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Pact Group Holdings (ASX:PGH) Gross Margin % : 54.21% (As of Jun. 2024)


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What is Pact Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pact Group Holdings's Gross Profit for the six months ended in Jun. 2024 was A$491 Mil. Pact Group Holdings's Revenue for the six months ended in Jun. 2024 was A$906 Mil. Therefore, Pact Group Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 54.21%.


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

ASX:PGH' s Gross Margin % Range Over the Past 10 Years
Min: 53.89   Med: 56.34   Max: 58.32
Current: 54.12


During the past 11 years, the highest Gross Margin % of Pact Group Holdings was 58.32%. The lowest was 53.89%. And the median was 56.34%.

ASX:PGH's Gross Margin % is ranked better than
95.53% of 380 companies
in the Packaging & Containers industry
Industry Median: 21.03 vs ASX:PGH: 54.12

Pact Group Holdings had a gross margin of 54.21% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pact Group Holdings was -0.50% per year.


Pact Group Holdings Gross Margin % Historical Data

The historical data trend for Pact Group Holdings'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.

Pact Group Holdings Gross Margin % Chart

Pact Group Holdings 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 56.54 58.32 55.17 53.89 54.12

Pact Group Holdings 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 53.36 53.30 54.50 54.03 54.21

Competitive Comparison of Pact Group Holdings's Gross Margin %

For the Packaging & Containers subindustry, Pact Group Holdings'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.


Pact Group Holdings's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pact Group Holdings's Gross Margin % distribution charts can be found below:

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



Pact Group Holdings Gross Margin % Calculation

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

Pact Group Holdings'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 )
=976.1 / 1803.687
=(Revenue - Cost of Goods Sold) / Revenue
=(1803.687 - 827.552) / 1803.687
=54.12 %

Pact Group Holdings'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 )
=491.1 / 905.919
=(Revenue - Cost of Goods Sold) / Revenue
=(905.919 - 414.806) / 905.919
=54.21 %

* 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.


Pact Group Holdings  (ASX:PGH) 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

Pact Group Holdings had a gross margin of 54.21% for the quarter that ended in Jun. 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.


Pact Group Holdings Gross Margin % Related Terms

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Pact Group Holdings Business Description

Traded in Other Exchanges
Address
658 Church Street, Building 1, Level 5, Cremorne, Sydney, VIC, AUS, 3121
Pact Group Holdings Ltd is a rigid packaging plastics manufacturer in Australia and New Zealand. The company has three operating segments that includes Packaging and sustainability, Materials Handling & Pooling, and Contract Manufacturing. The majority of its revenue is generated from the Packaging and sustainability segment.