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EnerSys (EnerSys) Gross Margin % : 27.92% (As of Mar. 2024)


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What is EnerSys Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EnerSys's Gross Profit for the three months ended in Mar. 2024 was $254 Mil. EnerSys's Revenue for the three months ended in Mar. 2024 was $911 Mil. Therefore, EnerSys's Gross Margin % for the quarter that ended in Mar. 2024 was 27.92%.


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

ENS' s Gross Margin % Range Over the Past 10 Years
Min: 22.34   Med: 25.46   Max: 27.54
Current: 27.44


During the past 13 years, the highest Gross Margin % of EnerSys was 27.54%. The lowest was 22.34%. And the median was 25.46%.

ENS's Gross Margin % is ranked better than
52.64% of 2920 companies
in the Industrial Products industry
Industry Median: 26.63 vs ENS: 27.44

EnerSys had a gross margin of 27.92% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for EnerSys was 0.20% per year.


EnerSys Gross Margin % Historical Data

The historical data trend for EnerSys'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.

EnerSys Gross Margin % Chart

EnerSys Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.42 24.82 22.34 22.65 27.44

EnerSys 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 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 24.86 26.45 26.59 28.86 27.92

Competitive Comparison of EnerSys's Gross Margin %

For the Electrical Equipment & Parts subindustry, EnerSys'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.


EnerSys's Gross Margin % Distribution in the Industrial Products Industry

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

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



EnerSys Gross Margin % Calculation

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

EnerSys's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=982.9 / 3581.871
=(Revenue - Cost of Goods Sold) / Revenue
=(3581.871 - 2598.98) / 3581.871
=27.44 %

EnerSys'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 )
=254.3 / 910.721
=(Revenue - Cost of Goods Sold) / Revenue
=(910.721 - 656.403) / 910.721
=27.92 %

* 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.


EnerSys  (NYSE:ENS) 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

EnerSys had a gross margin of 27.92% 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.


EnerSys Gross Margin % Related Terms

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


EnerSys (EnerSys) Business Description

Traded in Other Exchanges
Address
2366 Bernville Road, Reading, PA, USA, 19605
EnerSys provides stored energy solutions for industrial applications. It also manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems which combine enclosures, power conversion, power distribution and energy storage are used in the telecommunication and broadband, utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Its segments include Energy Systems, Motive Power, and Specialty.
Executives
Andrew M. Zogby officer: Pres, Energy Systems-Americas 2366 BERNVILLE ROAD, READING PA 19605
Tamara Morytko director 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Rudolph W. Wynter director C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Andrea J. Funk officer: EVP & Chief Financial Officer C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Joern Tinnemeyer officer: Sr. VP & CTO C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Shawn M. O'connell officer: Pres, Motive Power Americas 2366 BERNVILLE ROAD, READING PA 19605
David M Shaffer officer: President, EMEA C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Caroline Chan director 2366 BERNVILLE ROAD, READING PA 19605
Steven M Fludder director 264 NANTASKET ROAD, HULL MA 02045
Holger P Aschke officer: President - EMEA C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Todd M. Sechrist officer: SVP - Americas C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Myles Jones officer: President - Asia C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Jeffrey W. Long officer: President, Americas C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Ronald P Vargo director 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940