Euro Group Laminations SpA (CHIX:EGLAM) Gross Margin % : 38.91% (As of Jun. 2024)

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What is Euro Group Laminations SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Euro Group Laminations SpA's Gross Profit for the six months ended in Jun. 2024 was €166.3 Mil. Euro Group Laminations SpA's Revenue for the six months ended in Jun. 2024 was €427.3 Mil. Therefore, Euro Group Laminations SpA's Gross Margin % for the quarter that ended in Jun. 2024 was 38.91%.

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

CHIX:EGLAm' s Gross Margin % Range Over the Past 10 Years
Min: 37.02 Med: 38.99 Max: 40.96
Current: 39.49

During the past 5 years, the highest Gross Margin % of Euro Group Laminations SpA was 40.96%. The lowest was 37.02%. And the median was 38.99%.

CHIX:EGLAm's Gross Margin % is ranked better than
78.98% of 2950 companies
in the Industrial Products industry
Industry Median: 26.74 vs CHIX:EGLAm: 39.49

Euro Group Laminations SpA had a gross margin of 38.91% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Euro Group Laminations SpA was 0.00% per year.

Euro Group Laminations SpA Gross Margin % Historical Data

The historical data trend for Euro Group Laminations SpA'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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Euro Group Laminations SpA Gross Margin % Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

40.96

39.20

38.99

37.02

37.92

Euro Group Laminations SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial			37.09	36.96	36.05	40.13	38.91

Competitive Comparison of Euro Group Laminations SpA's Gross Margin %

For the Specialty Industrial Machinery subindustry, Euro Group Laminations SpA'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.

Euro Group Laminations SpA's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Euro Group Laminations SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Euro Group Laminations SpA's Gross Margin % falls into.

Euro Group Laminations SpA Gross Margin % Calculation

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

Euro Group Laminations SpA'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 )
	=	318.5	/	839.948
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(839.948 - 521.459)	/	839.948
	=	37.92 %

Euro Group Laminations SpA'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 )
	=	166.3	/	427.319
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(427.319 - 261.028)	/	427.319
	=	38.91 %

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.

Euro Group Laminations SpA (CHIX:EGLAm) 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

Euro Group Laminations SpA had a gross margin of 38.91% 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.

Euro Group Laminations SpA Gross Margin % Related Terms

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Euro Group Laminations SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (CHIX:EGLAm) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

EGLA:Italy QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.

Euro Group Laminations SpA Headlines

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