Consti (CHIX:CONSTH) Gross Margin % : 30.12% (As of Mar. 2024)

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What is Consti Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Consti's Gross Profit for the three months ended in Mar. 2024 was €19.7 Mil. Consti's Revenue for the three months ended in Mar. 2024 was €65.5 Mil. Therefore, Consti's Gross Margin % for the quarter that ended in Mar. 2024 was 30.12%.

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

CHIX:CONSTh' s Gross Margin % Range Over the Past 10 Years
Min: 26.15 Med: 29.54 Max: 31.51
Current: 29.65

During the past 12 years, the highest Gross Margin % of Consti was 31.51%. The lowest was 26.15%. And the median was 29.54%.

CHIX:CONSTh's Gross Margin % is ranked better than
68.77% of 1614 companies
in the Construction industry
Industry Median: 19.445 vs CHIX:CONSTh: 29.65

Consti had a gross margin of 30.12% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Consti was 2.30% per year.

Consti Gross Margin % Historical Data

The historical data trend for Consti'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.

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Consti Gross Margin % Chart

Consti Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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26.97

30.20

28.40

29.81

29.27

Consti Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															28.34	31.66	26.86	30.44	30.12

Competitive Comparison of Consti's Gross Margin %

For the Engineering & Construction subindustry, Consti'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.

Consti's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Consti's Gross Margin % distribution charts can be found below:

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

Consti Gross Margin % Calculation

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

Consti'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 )
	=	93.9	/	320.607
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(320.607 - 226.752)	/	320.607
	=	29.27 %

Consti's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	19.7	/	65.525
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(65.525 - 45.786)	/	65.525
	=	30.12 %

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.

Consti (CHIX:CONSTh) 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

Consti had a gross margin of 30.12% for the quarter that ended in Mar. 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.

Consti Gross Margin % Related Terms

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Consti (CHIX:CONSTH) Business Description

Industry

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CONSTI:Finland

Address

Valimotie 16, Valimo Park, Helsinki, FIN, FI-00380

Website

https://www.consti.fi

Consti PLC is a provider of renovation and technical building services in Finland. The company has a comprehensive service offering covering renovation and building technology services to housing companies, corporations, investors, and the public sector in Finland's growth centers. Its customers comprise housing corporations and their property managers, public institutions, real estate investors, corporations, and industry. The company operates in four business areas: Housing Companies, Corporations, the Public Sector, and Building Technology, all of which contain service business, including service contracting and technical repair and maintenance services to contract customers.

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