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Les Eaux Minerales d'Oulmes (CAS:OUL) Gross Margin % : 61.22% (As of Dec. 2023)


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What is Les Eaux Minerales d'Oulmes Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Les Eaux Minerales d'Oulmes's Gross Profit for the six months ended in Dec. 2023 was MAD894 Mil. Les Eaux Minerales d'Oulmes's Revenue for the six months ended in Dec. 2023 was MAD1,460 Mil. Therefore, Les Eaux Minerales d'Oulmes's Gross Margin % for the quarter that ended in Dec. 2023 was 61.22%.


The historical rank and industry rank for Les Eaux Minerales d'Oulmes's Gross Margin % or its related term are showing as below:

CAS:OUL' s Gross Margin % Range Over the Past 10 Years
Min: 61.58   Med: 66.87   Max: 70.96
Current: 61.58


During the past 13 years, the highest Gross Margin % of Les Eaux Minerales d'Oulmes was 70.96%. The lowest was 61.58%. And the median was 66.87%.

CAS:OUL's Gross Margin % is ranked better than
91.82% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 37.605 vs CAS:OUL: 61.58

Les Eaux Minerales d'Oulmes had a gross margin of 61.22% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Les Eaux Minerales d'Oulmes was -0.50% per year.


Les Eaux Minerales d'Oulmes Gross Margin % Historical Data

The historical data trend for Les Eaux Minerales d'Oulmes'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.

Les Eaux Minerales d'Oulmes Gross Margin % Chart

Les Eaux Minerales d'Oulmes 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 62.50 66.42 67.31 62.04 61.58

Les Eaux Minerales d'Oulmes Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 67.21 63.88 60.55 62.03 61.22

Competitive Comparison of Les Eaux Minerales d'Oulmes's Gross Margin %

For the Beverages - Non-Alcoholic subindustry, Les Eaux Minerales d'Oulmes'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.


Les Eaux Minerales d'Oulmes's Gross Margin % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Les Eaux Minerales d'Oulmes's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Les Eaux Minerales d'Oulmes's Gross Margin % falls into.



Les Eaux Minerales d'Oulmes Gross Margin % Calculation

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

Les Eaux Minerales d'Oulmes'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 )
=1616.4 / 2624.9
=(Revenue - Cost of Goods Sold) / Revenue
=(2624.9 - 1008.544) / 2624.9
=61.58 %

Les Eaux Minerales d'Oulmes's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=893.7 / 1459.743
=(Revenue - Cost of Goods Sold) / Revenue
=(1459.743 - 566.093) / 1459.743
=61.22 %

* 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.


Les Eaux Minerales d'Oulmes  (CAS:OUL) 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

Les Eaux Minerales d'Oulmes had a gross margin of 61.22% for the quarter that ended in Dec. 2023 => 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.


Les Eaux Minerales d'Oulmes Gross Margin % Related Terms

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Les Eaux Minerales d'Oulmes (CAS:OUL) Business Description

Traded in Other Exchanges
N/A
Address
Industrial zone of Bouskoura, Casablanca, MAR, 20180
Les Eaux Minerales d'Oulmes SA is engaged in production and distribution of mineral water. Its products include natural mineral water under the brands Sidi Ali and Ain Atlas; natural sparkling mineral water under the brands Oulmes and Oulmes fruity bubbles; and table water under the brand Bahia.

Les Eaux Minerales d'Oulmes (CAS:OUL) Headlines

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