FNCNF (Fincantieri SpA) Gross Margin % : 24.24% (As of Jun. 2024)

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What is Fincantieri SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fincantieri SpA's Gross Profit for the six months ended in Jun. 2024 was $956 Mil. Fincantieri SpA's Revenue for the six months ended in Jun. 2024 was $3,943 Mil. Therefore, Fincantieri SpA's Gross Margin % for the quarter that ended in Jun. 2024 was 24.24%.

Warning Sign:

Fincantieri SpA gross margin has been in long-term decline. The average rate of decline per year is -3.4%.

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

FNCNF' s Gross Margin % Range Over the Past 10 Years
Min: 18.24 Med: 21.88 Max: 24.9
Current: 21.24

During the past 13 years, the highest Gross Margin % of Fincantieri SpA was 24.90%. The lowest was 18.24%. And the median was 21.88%.

FNCNF's Gross Margin % is ranked worse than
63.61% of 305 companies
in the Aerospace & Defense industry
Industry Median: 25.38 vs FNCNF: 21.24

Fincantieri SpA had a gross margin of 24.24% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fincantieri SpA was -3.40% per year.

Fincantieri SpA Gross Margin % Historical Data

The historical data trend for Fincantieri 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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Fincantieri SpA Gross Margin % Chart

Fincantieri SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Margin %

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18.24

21.90

18.25

19.93

23.04

Fincantieri SpA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Gross Margin %	Get a 7-Day Free Trial															16.84	21.56	18.35	24.24	-

Competitive Comparison of Fincantieri SpA's Gross Margin %

For the Aerospace & Defense subindustry, Fincantieri 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.

Fincantieri SpA's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fincantieri SpA's Gross Margin % distribution charts can be found below:

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

Fincantieri SpA Gross Margin % Calculation

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

Fincantieri 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 )
	=	1618.3	/	8121.665
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8121.665 - 6503.404)	/	8121.665
	=	19.93 %

Fincantieri 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 )
	=	955.7	/	3943.474
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3943.474 - 2987.766)	/	3943.474
	=	24.24 %

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.

Fincantieri SpA (OTCPK:FNCNF) 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

Fincantieri SpA had a gross margin of 24.24% 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.

Fincantieri SpA Gross Margin % Related Terms

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Fincantieri SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (OTCPK:FNCNF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

FCT:Italy FCTm:UK 0QWN:UK 1F80:Germany

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: Shipbuilding encompassing the Cruise Ships, Naval Vessels, and the Accommodation Cluster business areas; Offshore and Specialized vessels encompassing the design and construction of offshore support vessels for offshore wind farms and the oil & gas industry; and Equipment, Systems, and Infrastructure includes Electronics Cluster, Mechatronics Cluster, and Infrastructure Clusterbusiness area. It generates the majority of its revenue from the Shipbuilding segment.