Evonik Industries AG (WBO:EVK) COGS-to-Revenue : 0.79 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Evonik Industries AG COGS-to-Revenue?

Evonik Industries AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €2,851 Mil. Its Revenue for the three months ended in Dec. 2023 was €3,605 Mil.

Evonik Industries AG's COGS to Revenue for the three months ended in Dec. 2023 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Evonik Industries AG's Gross Margin % for the three months ended in Dec. 2023 was 20.92%.

Evonik Industries AG COGS-to-Revenue Historical Data

The historical data trend for Evonik Industries AG's COGS-to-Revenue 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.

Evonik Industries AG COGS-to-Revenue Chart

Evonik Industries AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.72

0.73

0.77

0.82

Evonik Industries AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.84	0.78	0.87	0.84	0.79

Evonik Industries AG COGS-to-Revenue Calculation

Evonik Industries AG's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12567	/	15267
	=	0.82

Evonik Industries AG's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2851	/	3605
	=	0.79

Evonik Industries AG (WBO:EVK) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Evonik Industries AG's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2851 / 3605
	=	20.92 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Evonik Industries AG COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Evonik Industries AG's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Evonik Industries AG (WBO:EVK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Evonik Industries AG (WBO:EVK) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

EVKIY:USA EVKIF:USA EVK:Italy EVKd:UK 0QDS:UK EVKA:Germany EVK:Germany EVK:Germany EVK:Germany EVK:Germany

Address

Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128

Website

https://www.evonik.com

Evonik Industries is a German chemical company offering a mix of speciality and commodity chemical products. It has a number-one to -three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for 25% and 20% of sales, respectively. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.

Evonik Industries AG (WBO:EVK) Headlines

No Headlines