GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Galil Industries Ltd (OTCPK:DELTF) » Definitions » Gross Margin %

Delta Galil Industries (Delta Galil Industries) Gross Margin % : 43.09% (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Delta Galil Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Delta Galil Industries's Gross Profit for the three months ended in Dec. 2023 was $219 Mil. Delta Galil Industries's Revenue for the three months ended in Dec. 2023 was $509 Mil. Therefore, Delta Galil Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 43.09%.


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

DELTF' s Gross Margin % Range Over the Past 10 Years
Min: 29.33   Med: 36.75   Max: 40.94
Current: 40.94


During the past 13 years, the highest Gross Margin % of Delta Galil Industries was 40.94%. The lowest was 29.33%. And the median was 36.75%.

DELTF's Gross Margin % is ranked better than
70.68% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.51 vs DELTF: 40.94

Delta Galil Industries had a gross margin of 43.09% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Delta Galil Industries Gross Margin % Historical Data

The historical data trend for Delta Galil Industries'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.

Delta Galil Industries Gross Margin % Chart

Delta Galil Industries 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 35.75 36.21 39.81 38.65 40.94

Delta Galil Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 39.73 39.08 40.37 40.92 43.09

Competitive Comparison of Delta Galil Industries's Gross Margin %

For the Apparel Manufacturing subindustry, Delta Galil Industries'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.


Delta Galil Industries's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Galil Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Delta Galil Industries's Gross Margin % falls into.



Delta Galil Industries Gross Margin % Calculation

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

Delta Galil Industries'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 )
=760.6 / 1857.682
=(Revenue - Cost of Goods Sold) / Revenue
=(1857.682 - 1097.084) / 1857.682
=40.94 %

Delta Galil Industries'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 )
=219.1 / 508.603
=(Revenue - Cost of Goods Sold) / Revenue
=(508.603 - 289.468) / 508.603
=43.09 %

* 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.


Delta Galil Industries  (OTCPK:DELTF) 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

Delta Galil Industries had a gross margin of 43.09% 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.


Delta Galil Industries Gross Margin % Related Terms

Thank you for viewing the detailed overview of Delta Galil Industries's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Delta Galil Industries (Delta Galil Industries) Business Description

Traded in Other Exchanges
Address
45 Ha’eshel Street, Caesarea Industrial Zone, Caesarea, ISR, 30889
Delta Galil Industries Ltd designs and manufactures undergarments, socks, children's wear, leisurewear, and activewear. The company is engaged in the design, development, production, marketing, and sale of intimate apparel, socks, children's wear, leisurewear, and activewear, as well as in the development, design, marketing, distribution, and sale of branded products in the jeans and over wear clothing and ancillary products for women, in five business segments- Delta USA; Global Division Upper Market; Delta European Brands; Delta Premium Brands and Delta Israel.

Delta Galil Industries (Delta Galil Industries) Headlines

No Headlines