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Rheinmetall AG (Rheinmetall AG) Gross Margin % : 53.23% (As of Dec. 2023)


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What is Rheinmetall AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rheinmetall AG's Gross Profit for the three months ended in Dec. 2023 was $1,484 Mil. Rheinmetall AG's Revenue for the three months ended in Dec. 2023 was $2,788 Mil. Therefore, Rheinmetall AG's Gross Margin % for the quarter that ended in Dec. 2023 was 53.23%.


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

RNMBF' s Gross Margin % Range Over the Past 10 Years
Min: 45.71   Med: 48.62   Max: 54.86
Current: 54.86


During the past 13 years, the highest Gross Margin % of Rheinmetall AG was 54.86%. The lowest was 45.71%. And the median was 48.62%.

RNMBF's Gross Margin % is ranked better than
85.81% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.025 vs RNMBF: 54.86

Rheinmetall AG had a gross margin of 53.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rheinmetall AG was 2.60% per year.


Rheinmetall AG Gross Margin % Historical Data

The historical data trend for Rheinmetall AG'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.

Rheinmetall AG Gross Margin % Chart

Rheinmetall AG 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 48.71 50.97 53.55 52.72 54.86

Rheinmetall AG 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 48.19 58.84 56.74 52.56 53.23

Competitive Comparison of Rheinmetall AG's Gross Margin %

For the Aerospace & Defense subindustry, Rheinmetall AG'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.


Rheinmetall AG's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rheinmetall AG's Gross Margin % distribution charts can be found below:

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



Rheinmetall AG Gross Margin % Calculation

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

Rheinmetall AG'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 )
=4292.3 / 7824.427
=(Revenue - Cost of Goods Sold) / Revenue
=(7824.427 - 3532.17) / 7824.427
=54.86 %

Rheinmetall AG'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 )
=1484.2 / 2788.441
=(Revenue - Cost of Goods Sold) / Revenue
=(2788.441 - 1304.253) / 2788.441
=53.23 %

* 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.


Rheinmetall AG  (OTCPK:RNMBF) 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

Rheinmetall AG had a gross margin of 53.23% 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.


Rheinmetall AG Gross Margin % Related Terms

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Rheinmetall AG (Rheinmetall AG) Business Description

Address
Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.

Rheinmetall AG (Rheinmetall AG) Headlines

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