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Minerales Y Productos Derivados (XMAD:MYD) Gross Margin % : 65.54% (As of Jun. 2023)


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What is Minerales Y Productos Derivados Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Minerales Y Productos Derivados's Gross Profit for the six months ended in Jun. 2023 was €146.6 Mil. Minerales Y Productos Derivados's Revenue for the six months ended in Jun. 2023 was €223.7 Mil. Therefore, Minerales Y Productos Derivados's Gross Margin % for the quarter that ended in Jun. 2023 was 65.54%.


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

XMAD:MYD' s Gross Margin % Range Over the Past 10 Years
Min: 54.51   Med: 57.45   Max: 65.32
Current: 58.92


During the past 13 years, the highest Gross Margin % of Minerales Y Productos Derivados was 65.32%. The lowest was 54.51%. And the median was 57.45%.

XMAD:MYD's Gross Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 19.22 vs XMAD:MYD: 58.92

Minerales Y Productos Derivados had a gross margin of 65.54% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Minerales Y Productos Derivados was -0.50% per year.


Minerales Y Productos Derivados Gross Margin % Historical Data

The historical data trend for Minerales Y Productos Derivados'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.

Minerales Y Productos Derivados Gross Margin % Chart

Minerales Y Productos Derivados Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.29 65.32 63.73 55.31 56.29

Minerales Y Productos Derivados Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 60.85 49.56 60.52 52.46 65.54

Competitive Comparison of Minerales Y Productos Derivados's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Minerales Y Productos Derivados'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.


Minerales Y Productos Derivados's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Minerales Y Productos Derivados's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Minerales Y Productos Derivados's Gross Margin % falls into.



Minerales Y Productos Derivados Gross Margin % Calculation

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

Minerales Y Productos Derivados's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=246 / 436.987
=(Revenue - Cost of Goods Sold) / Revenue
=(436.987 - 191.02) / 436.987
=56.29 %

Minerales Y Productos Derivados's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=146.6 / 223.716
=(Revenue - Cost of Goods Sold) / Revenue
=(223.716 - 77.09) / 223.716
=65.54 %

* 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.


Minerales Y Productos Derivados  (XMAD:MYD) 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

Minerales Y Productos Derivados had a gross margin of 65.54% for the quarter that ended in Jun. 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.


Minerales Y Productos Derivados Gross Margin % Related Terms

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Minerales Y Productos Derivados (XMAD:MYD) Business Description

Traded in Other Exchanges
N/A
Address
C/ San Vicente, 8, Edif. Albia 1 - 5 Planta, Bilbao, ESP, 48001
Minerales Y Productos Derivados SA engages in the production of industrial minerals, chemical products, construction products, natural absorbents, and bleaching clays. The company's products include Fluorspar, Salts, Anhydrite, Fluorochemicals, Sodium sulfate, Special clays, among others.