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AQ Group AB (OSTO:AQ) Gross Margin % : 49.71% (As of Mar. 2024)


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What is AQ Group AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AQ Group AB's Gross Profit for the three months ended in Mar. 2024 was kr1,106 Mil. AQ Group AB's Revenue for the three months ended in Mar. 2024 was kr2,225 Mil. Therefore, AQ Group AB's Gross Margin % for the quarter that ended in Mar. 2024 was 49.71%.


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

OSTO:AQ' s Gross Margin % Range Over the Past 10 Years
Min: 46.7   Med: 48.26   Max: 50.72
Current: 48.52


During the past 13 years, the highest Gross Margin % of AQ Group AB was 50.72%. The lowest was 46.70%. And the median was 48.26%.

OSTO:AQ's Gross Margin % is ranked better than
89.89% of 2939 companies
in the Industrial Products industry
Industry Median: 26.39 vs OSTO:AQ: 48.52

AQ Group AB had a gross margin of 49.71% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AQ Group AB was -0.10% per year.


AQ Group AB Gross Margin % Historical Data

The historical data trend for AQ Group AB'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.

AQ Group AB Gross Margin % Chart

AQ Group AB 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 48.08 48.97 48.77 46.70 47.74

AQ Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 46.56 47.46 47.79 49.17 49.71

Competitive Comparison of AQ Group AB's Gross Margin %

For the Electrical Equipment & Parts subindustry, AQ Group AB'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.


AQ Group AB's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AQ Group AB's Gross Margin % distribution charts can be found below:

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



AQ Group AB Gross Margin % Calculation

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

AQ Group AB'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 )
=4281 / 8968
=(Revenue - Cost of Goods Sold) / Revenue
=(8968 - 4687) / 8968
=47.74 %

AQ Group AB's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1106 / 2225
=(Revenue - Cost of Goods Sold) / Revenue
=(2225 - 1119) / 2225
=49.71 %

* 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.


AQ Group AB  (OSTO:AQ) 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

AQ Group AB had a gross margin of 49.71% for the quarter that ended in Mar. 2024 => 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.


AQ Group AB Gross Margin % Related Terms

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


AQ Group AB (OSTO:AQ) Business Description

Traded in Other Exchanges
Address
Regattagatan 29, Vasteras, SWE, 723 48
AQ Group AB is a supplier of manufacturing and assembling tool-bound sheet metal and thermoplastic parts to demanding industrial customers. The company's business consists of the System and Component segments. The System segment includes Electric Cabinets and System Products business areas. The Component segment encompasses business areas of Precision stamping and Injection Molding, Inductive Components, Wiring Systems, Sheet Metal Processing as well as Special Technologies and Engineering. Majority of the revenue is derived from Component segment. It operates around the globe with majority revenue from Sweden.

AQ Group AB (OSTO:AQ) Headlines

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