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Superior Industries International (Superior Industries International) Gross Margin %

: 4.81% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Superior Industries International's Gross Profit for the three months ended in Dec. 2023 was $15 Mil. Superior Industries International's Revenue for the three months ended in Dec. 2023 was $309 Mil. Therefore, Superior Industries International's Gross Margin % for the quarter that ended in Dec. 2023 was 4.81%.

Warning Sign:

Superior Industries International Inc gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


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

SUP' s Gross Margin % Range Over the Past 10 Years
Min: 5.96   Med: 8.88   Max: 11.77
Current: 8.36


During the past 13 years, the highest Gross Margin % of Superior Industries International was 11.77%. The lowest was 5.96%. And the median was 8.88%.

SUP's Gross Margin % is ranked worse than
87.48% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs SUP: 8.36

Superior Industries International had a gross margin of 4.81% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Superior Industries International was -1.30% per year.


Superior Industries International Gross Margin % Historical Data

The historical data trend for Superior Industries International'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.

Superior Industries International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.46 5.96 8.28 10.15 8.36

Superior Industries International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 13.63 9.08 11.01 7.83 4.81

Competitive Comparison

For the Auto Parts subindustry, Superior Industries International'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.


Superior Industries International Gross Margin % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Superior Industries International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Superior Industries International's Gross Margin % falls into.



Superior Industries International Gross Margin % Calculation

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

Superior Industries International'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 )
=115.7 / 1385.283
=(Revenue - Cost of Goods Sold) / Revenue
=(1385.283 - 1269.535) / 1385.283
=8.36 %

Superior Industries International'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 )
=14.8 / 308.637
=(Revenue - Cost of Goods Sold) / Revenue
=(308.637 - 293.789) / 308.637
=4.81 %

* 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.


Superior Industries International  (NYSE:SUP) 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

Superior Industries International had a gross margin of 4.81% 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.


Superior Industries International Gross Margin % Related Terms

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


Superior Industries International (Superior Industries International) Business Description

Traded in Other Exchanges
Address
26600 Telegraph Road, Suite 400, Southfield, MI, USA, 48033
Superior Industries International Inc is engaged in the design and manufacture of aluminum wheels for sale to OEMs in North America and Europe and to the aftermarket in Europe. The company's OEM aluminum wheels are primarily sold for factory installation on vehicle models manufactured by BMW (including Mini), Daimler (Mercedes-Benz, AMG, Smart), Ford, GM, Honda, Jaguar-Land Rover, Lucid Motors, Mazda, Nissan, PSA, Renault, Stellantis, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley) and Volvo. It sells aluminum wheels to the European aftermarket under the brands' ATS, RIAL, ALUTEC and ANZIO.
Executives
Mill Road Capital Iii, L.p. 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Timothy Trenary officer: Chief Financial Officer 33583 WOODWARD AVENUE, BIRMINGHAM MI 48009
Parveen Kakar officer: Senior Vice President
Kevin Martin Burke officer: Chief Human Resources Officer 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033
Michael Hatzfeld officer: VP Finance & Corp Controller C/O SUPERIOR INDUSTRIES INTERNATIONAL, 26600 TELEGRAPH RD., STE 400, SOUTHFIELD MI 48033
David M Sherbin officer: Senior VP and General Counsel 4181 AO SOUTHMOOR LANE, WEST BLOOMFIELD MI 48323
Andreas Meyer officer: SVP, President Europe 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033
Raynard D. Benvenuti director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Thomas E Lynch 10 percent owner 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Mill Road Capital Iii Gp Llc 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Michael Dorah officer: SVP, President North America C/O DELPHI TECHNOLOGIES PLC, 1 ANGEL COURT, 10TH FLOOR, LONDON X0 EC2R 7HJ
Majdi Abulaban officer: CEO C/O DELPHI AUTOMOTIVE LLP, 5725 DELPHI DRIVE, TROY MI 48098
Troy W Ford officer: Interim CFO 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033