The historical rank and industry rank for Norsk Hydro ASA's Gross Margin % or its related term are showing as below:
NHYDY'
s Gross Margin % Range Over the Past 10 Years
Min: 30.41 Med: 35.35 Max: 40.63
Current: 36.2
During the past 13 years, the highestGross Margin % of Norsk Hydro ASA was 40.63%. The lowest was 30.41%. And the median was 35.35%.
NHYDY's Gross Margin % is ranked better than 70.64% of 705
companies
in the Metals & Mining industry
Industry Median: 19.4
vs NHYDY: 36.20
Norsk Hydro ASA had a gross margin of 51.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Norsk Hydro ASA was 3.50% per year.
Norsk Hydro ASA Gross Margin % Historical Data
The historical data trend for Norsk Hydro ASA'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 Norsk Hydro ASA's Gross Margin %
For the Aluminum subindustry, Norsk Hydro ASA'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.
Norsk Hydro ASA's Gross Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA'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.
Norsk Hydro ASA (OTCPK:NHYDY) 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
Norsk Hydro ASA had a gross margin of 51.28% for the quarter that ended in Dec. 2023 => Durable 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.
Norsk Hydro ASA Gross Margin % Related Terms
Thank you for viewing the detailed overview of Norsk Hydro ASA's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Norsk Hydro ASA (Norsk Hydro ASA) Business Description
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, and Hydro Energy, as well as the Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.
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