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Alliance Aviation Services (ASX:AQZ) Gross Margin % : 39.13% (As of Jun. 2024)


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What is Alliance Aviation Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alliance Aviation Services's Gross Profit for the six months ended in Jun. 2024 was A$132.5 Mil. Alliance Aviation Services's Revenue for the six months ended in Jun. 2024 was A$338.5 Mil. Therefore, Alliance Aviation Services's Gross Margin % for the quarter that ended in Jun. 2024 was 39.13%.


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

ASX:AQZ' s Gross Margin % Range Over the Past 10 Years
Min: 54.82   Med: 58.04   Max: 67.66
Current: 67.66


During the past 13 years, the highest Gross Margin % of Alliance Aviation Services was 67.66%. The lowest was 54.82%. And the median was 58.04%.

ASX:AQZ's Gross Margin % is ranked better than
95.45% of 946 companies
in the Transportation industry
Industry Median: 19.835 vs ASX:AQZ: 67.66

Alliance Aviation Services had a gross margin of 39.13% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Alliance Aviation Services was 2.90% per year.


Alliance Aviation Services Gross Margin % Historical Data

The historical data trend for Alliance Aviation Services'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.

Alliance Aviation Services Gross Margin % Chart

Alliance Aviation Services Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.87 61.42 54.82 62.33 67.66

Alliance Aviation Services Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 15.83 - 29.95 - 39.13

Competitive Comparison of Alliance Aviation Services's Gross Margin %

For the Airports & Air Services subindustry, Alliance Aviation Services'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.


Alliance Aviation Services's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Alliance Aviation Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Alliance Aviation Services's Gross Margin % falls into.



Alliance Aviation Services Gross Margin % Calculation

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

Alliance Aviation Services's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=431.1 / 637.19
=(Revenue - Cost of Goods Sold) / Revenue
=(637.19 - 206.046) / 637.19
=67.66 %

Alliance Aviation Services's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=132.5 / 338.506
=(Revenue - Cost of Goods Sold) / Revenue
=(338.506 - 206.046) / 338.506
=39.13 %

* 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.


Alliance Aviation Services  (ASX:AQZ) 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

Alliance Aviation Services had a gross margin of 39.13% for the quarter that ended in Jun. 2024 => 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.


Alliance Aviation Services Gross Margin % Related Terms

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Alliance Aviation Services Business Description

Traded in Other Exchanges
N/A
Address
81 Pandanus Avenue, P.O. Box 1126, Brisbane Airport, Brisbane, QLD, AUS, 4009
Alliance Aviation Services Ltd is an aviation services provider. The company is engaged in the provision of contract, charter, and allied aviation services. It serves the mining, energy, tourism, and government sectors. The company also provides specialized aviation services to other airlines and clients including aircraft wet leasing, airport management, aircraft trading, parts sales, engine leasing and engineering services. It derives maximum revenue from Contract services.

Alliance Aviation Services Headlines

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