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Birkenstock Holding (FRA:7PV) Gross Margin % : 59.48% (As of Jun. 2024)


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What is Birkenstock Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Birkenstock Holding's Gross Profit for the three months ended in Jun. 2024 was €336 Mil. Birkenstock Holding's Revenue for the three months ended in Jun. 2024 was €565 Mil. Therefore, Birkenstock Holding's Gross Margin % for the quarter that ended in Jun. 2024 was 59.48%.


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

FRA:7PV' s Gross Margin % Range Over the Past 10 Years
Min: 35.73   Med: 58.52   Max: 62.05
Current: 60.15


During the past 4 years, the highest Gross Margin % of Birkenstock Holding was 62.05%. The lowest was 35.73%. And the median was 58.52%.

FRA:7PV's Gross Margin % is ranked better than
91.44% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.505 vs FRA:7PV: 60.15

Birkenstock Holding had a gross margin of 59.48% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Birkenstock Holding was 0.00% per year.


Birkenstock Holding Gross Margin % Historical Data

The historical data trend for Birkenstock Holding'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.

Birkenstock Holding Gross Margin % Chart

Birkenstock Holding Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Gross Margin %
35.73 56.71 60.33 62.05

Birkenstock Holding Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.72 65.40 61.03 56.35 59.48

Competitive Comparison of Birkenstock Holding's Gross Margin %

For the Footwear & Accessories subindustry, Birkenstock Holding'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.


Birkenstock Holding's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Birkenstock Holding Gross Margin % Calculation

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

Birkenstock Holding's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=925.8 / 1491.911
=(Revenue - Cost of Goods Sold) / Revenue
=(1491.911 - 566.118) / 1491.911
=62.05 %

Birkenstock Holding'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 )
=335.9 / 564.758
=(Revenue - Cost of Goods Sold) / Revenue
=(564.758 - 228.833) / 564.758
=59.48 %

* 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.


Birkenstock Holding  (FRA:7PV) 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

Birkenstock Holding had a gross margin of 59.48% for the quarter that ended in Jun. 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.


Birkenstock Holding Gross Margin % Related Terms

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Birkenstock Holding Business Description

Traded in Other Exchanges
Address
1-2 Berkeley Square, London, GBR, W1J 6EA
Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding Headlines

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