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Essentra (Essentra) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Essentra Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Essentra's Gross Profit for the six months ended in Dec. 2023 was $189.9 Mil. Essentra's Revenue for the six months ended in Dec. 2023 was $189.9 Mil. Therefore, Essentra's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

FLRAF' s Gross Margin % Range Over the Past 10 Years
Min: 54.31   Med: 58.34   Max: 72.15
Current: 72.15


During the past 13 years, the highest Gross Margin % of Essentra was 72.15%. The lowest was 54.31%. And the median was 58.34%.

FLRAF's Gross Margin % is ranked better than
97.88% of 1510 companies
in the Chemicals industry
Industry Median: 22.315 vs FLRAF: 72.15

Essentra had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Essentra was 5.50% per year.


Essentra Gross Margin % Historical Data

The historical data trend for Essentra'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.

Essentra Gross Margin % Chart

Essentra 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 58.34 57.88 70.90 69.93 72.15

Essentra Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - - -

Competitive Comparison of Essentra's Gross Margin %

For the Specialty Chemicals subindustry, Essentra'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.


Essentra's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Essentra's Gross Margin % distribution charts can be found below:

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



Essentra Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Essentra'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 )
=288.9 / 400.38
=(Revenue - Cost of Goods Sold) / Revenue
=(400.38 - 111.519) / 400.38
=72.15 %

Essentra'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 )
=189.9 / 189.873
=(Revenue - Cost of Goods Sold) / Revenue
=(189.873 - 0) / 189.873
=N/A %

* 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.


Essentra  (OTCPK:FLRAF) 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

Essentra had a gross margin of N/A% 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.


Essentra Gross Margin % Related Terms

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


Essentra (Essentra) Business Description

Traded in Other Exchanges
Address
Langford Locks, Kidlington, Oxford, GBR, OX5 1HX
Essentra PLC makes and sells components. The company organizes itself into three segments based on product type. The components segment includes small plastic and metal pieces for use in the industrial and consumer equipment sectors. The packaging segment provides product packaging to large- and mid-sized companies in the health and personal care sectors. The filters segment supplies tobacco filters, tobacco lab testing services, and tear tape for use in food and drink packaging. Essentra sells its products worldwide, and the majority of revenue comes from Europe and Africa.

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