GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Keppel Ltd (OTCPK:KPELF) » Definitions » Gross Margin %

Keppel (Keppel) Gross Margin % : 28.61% (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Keppel Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Keppel's Gross Profit for the six months ended in Dec. 2023 was $698 Mil. Keppel's Revenue for the six months ended in Dec. 2023 was $2,440 Mil. Therefore, Keppel's Gross Margin % for the quarter that ended in Dec. 2023 was 28.61%.

Warning Sign:

Keppel Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


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

KPELF' s Gross Margin % Range Over the Past 10 Years
Min: 21.83   Med: 30.28   Max: 37.88
Current: 28.25


During the past 13 years, the highest Gross Margin % of Keppel was 37.88%. The lowest was 21.83%. And the median was 30.28%.

KPELF's Gross Margin % is ranked better than
57.71% of 480 companies
in the Conglomerates industry
Industry Median: 25.03 vs KPELF: 28.25

Keppel had a gross margin of 28.61% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Keppel was -4.40% per year.


Keppel Gross Margin % Historical Data

The historical data trend for Keppel'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.

Keppel Gross Margin % Chart

Keppel 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 30.52 30.16 23.13 21.83 28.25

Keppel 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 19.98 21.21 22.48 27.93 28.61

Competitive Comparison of Keppel's Gross Margin %

For the Conglomerates subindustry, Keppel'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.


Keppel's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keppel's Gross Margin % distribution charts can be found below:

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



Keppel Gross Margin % Calculation

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

Keppel'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 )
=1477.2 / 5229.433
=(Revenue - Cost of Goods Sold) / Revenue
=(5229.433 - 3752.282) / 5229.433
=28.25 %

Keppel'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 )
=698 / 2440.134
=(Revenue - Cost of Goods Sold) / Revenue
=(2440.134 - 1742.093) / 2440.134
=28.61 %

* 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.


Keppel  (OTCPK:KPELF) 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

Keppel had a gross margin of 28.61% 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.


Keppel Gross Margin % Related Terms

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


Keppel (Keppel) Business Description

Traded in Other Exchanges
Address
1 HarbourFront Avenue, No 18-01, Keppel Bay Tower, Singapore, SGP, 098632
Singapore-based Keppel is a conglomerate with well diversified businesses. The key operating segments are energy and environment, urban development (including property development), connectivity (including telecommunication services and operation of data centers) and asset management. In 2022, asset management was the largest earnings contributor, representing about one-third of the group's earnings.

Keppel (Keppel) Headlines

From GuruFocus

Deepwater Dynamo: Keppel Corp

By Yiannis Mostrous Yiannis Mostrous 02-13-2012