GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Movida Participacoes SA (BSP:MOVI3) » Definitions » Gross Margin %

Movida Participacoes (BSP:MOVI3) Gross Margin % : 28.23% (As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Movida Participacoes Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Movida Participacoes's Gross Profit for the three months ended in Jun. 2024 was R$970 Mil. Movida Participacoes's Revenue for the three months ended in Jun. 2024 was R$3,436 Mil. Therefore, Movida Participacoes's Gross Margin % for the quarter that ended in Jun. 2024 was 28.23%.


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

BSP:MOVI3' s Gross Margin % Range Over the Past 10 Years
Min: 21.19   Med: 26.13   Max: 44.75
Current: 25.44


During the past 10 years, the highest Gross Margin % of Movida Participacoes was 44.75%. The lowest was 21.19%. And the median was 26.13%.

BSP:MOVI3's Gross Margin % is ranked worse than
65.49% of 994 companies
in the Business Services industry
Industry Median: 34.88 vs BSP:MOVI3: 25.44

Movida Participacoes had a gross margin of 28.23% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Movida Participacoes was 3.70% per year.


Movida Participacoes Gross Margin % Historical Data

The historical data trend for Movida Participacoes'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.

Movida Participacoes Gross Margin % Chart

Movida Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.49 21.19 44.75 38.77 26.77

Movida Participacoes Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 34.61 30.24 9.92 30.85 28.23

Competitive Comparison of Movida Participacoes's Gross Margin %

For the Rental & Leasing Services subindustry, Movida Participacoes'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.


Movida Participacoes's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Movida Participacoes's Gross Margin % falls into.



Movida Participacoes Gross Margin % Calculation

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

Movida Participacoes's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2768.5 / 10342.015
=(Revenue - Cost of Goods Sold) / Revenue
=(10342.015 - 7573.494) / 10342.015
=26.77 %

Movida Participacoes'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 )
=970 / 3435.603
=(Revenue - Cost of Goods Sold) / Revenue
=(3435.603 - 2465.595) / 3435.603
=28.23 %

* 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.


Movida Participacoes  (BSP:MOVI3) 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

Movida Participacoes had a gross margin of 28.23% 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.


Movida Participacoes Gross Margin % Related Terms

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


Movida Participacoes Business Description

Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes Headlines

No Headlines