Hargreaves Services (LSE:HSP) Gross Margin % : 19.27% (As of Nov. 2023)

Hargreaves Services Gross Margin % Chart

Hargreaves Services Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Gross Margin %		Get a 7-Day Free Trial					5.52	10.28	11.40	16.55	18.47

Hargreaves Services Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Gross Margin %	Get a 7-Day Free Trial															15.62	17.25	18.62	18.28	19.27

Competitive Comparison of Hargreaves Services's Gross Margin %

For the Integrated Freight & Logistics subindustry, Hargreaves Services'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.

Hargreaves Services's Gross Margin % Distribution in the Transportation Industry

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

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

Hargreaves Services Gross Margin % Calculation

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

Hargreaves Services's Gross Margin for the fiscal year that ended in May. 2023 is calculated as

Hargreaves Services's Gross Margin for the quarter that ended in Nov. 2023 is calculated as

* 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.

Hargreaves Services  (LSE:HSP) 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

Hargreaves Services had a gross margin of 19.27% for the quarter that ended in Nov. 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.

Hargreaves Services Gross Margin % Related Terms

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Hargreaves Services (LSE:HSP) Business Description