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Gross Margin % is calculated as gross profit divided by its revenue. Ansys's Gross Profit for the three months ended in Sep. 2024 was $533 Mil. Ansys's Revenue for the three months ended in Sep. 2024 was $602 Mil. Therefore, Ansys's Gross Margin % for the quarter that ended in Sep. 2024 was 88.52%.
The historical rank and industry rank for Ansys's Gross Margin % or its related term are showing as below:
During the past 13 years, the highest Gross Margin % of Ansys was 89.03%. The lowest was 83.61%. And the median was 86.54%.
Ansys had a gross margin of 88.52% for the quarter that ended in Sep. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Ansys was -0.10% per year.
The historical data trend for Ansys'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.
Ansys Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Gross Margin % | Get a 7-Day Free Trial | 89.03 | 86.60 | 86.47 | 87.87 | 88.05 |
Ansys Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Gross Margin % | Get a 7-Day Free Trial | 85.78 | 91.30 | 85.28 | 88.33 | 88.52 |
For the Software - Application subindustry, Ansys'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.
For the Software industry and Technology sector, Ansys's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ansys's Gross Margin % falls into.
Gross Margin is the percentage of Gross Profit out of sales or Revenue.
Ansys'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 ) |
= | 1998.7 | / | 2269.949 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (2269.949 - 271.298) | / | 2269.949 | |
= | 88.05 % |
Ansys's Gross Margin for the quarter that ended in Sep. 2024 is calculated as
Gross Margin % (Q: Sep. 2024 ) | = | Gross Profit (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 532.8 | / | 601.892 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (601.892 - 69.109) | / | 601.892 | |
= | 88.52 % |
* 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.
Ansys (NAS:ANSS) 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
Ansys had a gross margin of 88.52% for the quarter that ended in Sep. 2024 => 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.
Thank you for viewing the detailed overview of Ansys's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Glenda Dorchak | director | C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085 |
Ajei Gopal | director | CA, INC., ONE CA PLAZA, ISLANDIA NY 11749 |
Janet Lee | officer: VP, General Counsel | 2600 ANSYS DRIVE, CANONSBURG PA 15317 |
Barbara Vaughn Scherer | director | 337 ENCINAL ST, SANTA CRUZ CA 95060 |
Shane Emswiler | officer: VP and General Manager | 225 WEST STATION SQUARE DRIVE, STE 200, PITTSBURGH PA 15219 |
Walter Hearn | officer: SVP, World Sales & Cust. Exc. | 2600 ANSYS DRIVE, CANONSBURG PA 15317 |
Claire Bramley | director | HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304 |
Richard S. Mahoney | officer: VP, WORLDWIDE SALES & SUPPORT | 2600 ANSYS DRIVE, CANONSBURG PA 15317 |
Maria T Shields | officer: CFO | 2600 ANSYS DRIVE, CANONSBURG PA 15317 |
Anil Chakravarthy | director | C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063 |
Alec D. Gallimore | director | 2600 ANSYS DRIVE, CANONSBURG PA 15317 |
Jim Frankola | director | C/O CLOUDERA INC, 1001 PAGE MILL ROAD, BLDG. 3, PALO ALTO CA 94089 |
Matthew C. Zack | officer: VP, Marketing/Corp Development | 2600 ANSYS DRIVE, CANONSBURG PA 15317 |
Nicole Anasenes | director | 2600 ANSYS DRIVE, CANONSBURG PA 15317 |
Robert Calderoni | director | 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309 |
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