Greenyard NV (LTS:0JZ8) Gross Margin % : 6.43% (As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Greenyard NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Greenyard NV's Gross Profit for the six months ended in Sep. 2023 was €162 Mil. Greenyard NV's Revenue for the six months ended in Sep. 2023 was €2,521 Mil. Therefore, Greenyard NV's Gross Margin % for the quarter that ended in Sep. 2023 was 6.43%.

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

LTS:0JZ8' s Gross Margin % Range Over the Past 10 Years
Min: 5.09 Med: 6.74 Max: 44.28
Current: 6.33

During the past 13 years, the highest Gross Margin % of Greenyard NV was 44.28%. The lowest was 5.09%. And the median was 6.74%.

LTS:0JZ8's Gross Margin % is ranked worse than
94.53% of 311 companies
in the Retail - Defensive industry
Industry Median: 22.74 vs LTS:0JZ8: 6.33

Greenyard NV had a gross margin of 6.43% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Greenyard NV was 1.60% per year.

Greenyard NV Gross Margin % Historical Data

The historical data trend for Greenyard NV'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.

Greenyard NV Gross Margin % Chart

Greenyard NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

Get a 7-Day Free Trial

5.09

6.10

6.73

6.70

6.28

Greenyard NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial															6.80	6.60	6.34	6.23	6.43

Competitive Comparison of Greenyard NV's Gross Margin %

For the Food Distribution subindustry, Greenyard NV'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.

Greenyard NV's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Greenyard NV's Gross Margin % distribution charts can be found below:

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

Greenyard NV Gross Margin % Calculation

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

Greenyard NV's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	294.7	/	4690.11
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4690.11 - 4395.409)	/	4690.11
	=	6.28 %

Greenyard NV's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	162	/	2521.266
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2521.266 - 2359.221)	/	2521.266
	=	6.43 %

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.

Greenyard NV (LTS:0JZ8) 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

Greenyard NV had a gross margin of 6.43% for the quarter that ended in Sep. 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.

Greenyard NV Gross Margin % Related Terms

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

Greenyard NV (LTS:0JZ8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Greenyard NV (LTS:0JZ8) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

2P1:Germany GREEN:Belgium

Address

Strijbroek 10, Sint-Katelijne-Waver, BEL, BE-2860

Website

https://www.greenyard.group

Greenyard NV is a Belgium-based company that operates as a processor of field-fresh fruits and vegetables. It produces and supplies food products with a long shelf-life. The company's business is split into two segments, Fresh and Long Fresh. Fresh is mainly active in fresh products, fruit, and vegetables, flowers and plants, and logistics of fresh produce. There are two divisions in the Long Fresh segment, Frozen, and Prepared activities. Produce is frozen immediately after harvesting and preparation. At Prepared, it includes freshly preserved fruit, vegetables, mushrooms, and other ambient food products. The company's majority share of revenue is generated from Fresh products.

Greenyard NV (LTS:0JZ8) Headlines

No Headlines