BLSFY (BlueScope Steel) Gross Margin % : 39.24% (As of Jun. 2024)

View and export this data going back to 2008. Start your Free Trial

What is BlueScope Steel Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BlueScope Steel's Gross Profit for the six months ended in Jun. 2024 was $2,207 Mil. BlueScope Steel's Revenue for the six months ended in Jun. 2024 was $5,625 Mil. Therefore, BlueScope Steel's Gross Margin % for the quarter that ended in Jun. 2024 was 39.24%.

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

BLSFY' s Gross Margin % Range Over the Past 10 Years
Min: 36.44 Med: 42.17 Max: 45.4
Current: 38.99

During the past 13 years, the highest Gross Margin % of BlueScope Steel was 45.40%. The lowest was 36.44%. And the median was 42.17%.

BLSFY's Gross Margin % is ranked better than
92.83% of 600 companies
in the Steel industry
Industry Median: 11.595 vs BLSFY: 38.99

BlueScope Steel had a gross margin of 39.24% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for BlueScope Steel was -0.80% per year.

BlueScope Steel Gross Margin % Historical Data

The historical data trend for BlueScope Steel'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.

BlueScope Steel Gross Margin % Chart

BlueScope Steel Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Gross Margin %

Get a 7-Day Free Trial

38.55

42.51

43.51

36.44

38.99

BlueScope Steel 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															40.53	35.43	37.51	38.73	39.24

Competitive Comparison of BlueScope Steel's Gross Margin %

For the Steel subindustry, BlueScope Steel'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.

BlueScope Steel's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BlueScope Steel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BlueScope Steel's Gross Margin % falls into.

BlueScope Steel Gross Margin % Calculation

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

BlueScope Steel'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 )
	=	4403.3	/	11294.422
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11294.422 - 6891.168)	/	11294.422
	=	38.99 %

BlueScope Steel'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 )
	=	2207.3	/	5624.568
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5624.568 - 3417.264)	/	5624.568
	=	39.24 %

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.

BlueScope Steel (OTCPK:BLSFY) 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

BlueScope Steel had a gross margin of 39.24% 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.

BlueScope Steel Gross Margin % Related Terms

Thank you for viewing the detailed overview of BlueScope Steel's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

BlueScope Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BlueScope Steel Ltd (OTCPK:BLSFY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

BLSFF:USA BH5:Germany BSL:Australia

Address

181 William Street, Level 24, Melbourne, VIC, AUS, 3000

Website

https://www.bluescope.com

BlueScope is an Australia-based steelmaker with five business units. The Australian steel products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's US minimill, specializing in the production of hot rolled coil for US construction and automotive sectors. Building products Asia operates across Southeast Asia, China, and India, and the US building and coated products North America is involved in metal coating and painting, and the supply to nonresidential construction projects using BlueScope's materials. New Zealand steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands.