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Hillenbrand (Hillenbrand) Gross Margin % : 32.46% (As of Dec. 2023)


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What is Hillenbrand Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hillenbrand's Gross Profit for the three months ended in Dec. 2023 was $251 Mil. Hillenbrand's Revenue for the three months ended in Dec. 2023 was $773 Mil. Therefore, Hillenbrand's Gross Margin % for the quarter that ended in Dec. 2023 was 32.46%.

Warning Sign:

Hillenbrand Inc gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


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

HI' s Gross Margin % Range Over the Past 10 Years
Min: 32.31   Med: 34.91   Max: 37.15
Current: 33.79


During the past 13 years, the highest Gross Margin % of Hillenbrand was 37.15%. The lowest was 32.31%. And the median was 34.91%.

HI's Gross Margin % is ranked better than
69.87% of 2937 companies
in the Industrial Products industry
Industry Median: 26.45 vs HI: 33.79

Hillenbrand had a gross margin of 32.46% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hillenbrand was -1.50% per year.


Hillenbrand Gross Margin % Historical Data

The historical data trend for Hillenbrand'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.

Hillenbrand Gross Margin % Chart

Hillenbrand Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.47 32.31 32.67 32.99 33.55

Hillenbrand 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 31.66 33.19 34.45 35.07 32.46

Competitive Comparison of Hillenbrand's Gross Margin %

For the Specialty Industrial Machinery subindustry, Hillenbrand'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.


Hillenbrand's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hillenbrand's Gross Margin % distribution charts can be found below:

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



Hillenbrand Gross Margin % Calculation

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

Hillenbrand's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=948.2 / 2826
=(Revenue - Cost of Goods Sold) / Revenue
=(2826 - 1877.8) / 2826
=33.55 %

Hillenbrand'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 )
=251 / 773.3
=(Revenue - Cost of Goods Sold) / Revenue
=(773.3 - 522.3) / 773.3
=32.46 %

* 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.


Hillenbrand  (NYSE:HI) 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

Hillenbrand had a gross margin of 32.46% 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.


Hillenbrand Gross Margin % Related Terms

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


Hillenbrand (Hillenbrand) Business Description

Traded in Other Exchanges
Address
One Batesville Boulevard, Batesville, IN, USA, 47006
Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.
Executives
Daniel C. Hillenbrand director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen officer: Sr VP, Chief Financial Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan officer: Senior Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell director 1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko officer: Sr. VP and President MTS 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips officer: See Remarks 6365 BIRDIE CIRCLE, GRAYLING MI 49738
J Michael Whitted officer: Sr. VP Strategy & Corp Dev ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ling An-heid officer: Senior Vice President ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke officer: VP, CAO ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel officer: Senior Vice President HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor officer: Sr. Vice President ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Inderpreet Sawhney director HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Neil S Novich director RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Bhavik N. Soni officer: VP & Chief Information Officer ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Michael D Prado officer: VP, Global Supply Management ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006