Kier Group (CHIX:KIEL) Gross Margin % : 9.20% (As of Jun. 2024)

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What is Kier Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kier Group's Gross Profit for the six months ended in Jun. 2024 was £188 Mil. Kier Group's Revenue for the six months ended in Jun. 2024 was £2,043 Mil. Therefore, Kier Group's Gross Margin % for the quarter that ended in Jun. 2024 was 9.20%.

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

CHIX:KIEl' s Gross Margin % Range Over the Past 10 Years
Min: 5.91 Med: 8.61 Max: 9.48
Current: 8.58

During the past 13 years, the highest Gross Margin % of Kier Group was 9.48%. The lowest was 5.91%. And the median was 8.61%.

CHIX:KIEl's Gross Margin % is ranked worse than
81.67% of 1664 companies
in the Construction industry
Industry Median: 20.015 vs CHIX:KIEl: 8.58

Kier Group had a gross margin of 9.20% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kier Group was 5.90% per year.

Kier Group Gross Margin % Historical Data

The historical data trend for Kier Group'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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Kier Group Gross Margin % Chart

Kier Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Gross Margin %

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5.91

8.71

8.40

9.06

8.58

Kier Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial															7.99	8.56	9.47	7.89	9.20

Competitive Comparison of Kier Group's Gross Margin %

For the Engineering & Construction subindustry, Kier Group'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.

Kier Group's Gross Margin % Distribution in the Construction Industry

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

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

Kier Group Gross Margin % Calculation

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

Kier Group's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )	=	Gross Profit (A: Jun. 2024 )	/	Revenue (A: Jun. 2024 )
	=	335	/	3905.1
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3905.1 - 3570.1)	/	3905.1
	=	8.58 %

Kier Group'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 )
	=	188	/	2043
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2043 - 1855)	/	2043
	=	9.20 %

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.

Kier Group (CHIX:KIEl) 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

Kier Group had a gross margin of 9.20% for the quarter that ended in Jun. 2024 => No sustainable 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.

Kier Group Gross Margin % Related Terms

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Kier Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kier Group PLC (CHIX:KIEl) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

KIERF:USA KIE:UK 10I:Germany 10I:Germany

Address

Optimum House, 2nd Floor, Clippers Quay, Salford, GBR, M50 3XP

Website

http://www.kier.co.uk

Kier Group PLC is a construction, services and property company that builds and maintains projects for various sectors. Its design and engineering capabilities meet the specifications for public and private customers. The construction segment works in both the public and private sectors through local bases and offers national coverage for its clients. The infrastructure services segment is focused on four main markets: highways, utilities, infrastructure, and rail. The property segment, which invests and develops schemes and sites across the United Kingdom and the last segment is corporate segment. Kier plans to divest from this segment to free up capital for the other segments. The U.K. accounts majority of its revenue, with the rest split among the Americas, Middle East, and Far East.

Kier Group Headlines

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