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Merus Power Oyj (OHEL:MERUS) Gross Margin % : 61.86% (As of Dec. 2023)


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What is Merus Power Oyj Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Merus Power Oyj's Gross Profit for the six months ended in Dec. 2023 was €9.57 Mil. Merus Power Oyj's Revenue for the six months ended in Dec. 2023 was €15.47 Mil. Therefore, Merus Power Oyj's Gross Margin % for the quarter that ended in Dec. 2023 was 61.86%.


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

OHEL:MERUS' s Gross Margin % Range Over the Past 10 Years
Min: 38.12   Med: 52.27   Max: 60.88
Current: 51.23


During the past 6 years, the highest Gross Margin % of Merus Power Oyj was 60.88%. The lowest was 38.12%. And the median was 52.27%.

OHEL:MERUS's Gross Margin % is ranked better than
91.76% of 2937 companies
in the Industrial Products industry
Industry Median: 26.39 vs OHEL:MERUS: 51.23

Merus Power Oyj had a gross margin of 61.86% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Merus Power Oyj was -0.40% per year.


Merus Power Oyj Gross Margin % Historical Data

The historical data trend for Merus Power Oyj'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.

Merus Power Oyj Gross Margin % Chart

Merus Power Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 53.32 60.88 38.12 53.75 51.22

Merus Power Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.09 53.92 53.63 39.09 61.86

Competitive Comparison of Merus Power Oyj's Gross Margin %

For the Specialty Industrial Machinery subindustry, Merus Power Oyj'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.


Merus Power Oyj's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Merus Power Oyj's Gross Margin % falls into.



Merus Power Oyj Gross Margin % Calculation

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

Merus Power Oyj'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 )
=14.9 / 29.031
=(Revenue - Cost of Goods Sold) / Revenue
=(29.031 - 14.16) / 29.031
=51.22 %

Merus Power Oyj'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 )
=9.6 / 15.472
=(Revenue - Cost of Goods Sold) / Revenue
=(15.472 - 5.901) / 15.472
=61.86 %

* 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.


Merus Power Oyj  (OHEL:MERUS) 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

Merus Power Oyj had a gross margin of 61.86% for the quarter that ended in Dec. 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.


Merus Power Oyj Gross Margin % Related Terms

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


Merus Power Oyj (OHEL:MERUS) Business Description

Traded in Other Exchanges
Address
Pirkkalaistie 1, Nokia, FIN, 37100
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic innovative electricity storage, power quality solutions and services. The company's business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise.

Merus Power Oyj (OHEL:MERUS) Headlines

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