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Rush Factory (OHEL:RUSH) Gross Margin % : 48.25% (As of Dec. 2023)


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What is Rush Factory Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rush Factory's Gross Profit for the six months ended in Dec. 2023 was €0.55 Mil. Rush Factory's Revenue for the six months ended in Dec. 2023 was €1.14 Mil. Therefore, Rush Factory's Gross Margin % for the quarter that ended in Dec. 2023 was 48.25%.


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

OHEL:RUSH' s Gross Margin % Range Over the Past 10 Years
Min: -161.59   Med: 58.36   Max: 64.05
Current: 60.26


During the past 8 years, the highest Gross Margin % of Rush Factory was 64.05%. The lowest was -161.59%. And the median was 58.36%.

OHEL:RUSH's Gross Margin % is ranked better than
78.85% of 988 companies
in the Business Services industry
Industry Median: 34.34 vs OHEL:RUSH: 60.26

Rush Factory had a gross margin of 48.25% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Rush Factory Gross Margin % Historical Data

The historical data trend for Rush Factory'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.

Rush Factory Gross Margin % Chart

Rush Factory Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 62.94 -161.59 56.46 39.39 60.26

Rush Factory Semi-Annual Data
Dec16 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 57.57 39.89 38.77 66.86 48.25

Competitive Comparison of Rush Factory's Gross Margin %

For the Specialty Business Services subindustry, Rush Factory'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.


Rush Factory's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rush Factory's Gross Margin % distribution charts can be found below:

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



Rush Factory Gross Margin % Calculation

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

Rush Factory'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 )
=1.9 / 3.213
=(Revenue - Cost of Goods Sold) / Revenue
=(3.213 - 1.277) / 3.213
=60.26 %

Rush Factory'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 )
=0.6 / 1.14
=(Revenue - Cost of Goods Sold) / Revenue
=(1.14 - 0.59) / 1.14
=48.25 %

* 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.


Rush Factory  (OHEL:RUSH) 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

Rush Factory had a gross margin of 48.25% 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.


Rush Factory Gross Margin % Related Terms

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


Rush Factory (OHEL:RUSH) Business Description

Traded in Other Exchanges
N/A
Address
Valtakatu 7, Rauma, FIN, 26100
Rush Factory PLC operates as an event management company. It owns, develops, and executes sports and leisure event tours.

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