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Natuzzi SPA (Natuzzi SPA) Gross Margin % : 35.38% (As of Sep. 2023)


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What is Natuzzi SPA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Natuzzi SPA's Gross Profit for the three months ended in Sep. 2023 was $28.3 Mil. Natuzzi SPA's Revenue for the three months ended in Sep. 2023 was $79.9 Mil. Therefore, Natuzzi SPA's Gross Margin % for the quarter that ended in Sep. 2023 was 35.38%.


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

NTZ' s Gross Margin % Range Over the Past 10 Years
Min: 27.52   Med: 30.21   Max: 35.8
Current: 35.8


During the past 13 years, the highest Gross Margin % of Natuzzi SPA was 35.80%. The lowest was 27.52%. And the median was 30.21%.

NTZ's Gross Margin % is ranked better than
68.3% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.53 vs NTZ: 35.80

Natuzzi SPA had a gross margin of 35.38% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Natuzzi SPA was 5.00% per year.


Natuzzi SPA Gross Margin % Historical Data

The historical data trend for Natuzzi SPA'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.

Natuzzi SPA Gross Margin % Chart

Natuzzi SPA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.82 29.35 31.07 35.69 34.78

Natuzzi SPA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 37.65 35.81 35.54 36.41 35.38

Competitive Comparison of Natuzzi SPA's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Natuzzi SPA'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.


Natuzzi SPA's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Natuzzi SPA's Gross Margin % distribution charts can be found below:

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



Natuzzi SPA Gross Margin % Calculation

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

Natuzzi SPA's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=172.6 / 496.279
=(Revenue - Cost of Goods Sold) / Revenue
=(496.279 - 323.695) / 496.279
=34.78 %

Natuzzi SPA'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 )
=28.3 / 79.936
=(Revenue - Cost of Goods Sold) / Revenue
=(79.936 - 51.654) / 79.936
=35.38 %

* 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.


Natuzzi SPA  (NYSE:NTZ) 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

Natuzzi SPA had a gross margin of 35.38% for the quarter that ended in Sep. 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.


Natuzzi SPA Gross Margin % Related Terms

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Natuzzi SPA (Natuzzi SPA) Business Description

Traded in Other Exchanges
N/A
Address
Via Iazzitiello 47, Santeramo in Colle, Bari, ITA, 70029
Natuzzi SPA is an Italian firm that designs, manufactures, and sells contemporary and traditional leather and fabric-upholstered furniture. Its product portfolio including sofas, loveseats, armchairs, sectional furniture, motion furniture and sofa beds, living room furnishings, and accessories. The company markets its products under several brands such as Natuzzi Italia, Private label, and Natuzzi Editions. Geographically, it derives a majority of revenue from the United States of America and also has an international presence in Italy, Spain, UK, Spain, Spain and Other countries.