Hidrovias DO Brasil (BSP:HBSA3) Gross Margin %: 26.36% (As of Mar. 2026) — 23% Below Median


BSP:HBSA3 Hidrovias DO Brasil SA BSP:HBSA3
61 GF Score
Price R$3.72
GF Value R$2.70
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hidrovias DO Brasil Gross Margin %?

Hidrovias DO Brasil BSP:HBSA3 +0.81% 61 Gross Margin % is 26.36% as of Mar. 2026, which is 23% below its 10-year median of 34.13. GuruFocus rates BSP:HBSA3 with a GF Score™ of 61/100 and a GF Value™ of R$2.70 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 977 Transportation companies, Hidrovias DO Brasil ranks better than 79.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hidrovias DO Brasil's Gross Profit for the three months ended in Mar. 2026 was R$117 Mil. Hidrovias DO Brasil's Revenue for the three months ended in Mar. 2026 was R$445 Mil. Therefore, Hidrovias DO Brasil's Gross Margin % for the quarter that ended in Mar. 2026 was 26.36%.


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

BSP:HBSA3' s Gross Margin % Range Over the Past 10 Years
Min: 18.82   Med: 34.13   Max: 49.56
Current: 37.96


During the past 13 years, the highest Gross Margin % of Hidrovias DO Brasil was 49.56%. The lowest was 18.82%. And the median was 34.13%.

BSP:HBSA3's Gross Margin % is ranked better than
79.63% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs BSP:HBSA3: 37.96

Hidrovias DO Brasil had a gross margin of 26.36% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hidrovias DO Brasil was 5.90% per year.


Hidrovias DO Brasil  (BSP:HBSA3) 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

Hidrovias DO Brasil had a gross margin of 26.36% for the quarter that ended in Mar. 2026 => 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.


Hidrovias DO Brasil Gross Margin % Related Terms


Hidrovias DO Brasil Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hidrovias DO Brasil'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.

Hidrovias DO Brasil Gross Margin % Chart

Hidrovias DO Brasil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.04 34.97 35.43 18.82 40.52

Hidrovias DO Brasil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 39.14 45.68 45.99 27.95 26.36

BSP:HBSA3 vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, Hidrovias DO Brasil'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.


Hidrovias DO Brasil Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Hidrovias DO Brasil's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hidrovias DO Brasil's Gross Margin % falls into.


BSP:HBSA3
61GF Score
Hidrovias DO Brasil SA BSP:HBSA3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hidrovias DO Brasil Gross Margin % Calculation

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

Hidrovias DO Brasil's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=908.1 / 2241.099
=(Revenue - Cost of Goods Sold) / Revenue
=(2241.099 - 1333.041) / 2241.099
=40.52 %

Hidrovias DO Brasil's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=117.3 / 445.163
=(Revenue - Cost of Goods Sold) / Revenue
=(445.163 - 327.816) / 445.163
=26.36 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 26.36% mean?
Hidrovias DO Brasil (BSP:HBSA3) has a Gross Margin % of 26.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hidrovias DO Brasil and its competitors. This is 23% below median its historical median of 34.13. Over the past decade, Hidrovias DO Brasil's Gross Margin % has ranged from 18.82 to 49.56. According to the industry distribution chart, Hidrovias DO Brasil ranks #199 out of 977 companies in the Transportation industry, placing it in the top 20.4%.
Is Hidrovias DO Brasil's Gross Margin % too high?
Hidrovias DO Brasil's current Gross Margin % of 26.36% is 23% below median its 10-year median of 34.13. Over the past 10 years, this metric has ranged from a low of 18.82 to a high of 49.56. The Transportation industry median Gross Margin % is 20.42. Hidrovias DO Brasil's value of 26.36% is 29.1% above this industry median. Based on the distribution chart, Hidrovias DO Brasil ranks #199 out of 977 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Hidrovias DO Brasil has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hidrovias DO Brasil's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, Hidrovias DO Brasil ranks #199 out of 977 companies for Gross Margin %. This places Hidrovias DO Brasil in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.42. Hidrovias DO Brasil's value of 26.36% is 29.1% above this benchmark. Historically, Hidrovias DO Brasil's own Gross Margin % has ranged from 18.82 to 49.56 over the past decade. While the company's 10-year median is 34.13 vs. the industry median of 20.42, Hidrovias DO Brasil has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hidrovias DO Brasil's current Gross Margin % of 26.36% is 29.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Hidrovias DO Brasil and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hidrovias DO Brasil's current Gross Margin % is 26.36%, which is 23% below median its own 10-year median of 34.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hidrovias DO Brasil stock overvalued right now?
Based on GuruFocus' analysis, Hidrovias DO Brasil (BSP:HBSA3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$2.70, compared to a current price of R$3.72 — trading 37.8% above its estimated fair value. The current Gross Margin % is 26.36%, which is 23% below median its 10-year median of 34.13 and 29.1% above the Transportation industry median of 20.42. Hidrovias DO Brasil's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Hidrovias DO Brasil (BSP:HBSA3), the current Gross Margin % is 26.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hidrovias DO Brasil (BSP:HBSA3) Overvalued in 2026?

Based on GuruFocus' analysis, Hidrovias DO Brasil stock appears to be overvalued. The current stock price of R$3.72 is trading 37.8% above its estimated GF Value™ of R$2.70. GuruFocus considers Hidrovias DO Brasil to be Significantly Overvalued.

Key valuation signals for BSP:HBSA3:

  • Gross Margin %: 26.36% (23% below median its 10-year median of 34.13)
  • GF Value™: R$2.70 vs. price of R$3.72 (37.8% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 29.1% above the Transportation median (#199 of 977)

No single metric tells the full story. See the BSP:HBSA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hidrovias DO Brasil Business Description

Address Avenida Brigadeiro Luis Antonio, 1343, 7th Floor, bairro Bela Vista, Sao Paulo, SP, BRA, 01317-001
Hidrovias DO Brasil SA provides integrated logistics solutions for waterway handling and transportation in Brazil and abroad. Its activities include transportation of goods; construction and operation of ports, cargo terminals, shipyards, workshops, and warehouses; river and sea navigation, coastal navigation, and storage of goods; provision of logistics services, either directly or through third parties; other related activities or activities that are somehow related to its business purpose. Its segments include North Corridor, South Corridor, and Santos, with the majority of the revenue deriving from North Corridor segment that provides integrated logistics services for the transportation of products through cargo transshipment and river navigation.
61GF Score

Get the complete analysis for BSP:HBSA3

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$3.72
Price
R$2.70
GF Value