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Itafos (Itafos) Gross Margin % : -31.30% (As of Dec. 2023)


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What is Itafos Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Itafos's Gross Profit for the three months ended in Dec. 2023 was $-37.3 Mil. Itafos's Revenue for the three months ended in Dec. 2023 was $119.0 Mil. Therefore, Itafos's Gross Margin % for the quarter that ended in Dec. 2023 was -31.30%.


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

MBCF' s Gross Margin % Range Over the Past 10 Years
Min: -6.72   Med: 9.89   Max: 36.22
Current: 11.35


During the past 13 years, the highest Gross Margin % of Itafos was 36.22%. The lowest was -6.72%. And the median was 9.89%.

MBCF's Gross Margin % is ranked worse than
79.91% of 234 companies
in the Agriculture industry
Industry Median: 23.015 vs MBCF: 11.35

Itafos had a gross margin of -31.30% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Itafos was 0.00% per year.


Itafos Gross Margin % Historical Data

The historical data trend for Itafos'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.

Itafos Gross Margin % Chart

Itafos 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 -6.72 -6.23 33.12 36.22 11.29

Itafos 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 35.59 32.59 31.79 12.57 -31.30

Competitive Comparison of Itafos's Gross Margin %

For the Agricultural Inputs subindustry, Itafos'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.


Itafos's Gross Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Itafos's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Itafos's Gross Margin % falls into.



Itafos Gross Margin % Calculation

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

Itafos'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 )
=52.6 / 465.525
=(Revenue - Cost of Goods Sold) / Revenue
=(465.525 - 412.963) / 465.525
=11.29 %

Itafos'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 )
=-37.3 / 119.038
=(Revenue - Cost of Goods Sold) / Revenue
=(119.038 - 156.295) / 119.038
=-31.30 %

* 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.


Itafos  (OTCPK:MBCF) 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

Itafos had a gross margin of -31.30% 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.


Itafos Gross Margin % Related Terms

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


Itafos (Itafos) Business Description

Traded in Other Exchanges
Address
109 North Post Oak Lane, Suite 405, Houston, TX, USA, 77024
Itafos Inc operates as a vertically integrated phosphate fertilizer and specialty products company. It operates through Itafos Conda, Arraias, Development and Exploration, and Corporate segments. The company produces and sells mono ammonium phosphate (MAP), super phosphoric acid (SPA), merchant grade phosphoric acid (MGA), single superphosphate (SSP), and specialty products, including ammonium polyphosphate (APP). It owns, develops, and operates various projects, including Itafos Conda; Itafos Arraias; Itafos Paris Hills; Itafos Farim; Itafos Santana; Itafos Araxa; and Itafos Mantaro.

Itafos (Itafos) Headlines

From GuruFocus

Itafos Posts Updated Corporate Presentation to Website

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By GlobeNewswire GlobeNewswire 12-23-2020

Itafos Reports Record 2021 Results, Expects Continued Strength in 2022

By GlobeNewswire GlobeNewswire 03-25-2022

Itafos Announces Restart of Sulfuric Acid Plant at Arraias

By GlobeNewswire GlobeNewswire 10-21-2021