Gross Margin % is calculated as gross profit divided by its revenue. Kesko Oyj's Gross Profit for the
three
months ended in Mar. 2024 was $408 Mil. Kesko Oyj's Revenue for the
three
months ended in Mar. 2024 was $2,999 Mil. Therefore, Kesko Oyj's Gross Margin % for the quarter that ended in Mar. 2024 was 13.61%.
The historical rank and industry rank for Kesko Oyj's Gross Margin % or its related term are showing as below:
KKOYF'
s Gross Margin % Range Over the Past 10 Years
Min: 13.12 Med: 14.21 Max: 14.75
Current: 14.16
During the past 13 years, the highestGross Margin % of Kesko Oyj was 14.75%. The lowest was 13.12%. And the median was 14.21%.
KKOYF's Gross Margin % is ranked worse than 76.85% of 311
companies
in the Retail - Defensive industry
Industry Median: 22.74
vs KKOYF: 14.16
Kesko Oyj had a gross margin of 13.61% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kesko Oyj was 1.20% per year.
Kesko Oyj Gross Margin % Historical Data
The historical data trend for Kesko Oyj'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.
Competitive Comparison of Kesko Oyj's Gross Margin %
For the Grocery Stores subindustry, Kesko Oyj'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.
Kesko Oyj's Gross Margin % Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kesko Oyj's Gross Margin % falls into.
* 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.
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
Kesko Oyj had a gross margin of 13.61% for the quarter that ended in Mar. 2024 => 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.
Kesko Oyj Gross Margin % Related Terms
Thank you for viewing the detailed overview of Kesko Oyj's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.
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