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Cemex Latam Holdings (BOG:CLH) Gross Margin % : 29.67% (As of Mar. 2023)


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What is Cemex Latam Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cemex Latam Holdings's Gross Profit for the three months ended in Mar. 2023 was COP293,678 Mil. Cemex Latam Holdings's Revenue for the three months ended in Mar. 2023 was COP989,882 Mil. Therefore, Cemex Latam Holdings's Gross Margin % for the quarter that ended in Mar. 2023 was 29.67%.


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


BOG:CLH's Gross Margin % is not ranked *
in the Building Materials industry.
Industry Median: 25.38
* Ranked among companies with meaningful Gross Margin % only.

Cemex Latam Holdings had a gross margin of 29.67% for the quarter that ended in Mar. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cemex Latam Holdings was 0.00% per year.


Cemex Latam Holdings Gross Margin % Historical Data

The historical data trend for Cemex Latam 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.

Cemex Latam Holdings Gross Margin % Chart

Cemex Latam Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.50 38.69 39.75 38.77 32.57

Cemex Latam Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 34.41 31.96 32.46 31.34 29.67

Competitive Comparison of Cemex Latam Holdings's Gross Margin %

For the Building Materials subindustry, Cemex Latam 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.


Cemex Latam Holdings's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemex Latam Holdings's Gross Margin % distribution charts can be found below:

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



Cemex Latam Holdings Gross Margin % Calculation

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

Cemex Latam Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=1259244.2 / 3866294.404
=(Revenue - Cost of Goods Sold) / Revenue
=(3866294.404 - 2607050.23) / 3866294.404
=32.57 %

Cemex Latam Holdings's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=293678.2 / 989882.35
=(Revenue - Cost of Goods Sold) / Revenue
=(989882.35 - 696204.153) / 989882.35
=29.67 %

* 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.


Cemex Latam Holdings  (BOG:CLH) 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

Cemex Latam Holdings had a gross margin of 29.67% for the quarter that ended in Mar. 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.


Cemex Latam Holdings Gross Margin % Related Terms

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Cemex Latam Holdings (BOG:CLH) Business Description

Traded in Other Exchanges
N/A
Address
Calle 99 Edificio 100 Piso 7, No. 9A - 54, Bogota, Cundinamarca, COL
Cemex Latam Holdings SA manufactures and sells cement, aggregates, ready-mix concrete, and mortar. The company's customers include the housing and commercial construction industries as well as the infrastructure building industry. The firm also owns a chain of hardware retail stores, which it uses to distribute its products. Cemex organizes itself into four segments based on product: Cement, Concrete, Aggregates, and Other products. The majority of revenue is derived from the cement segment. The company sells its products throughout Central America, Mexico, and South America. The majority of revenue comes from Colombia.