Mills Locacao Servicos e Logistica (BSP:MILS3) Gross Margin %: 60.59% (As of Mar. 2026) — 29% Above Median


BSP:MILS3 Mills Locacao Servicos e Logistica SA BSP:MILS3
89 GF Score
Price R$15.44
GF Value R$15.35
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mills Locacao Servicos e Logistica Gross Margin %?

Mills Locacao Servicos e Logistica BSP:MILS3 -0.06% 89 Gross Margin % is 60.59% as of Mar. 2026, which is 29% above its 10-year median of 47.00. GuruFocus rates BSP:MILS3 with a GF Score™ of 89/100 and a GF Value™ of R$15.35 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,008 Business Services companies, Mills Locacao Servicos e Logistica ranks better than 78.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mills Locacao Servicos e Logistica's Gross Profit for the three months ended in Mar. 2026 was R$279 Mil. Mills Locacao Servicos e Logistica's Revenue for the three months ended in Mar. 2026 was R$461 Mil. Therefore, Mills Locacao Servicos e Logistica's Gross Margin % for the quarter that ended in Mar. 2026 was 60.59%.


The historical rank and industry rank for Mills Locacao Servicos e Logistica's Gross Margin % or its related term are showing as below:

BSP:MILS3' s Gross Margin % Range Over the Past 10 Years
Min: -5.62   Med: 47   Max: 64.44
Current: 61.9


During the past 13 years, the highest Gross Margin % of Mills Locacao Servicos e Logistica was 64.44%. The lowest was -5.62%. And the median was 47.00%.

BSP:MILS3's Gross Margin % is ranked better than
78.47% of 1008 companies
in the Business Services industry
Industry Median: 34.515 vs BSP:MILS3: 61.90

Mills Locacao Servicos e Logistica had a gross margin of 60.59% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mills Locacao Servicos e Logistica was 8.10% per year.


Mills Locacao Servicos e Logistica  (BSP:MILS3) 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

Mills Locacao Servicos e Logistica had a gross margin of 60.59% for the quarter that ended in Mar. 2026 => 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.


Mills Locacao Servicos e Logistica Gross Margin % Related Terms


Mills Locacao Servicos e Logistica Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mills Locacao Servicos e Logistica'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.

Mills Locacao Servicos e Logistica Gross Margin % Chart

Mills Locacao Servicos e Logistica 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 54.60 63.65 64.44 62.06 62.74

Mills Locacao Servicos e Logistica 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 64.17 63.99 62.55 60.60 60.59

BSP:MILS3 vs URI, SUNB, AER: Gross Margin % Comparison

For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica'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.


Mills Locacao Servicos e Logistica Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mills Locacao Servicos e Logistica's Gross Margin % falls into.


BSP:MILS3
89GF Score
Mills Locacao Servicos e Logistica SA BSP:MILS3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mills Locacao Servicos e Logistica Gross Margin % Calculation

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

Mills Locacao Servicos e Logistica'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 )
=1153.1 / 1837.835
=(Revenue - Cost of Goods Sold) / Revenue
=(1837.835 - 684.755) / 1837.835
=62.74 %

Mills Locacao Servicos e Logistica'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 )
=279.4 / 461.191
=(Revenue - Cost of Goods Sold) / Revenue
=(461.191 - 181.774) / 461.191
=60.59 %

* 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 60.59% mean?
Mills Locacao Servicos e Logistica (BSP:MILS3) has a Gross Margin % of 60.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mills Locacao Servicos e Logistica and its competitors. This is 29% above median its historical median of 47.00. According to the industry distribution chart, Mills Locacao Servicos e Logistica ranks #217 out of 1008 companies in the Business Services industry, placing it in the top 21.5%.
Is Mills Locacao Servicos e Logistica's Gross Margin % too high?
Mills Locacao Servicos e Logistica's current Gross Margin % of 60.59% is 29% above median its 10-year median of 47.00. The Business Services industry median Gross Margin % is 34.52. Mills Locacao Servicos e Logistica's value of 60.59% is 75.5% above this industry median. Based on the distribution chart, Mills Locacao Servicos e Logistica ranks #217 out of 1008 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Mills Locacao Servicos e Logistica has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mills Locacao Servicos e Logistica's Gross Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, Mills Locacao Servicos e Logistica ranks #217 out of 1008 companies for Gross Margin %. This places Mills Locacao Servicos e Logistica in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 34.52. Mills Locacao Servicos e Logistica's value of 60.59% is 75.5% above this benchmark. While the company's 10-year median is 47.00 vs. the industry median of 34.52, Mills Locacao Servicos e Logistica 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.52, based on 1,008 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. Mills Locacao Servicos e Logistica's current Gross Margin % of 60.59% is 75.5% 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 Mills Locacao Servicos e Logistica and its competitors. For the Business Services industry, the median Gross Margin % is 34.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mills Locacao Servicos e Logistica's current Gross Margin % is 60.59%, which is 29% above median its own 10-year median of 47.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mills Locacao Servicos e Logistica stock overvalued right now?
Based on GuruFocus' analysis, Mills Locacao Servicos e Logistica (BSP:MILS3) is currently considered Fairly Valued. The stock's GF Value™ is R$15.35, compared to a current price of R$15.44 — trading 0.6% above its estimated fair value. The current Gross Margin % is 60.59%, which is 29% above median its 10-year median of 47.00 and 75.5% above the Business Services industry median of 34.52. Mills Locacao Servicos e Logistica's overall GF Score™ is 89/100 with 5 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 Mills Locacao Servicos e Logistica (BSP:MILS3), the current Gross Margin % is 60.59% 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 Mills Locacao Servicos e Logistica (BSP:MILS3) Overvalued in 2026?

Based on GuruFocus' analysis, Mills Locacao Servicos e Logistica stock appears to be overvalued. The current stock price of R$15.44 is trading 0.6% above its estimated GF Value™ of R$15.35. GuruFocus considers Mills Locacao Servicos e Logistica to be Fairly Valued.

Key valuation signals for BSP:MILS3:

  • Gross Margin %: 60.59% (29% above median its 10-year median of 47.00)
  • GF Value™: R$15.35 vs. price of R$15.44 (0.6% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 75.5% above the Business Services median (#217 of 1008)

No single metric tells the full story. See the BSP:MILS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mills Locacao Servicos e Logistica Business Description

Address Avenida Euzebio Matoso, n 1375, Suites n 1101, 1102, 1201 and 1202, 11th and 12th floors, Sao Paulo, SP, BRA, 05423-180
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Formwork and Shoring segment and Rental segment, and the majority of the revenue derives from the Rental business segment.
89GF Score

Get the complete analysis for BSP:MILS3

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

R$15.44
Price
R$15.35
GF Value