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Deutsche Lufthansa AG (HAM:LHA) Gross Margin % : 10.40% (As of Dec. 2023)


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What is Deutsche Lufthansa AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Deutsche Lufthansa AG's Gross Profit for the three months ended in Dec. 2023 was €911 Mil. Deutsche Lufthansa AG's Revenue for the three months ended in Dec. 2023 was €8,761 Mil. Therefore, Deutsche Lufthansa AG's Gross Margin % for the quarter that ended in Dec. 2023 was 10.40%.


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

HAM:LHA' s Gross Margin % Range Over the Past 10 Years
Min: -25.66   Med: 13.6   Max: 19.66
Current: 14.79


During the past 13 years, the highest Gross Margin % of Deutsche Lufthansa AG was 19.66%. The lowest was -25.66%. And the median was 13.60%.

HAM:LHA's Gross Margin % is ranked worse than
64.76% of 945 companies
in the Transportation industry
Industry Median: 20.14 vs HAM:LHA: 14.79

Deutsche Lufthansa AG had a gross margin of 10.40% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Deutsche Lufthansa AG was 0.00% per year.


Deutsche Lufthansa AG Gross Margin % Historical Data

The historical data trend for Deutsche Lufthansa 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.

Deutsche Lufthansa AG Gross Margin % Chart

Deutsche Lufthansa 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 14.26 -25.66 -2.80 13.15 14.79

Deutsche Lufthansa 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 17.20 4.32 19.52 21.35 10.40

Competitive Comparison of Deutsche Lufthansa AG's Gross Margin %

For the Airlines subindustry, Deutsche Lufthansa 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.


Deutsche Lufthansa AG's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's Gross Margin % distribution charts can be found below:

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



Deutsche Lufthansa AG Gross Margin % Calculation

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

Deutsche Lufthansa 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 )
=5241 / 35442
=(Revenue - Cost of Goods Sold) / Revenue
=(35442 - 30201) / 35442
=14.79 %

Deutsche Lufthansa 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 )
=911 / 8761
=(Revenue - Cost of Goods Sold) / Revenue
=(8761 - 7850) / 8761
=10.40 %

* 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.


Deutsche Lufthansa AG  (HAM:LHA) 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

Deutsche Lufthansa AG had a gross margin of 10.40% 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.


Deutsche Lufthansa AG Gross Margin % Related Terms

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Deutsche Lufthansa AG (HAM:LHA) Business Description

Address
Lufthansa Aviation Center, Airportring, Frankfurt, HE, DEU, 60546
Deutsche Lufthansa AG is a European airline group. The company's segment includes Passenger Airlines; Logistics; MRO and Catering. It generates maximum revenue from the Passenger Airlines segment. The Passenger Airlines segment comprises Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.

Deutsche Lufthansa AG (HAM:LHA) Headlines

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