Mader Group (ASX:MAD) Gross Margin % : 22.40% (As of Dec. 2023)

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What is Mader Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mader Group's Gross Profit for the six months ended in Dec. 2023 was A$83.9 Mil. Mader Group's Revenue for the six months ended in Dec. 2023 was A$374.4 Mil. Therefore, Mader Group's Gross Margin % for the quarter that ended in Dec. 2023 was 22.40%.

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

ASX:MAD' s Gross Margin % Range Over the Past 10 Years
Min: 19.18 Med: 19.78 Max: 22.99
Current: 22.99

During the past 4 years, the highest Gross Margin % of Mader Group was 22.99%. The lowest was 19.18%. And the median was 19.78%.

ASX:MAD's Gross Margin % is ranked worse than
70.34% of 988 companies
in the Business Services industry
Industry Median: 34.34 vs ASX:MAD: 22.99

Mader Group had a gross margin of 22.40% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Mader Group was 0.00% per year.

Mader Group Gross Margin % Historical Data

The historical data trend for Mader Group'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.

Mader Group Gross Margin % Chart

Mader Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Gross Margin %

20.01

19.18

19.54

22.31

Mader Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial					19.18	19.86	20.74	23.66	22.40

Competitive Comparison of Mader Group's Gross Margin %

For the Specialty Business Services subindustry, Mader Group'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.

Mader Group's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mader Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mader Group's Gross Margin % falls into.

Mader Group Gross Margin % Calculation

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

Mader Group's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	135.9	/	608.793
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(608.793 - 472.942)	/	608.793
	=	22.31 %

Mader Group'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 )
	=	83.9	/	374.425
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(374.425 - 290.549)	/	374.425
	=	22.40 %

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.

Mader Group (ASX:MAD) 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

Mader Group had a gross margin of 22.40% for the quarter that ended in Dec. 2023 => 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.

Mader Group Gross Margin % Related Terms

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Mader Group (ASX:MAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mader Group Ltd (ASX:MAD) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

MADGF:USA

Address

2 George Wiencke Drive, Perth Airport, Suite A1, Hkew Alpha Building, Perth, WA, AUS, 6105

Website

https://www.madergroup.com.au

Mader Group Ltd is a maintenance services company that supplies tradespeople to resource industry customers. It provides specialized contract labour for the maintenance of heavy mobile equipment in the resources industry. The services provided include maintenance labour, field support, shutdown teams for overhauls, maintenance workshops, training of maintenance teams, and a range of other ancillary services. Its geographical segments include Australia, the United States, and others, of which the majority of the revenue comes from Australia.

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