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Restaurant Brands NZ (Restaurant Brands NZ) Gross Margin % : 12.90% (As of Dec. 2023)


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What is Restaurant Brands NZ Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Restaurant Brands NZ's Gross Profit for the six months ended in Dec. 2023 was $54.7 Mil. Restaurant Brands NZ's Revenue for the six months ended in Dec. 2023 was $424.4 Mil. Therefore, Restaurant Brands NZ's Gross Margin % for the quarter that ended in Dec. 2023 was 12.90%.

Warning Sign:

Restaurant Brands NZ Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.3%.


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

RTBRF' s Gross Margin % Range Over the Past 10 Years
Min: 11.86   Med: 15.28   Max: 18.36
Current: 11.86


During the past 13 years, the highest Gross Margin % of Restaurant Brands NZ was 18.36%. The lowest was 11.86%. And the median was 15.28%.

RTBRF's Gross Margin % is ranked worse than
94.17% of 343 companies
in the Restaurants industry
Industry Median: 47.22 vs RTBRF: 11.86

Restaurant Brands NZ had a gross margin of 12.90% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Restaurant Brands NZ was -6.30% per year.


Restaurant Brands NZ Gross Margin % Historical Data

The historical data trend for Restaurant Brands NZ'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.

Restaurant Brands NZ Gross Margin % Chart

Restaurant Brands NZ Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.09 14.64 14.59 13.07 11.86

Restaurant Brands NZ Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 13.28 13.35 12.82 10.76 12.90

Competitive Comparison of Restaurant Brands NZ's Gross Margin %

For the Restaurants subindustry, Restaurant Brands NZ'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.


Restaurant Brands NZ's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands NZ's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Restaurant Brands NZ's Gross Margin % falls into.



Restaurant Brands NZ Gross Margin % Calculation

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

Restaurant Brands NZ'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 )
=97.6 / 822.767
=(Revenue - Cost of Goods Sold) / Revenue
=(822.767 - 725.172) / 822.767
=11.86 %

Restaurant Brands NZ'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 )
=54.7 / 424.416
=(Revenue - Cost of Goods Sold) / Revenue
=(424.416 - 369.682) / 424.416
=12.90 %

* 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.


Restaurant Brands NZ  (OTCPK:RTBRF) 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

Restaurant Brands NZ had a gross margin of 12.90% 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.


Restaurant Brands NZ Gross Margin % Related Terms

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Restaurant Brands NZ (Restaurant Brands NZ) Business Description

Traded in Other Exchanges
Address
666 Great South Road, Level 3, Level 3, Building 7, Central Park, Penrose, Auckland, NTL, NZL, 1051
Restaurant Brands NZ Ltd, together with its subsidiaries, operates quick service and takeaway restaurant concepts. The company's business includes KFC and Carl's Jr. It has various brands, consisting of KFC New Zealand, KFC Australia, Taco Bell, and Carl's Jr. stores. The company has purchased approximately more than 90 KFC stores in New South Wales, Australia, and also acquired the New Zealand franchise for Carl's Jr.

Restaurant Brands NZ (Restaurant Brands NZ) Headlines

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