Marcopolo (BSP:POMO3) Gross Margin %: 22.56% (As of Mar. 2026) — 45% Above Median

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BSP:POMO3 Marcopolo SA BSP:POMO3
89 GF Score
Price R$5.20
GF Value R$6.27
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Marcopolo Gross Margin %?

Marcopolo BSP:POMO3 -0.38% 89 Gross Margin % is 22.56% as of Mar. 2026, which is 45% above its 10-year median of 15.58. GuruFocus rates BSP:POMO3 with a GF Score™ of 89/100 and a GF Value™ of R$6.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Marcopolo ranks worse than 51.43% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Marcopolo's Gross Profit for the three months ended in Mar. 2026 was R$373 Mil. Marcopolo's Revenue for the three months ended in Mar. 2026 was R$1,655 Mil. Therefore, Marcopolo's Gross Margin % for the quarter that ended in Mar. 2026 was 22.56%.


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

BSP:POMO3' s Gross Margin % Range Over the Past 10 Years
Min: 10.18   Med: 15.58   Max: 25.55
Current: 25.49


During the past 13 years, the highest Gross Margin % of Marcopolo was 25.55%. The lowest was 10.18%. And the median was 15.58%.

BSP:POMO3's Gross Margin % is ranked worse than
51.43% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.66 vs BSP:POMO3: 25.49

Marcopolo had a gross margin of 22.56% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Marcopolo was 16.10% per year.


Marcopolo  (BSP:POMO3) 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

Marcopolo had a gross margin of 22.56% 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.


Marcopolo Gross Margin % Related Terms


Marcopolo Gross Margin % Historical Data

* Premium members only.

The historical data trend for Marcopolo'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.

Marcopolo Gross Margin % Chart

Marcopolo 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 10.18 15.32 23.02 24.80 25.55

Marcopolo 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 22.91 25.73 26.69 26.00 22.56

BSP:POMO3 vs CAT, DE, PCAR: Gross Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Marcopolo'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.


Marcopolo Gross Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Marcopolo's Gross Margin % distribution charts can be found below:

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


BSP:POMO3
89GF Score
Marcopolo SA BSP:POMO3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marcopolo Gross Margin % Calculation

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

Marcopolo'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 )
=2314.3 / 9057.548
=(Revenue - Cost of Goods Sold) / Revenue
=(9057.548 - 6743.255) / 9057.548
=25.55 %

Marcopolo'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 )
=373.4 / 1655.238
=(Revenue - Cost of Goods Sold) / Revenue
=(1655.238 - 1281.811) / 1655.238
=22.56 %

* 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 22.56% mean?
Marcopolo (BSP:POMO3) has a Gross Margin % of 22.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Marcopolo and its competitors. This is 45% above median its historical median of 15.58. Over the past decade, Marcopolo's Gross Margin % has ranged from 10.18 to 25.55. According to the industry distribution chart, Marcopolo ranks #108 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 51.4%.
Is Marcopolo's Gross Margin % too high?
Marcopolo's current Gross Margin % of 22.56% is 45% above median its 10-year median of 15.58. Over the past 10 years, this metric has ranged from a low of 10.18 to a high of 25.55. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.66. Marcopolo's value of 22.56% is 12.1% below this industry median. Based on the distribution chart, Marcopolo ranks #108 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Marcopolo has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marcopolo's Gross Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Marcopolo ranks #108 out of 210 companies for Gross Margin %. This places Marcopolo in the lower half of its industry. The industry median Gross Margin % is 25.66. Marcopolo's value of 22.56% is 12.1% below this benchmark. Historically, Marcopolo's own Gross Margin % has ranged from 10.18 to 25.55 over the past decade. While the company's 10-year median is 15.58 vs. the industry median of 25.66, Marcopolo has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.66, based on 210 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. Marcopolo's current Gross Margin % of 22.56% is 12.1% below 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 Marcopolo and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marcopolo's current Gross Margin % is 22.56%, which is 45% above median its own 10-year median of 15.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marcopolo stock overvalued right now?
Based on GuruFocus' analysis, Marcopolo (BSP:POMO3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$6.27, compared to a current price of R$5.20 — trading 17.1% below its estimated fair value. The current Gross Margin % is 22.56%, which is 45% above median its 10-year median of 15.58 and 12.1% below the Farm & Heavy Construction Machinery industry median of 25.66. Marcopolo's overall GF Score™ is 89/100 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 Marcopolo (BSP:POMO3), the current Gross Margin % is 22.56% 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 Marcopolo (BSP:POMO3) Overvalued in 2026?

Based on GuruFocus' analysis, Marcopolo stock appears to be undervalued. The current stock price of R$5.20 is trading 17.1% below its estimated GF Value™ of R$6.27. GuruFocus considers Marcopolo to be Modestly Undervalued.

Key valuation signals for BSP:POMO3:

  • Gross Margin %: 22.56% (45% above median its 10-year median of 15.58)
  • GF Value™: R$6.27 vs. price of R$5.20 (17.1% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 12.1% below the Farm & Heavy Construction Machinery median (#108 of 210)

No single metric tells the full story. See the BSP:POMO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marcopolo Business Description

Other Exchanges POMO4:Brazil
Address Avenida Marcopolo, 280, Planalto District, Caxias do Sul, RS, BRA, 95086-200
Marcopolo SA is a Brazilian auto manufacturer. It is engaged in the manufacture and sale of buses, bus bodies, and components. The company's product line covers a wide variety of models, consisting of the coach, city, and micro bus groups, as well as the Volare micro bus family (complete bus, with chassis and body), electric and hybrid buses. It operates in two segments: Industrial and Financial. The majority of the company's revenue is generated from the Industrial segment, which produces buses, bus bodies, and spare parts. The Financial segment is responsible for financing operations through its wholly owned subsidiary. Geographically, it derives maximum revenue from Brazil, and the rest from the United States, Africa, Argentina, Australia, China, the UAE, and Mexico.
89GF Score

Get the complete analysis for BSP:POMO3

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

R$5.20
Price
R$6.27
GF Value