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Doman Building Materials Group (Doman Building Materials Group) Gross Margin % : 15.28% (As of Dec. 2023)


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What is Doman Building Materials Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Doman Building Materials Group's Gross Profit for the three months ended in Dec. 2023 was $60 Mil. Doman Building Materials Group's Revenue for the three months ended in Dec. 2023 was $393 Mil. Therefore, Doman Building Materials Group's Gross Margin % for the quarter that ended in Dec. 2023 was 15.28%.


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

CWXZF' s Gross Margin % Range Over the Past 10 Years
Min: 11.84   Med: 13.92   Max: 16.17
Current: 16.17


During the past 13 years, the highest Gross Margin % of Doman Building Materials Group was 16.17%. The lowest was 11.84%. And the median was 13.92%.

CWXZF's Gross Margin % is ranked worse than
70.63% of 143 companies
in the Industrial Distribution industry
Industry Median: 23.33 vs CWXZF: 16.17

Doman Building Materials Group had a gross margin of 15.28% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Doman Building Materials Group was 0.50% per year.


Doman Building Materials Group Gross Margin % Historical Data

The historical data trend for Doman Building Materials Group'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.

Doman Building Materials Group Gross Margin % Chart

Doman Building Materials Group 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 14.39 15.87 15.37 13.45 16.17

Doman Building Materials Group 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 14.31 16.12 17.05 15.96 15.28

Competitive Comparison of Doman Building Materials Group's Gross Margin %

For the Industrial Distribution subindustry, Doman Building Materials Group'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.


Doman Building Materials Group's Gross Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Doman Building Materials Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Doman Building Materials Group's Gross Margin % falls into.



Doman Building Materials Group Gross Margin % Calculation

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

Doman Building Materials Group'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 )
=300.2 / 1856.86
=(Revenue - Cost of Goods Sold) / Revenue
=(1856.86 - 1556.681) / 1856.86
=16.17 %

Doman Building Materials Group'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 )
=60.1 / 393.103
=(Revenue - Cost of Goods Sold) / Revenue
=(393.103 - 333.052) / 393.103
=15.28 %

* 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.


Doman Building Materials Group  (OTCPK:CWXZF) 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

Doman Building Materials Group had a gross margin of 15.28% for the quarter that ended in Dec. 2023 => No sustainable 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.


Doman Building Materials Group Gross Margin % Related Terms

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Doman Building Materials Group (Doman Building Materials Group) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 1600, PO Box 39, Vancouver, BC, CAN, V6E 4A6
Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns. Its operations also include timber ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through CanWel Fibre Corp. Its operating segments are Building Materials and Other. Geographically the group has a business presence in Canada and the U.S.

Doman Building Materials Group (Doman Building Materials Group) Headlines

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