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

Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS had a gross margin of 21.02% for the quarter that ended in Jun. 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.


Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS Gross Margin % Related Terms

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Lokman Hekim Engurusagglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS (IST:LKMNH) Business Description

Traded in Other Exchanges
N/A
Address
General Doktor Tevfik Sa?lam Caddesi No: 119 Etlik-Keçiören, Ankara, TUR, 06010
Lokman Hekim Engurusag Saglik Turizm Egitim Hizmetleri ve Insaat Taahhut AS is engaged in operation of hospitals. Its activities include emergency service, neurosurgery, dietetic, gynecology, rehabilitation, urology, orthopedics and cardiology services.

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