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Grupo Aeroportuario del SuresteB de CV (Grupo Aeroportuario del SuresteB de CV) Gross Margin %

: 30.20% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Grupo Aeroportuario del SuresteB de CV's Gross Profit for the three months ended in Dec. 2023 was $122 Mil. Grupo Aeroportuario del SuresteB de CV's Revenue for the three months ended in Dec. 2023 was $405 Mil. Therefore, Grupo Aeroportuario del SuresteB de CV's Gross Margin % for the quarter that ended in Dec. 2023 was 30.20%.


The historical rank and industry rank for Grupo Aeroportuario del SuresteB de CV's Gross Margin % or its related term are showing as below:

ASR' s Gross Margin % Range Over the Past 10 Years
Min: 13.35   Med: 50.91   Max: 60.27
Current: 60.27


During the past 13 years, the highest Gross Margin % of Grupo Aeroportuario del SuresteB de CV was 60.27%. The lowest was 13.35%. And the median was 50.91%.

ASR's Gross Margin % is ranked better than
93.88% of 948 companies
in the Transportation industry
Industry Median: 19.93 vs ASR: 60.27

Grupo Aeroportuario del SuresteB de CV had a gross margin of 30.20% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Grupo Aeroportuario del SuresteB de CV was 5.30% per year.


Grupo Aeroportuario del SuresteB de CV Gross Margin % Historical Data

The historical data trend for Grupo Aeroportuario del SuresteB de CV'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.

Grupo Aeroportuario del SuresteB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.69 26.54 47.49 57.83 60.27

Grupo Aeroportuario del SuresteB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 29.40 72.24 73.43 67.94 30.20

Competitive Comparison

For the Airports & Air Services subindustry, Grupo Aeroportuario del SuresteB de CV'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.


Grupo Aeroportuario del SuresteB de CV Gross Margin % Distribution

For the Transportation industry and Industrials sector, Grupo Aeroportuario del SuresteB de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grupo Aeroportuario del SuresteB de CV's Gross Margin % falls into.



Grupo Aeroportuario del SuresteB de CV Gross Margin % Calculation

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

Grupo Aeroportuario del SuresteB de CV'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 )
=916.8 / 1521.225
=(Revenue - Cost of Goods Sold) / Revenue
=(1521.225 - 604.382) / 1521.225
=60.27 %

Grupo Aeroportuario del SuresteB de CV'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 )
=122.3 / 405.14
=(Revenue - Cost of Goods Sold) / Revenue
=(405.14 - 282.802) / 405.14
=30.20 %

* 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.


Grupo Aeroportuario del SuresteB de CV  (NYSE:ASR) 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

Grupo Aeroportuario del SuresteB de CV had a gross margin of 30.20% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Grupo Aeroportuario del SuresteB de CV Gross Margin % Related Terms

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Grupo Aeroportuario del SuresteB de CV (Grupo Aeroportuario del SuresteB de CV) Business Description

Traded in Other Exchanges
Address
Bosque de Alisos No. 47A - 4th Floor, Bosques de las Lomas, Ciudad de Mexico, DF, MEX, 05120
Grupo Aeroportuario del Sureste SAB de CV operates airports in southeast Mexico. The company's segments include Cancun; Aerostar; Airplan; Merida; Villahermosa; Holding and Services and other. It generates maximum revenue from the Cancun segment.

Grupo Aeroportuario del SuresteB de CV (Grupo Aeroportuario del SuresteB de CV) Headlines

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