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Pihlajalinna Oyj (FRA:38P) Gross Margin % : 71.12% (As of Mar. 2024)


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What is Pihlajalinna Oyj Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pihlajalinna Oyj's Gross Profit for the three months ended in Mar. 2024 was €130.3 Mil. Pihlajalinna Oyj's Revenue for the three months ended in Mar. 2024 was €183.2 Mil. Therefore, Pihlajalinna Oyj's Gross Margin % for the quarter that ended in Mar. 2024 was 71.12%.


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

FRA:38P' s Gross Margin % Range Over the Past 10 Years
Min: 57.91   Med: 61.26   Max: 66.28
Current: 66.28


During the past 12 years, the highest Gross Margin % of Pihlajalinna Oyj was 66.28%. The lowest was 57.91%. And the median was 61.26%.

FRA:38P's Gross Margin % is ranked better than
72.88% of 612 companies
in the Healthcare Providers & Services industry
Industry Median: 41.51 vs FRA:38P: 66.28

Pihlajalinna Oyj had a gross margin of 71.12% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pihlajalinna Oyj was 0.90% per year.


Pihlajalinna Oyj Gross Margin % Historical Data

The historical data trend for Pihlajalinna Oyj'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.

Pihlajalinna Oyj Gross Margin % Chart

Pihlajalinna Oyj 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 61.39 61.08 63.74 61.30 64.55

Pihlajalinna Oyj 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 64.38 63.83 65.82 64.30 71.12

Competitive Comparison of Pihlajalinna Oyj's Gross Margin %

For the Medical Care Facilities subindustry, Pihlajalinna Oyj'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.


Pihlajalinna Oyj's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pihlajalinna Oyj's Gross Margin % distribution charts can be found below:

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



Pihlajalinna Oyj Gross Margin % Calculation

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

Pihlajalinna Oyj'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 )
=464.8 / 719.984
=(Revenue - Cost of Goods Sold) / Revenue
=(719.984 - 255.232) / 719.984
=64.55 %

Pihlajalinna Oyj'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 )
=130.3 / 183.2
=(Revenue - Cost of Goods Sold) / Revenue
=(183.2 - 52.9) / 183.2
=71.12 %

* 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.


Pihlajalinna Oyj  (FRA:38P) 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

Pihlajalinna Oyj had a gross margin of 71.12% for the quarter that ended in Mar. 2024 => 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.


Pihlajalinna Oyj Gross Margin % Related Terms

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Pihlajalinna Oyj (FRA:38P) Business Description

Traded in Other Exchanges
Address
Kehrasaari B, Tampere, FIN, 33200
Pihlajalinna Oyj is a private provider of healthcare and wellbeing services in Finland. The company is engaged in the business of providing healthcare and social care services to municipalities, hospital districts, companies, insurance companies, and private persons. The service selection includes general practitioner and medical specialist services, occupational healthcare, social and healthcare outsourcing, fitness center services, responsible doctor, and remote consultation services as well as residential services and staffing services.

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