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MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Gross Margin % : 7.50% (As of Dec. 2023)


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What is MOL Hungarian Oil and Gas Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MOL Hungarian Oil and Gas's Gross Profit for the three months ended in Dec. 2023 was $476 Mil. MOL Hungarian Oil and Gas's Revenue for the three months ended in Dec. 2023 was $6,348 Mil. Therefore, MOL Hungarian Oil and Gas's Gross Margin % for the quarter that ended in Dec. 2023 was 7.50%.


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

MGYXY' s Gross Margin % Range Over the Past 10 Years
Min: 3.85   Med: 16.08   Max: 19.9
Current: 16.59


During the past 13 years, the highest Gross Margin % of MOL Hungarian Oil and Gas was 19.90%. The lowest was 3.85%. And the median was 16.08%.

MGYXY's Gross Margin % is ranked worse than
64.58% of 926 companies
in the Oil & Gas industry
Industry Median: 27.875 vs MGYXY: 16.59

MOL Hungarian Oil and Gas had a gross margin of 7.50% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MOL Hungarian Oil and Gas was 5.30% per year.


MOL Hungarian Oil and Gas Gross Margin % Historical Data

The historical data trend for MOL Hungarian Oil and Gas'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.

MOL Hungarian Oil and Gas Gross Margin % Chart

MOL Hungarian Oil and Gas 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 15.20 12.54 19.77 19.90 16.94

MOL Hungarian Oil and Gas 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 9.20 18.12 18.12 22.41 7.50

Competitive Comparison of MOL Hungarian Oil and Gas's Gross Margin %

For the Oil & Gas Integrated subindustry, MOL Hungarian Oil and Gas'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.


MOL Hungarian Oil and Gas's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MOL Hungarian Oil and Gas's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MOL Hungarian Oil and Gas's Gross Margin % falls into.



MOL Hungarian Oil and Gas Gross Margin % Calculation

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

MOL Hungarian Oil and Gas'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 )
=4104.8 / 24236.825
=(Revenue - Cost of Goods Sold) / Revenue
=(24236.825 - 20132.061) / 24236.825
=16.94 %

MOL Hungarian Oil and Gas'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 )
=475.8 / 6347.997
=(Revenue - Cost of Goods Sold) / Revenue
=(6347.997 - 5872.173) / 6347.997
=7.50 %

* 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.


MOL Hungarian Oil and Gas  (GREY:MGYXY) 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

MOL Hungarian Oil and Gas had a gross margin of 7.50% for the quarter that ended in Dec. 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.


MOL Hungarian Oil and Gas Gross Margin % Related Terms

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MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Business Description

Address
Dombovari ut 28, Budapest, HUN, H-1117
MOL Hungarian Oil and Gas PLC is a multinational integrated oil and gas company. The group has various segments which include Upstream, Downstream, Consumer services, Gas midstream, and Corporate and other. The Downstream segment derives the majority of the revenue which consists of different business activities that are part of an integrated value chain that turns crude oil into a range of refined products, which are moved and marketed for household, industrial, and transport use. Geographically its sales come from Hungary, Croatia, Slovakia, Italy, Czech Republic, Romania, Austria, Europe, and the Rest of the World.

MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Headlines

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