BOC Aviation (FRA:8BO) Gross Margin %: 34.00% (As of Dec. 2025) — Near Median


FRA:8BO BOC Aviation Ltd FRA:8BO
84 GF Score
Price €8.85
GF Value €8.26
Valuation Fairly Valued
! 9 Warning Signs
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What is BOC Aviation Gross Margin %?

BOC Aviation FRA:8BO 84 Gross Margin % is 34.00% as of Dec. 2025, which is 6% below its 10-year median of 36.17. GuruFocus rates FRA:8BO with a GF Score™ of 84/100 and a GF Value™ of €8.26 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,007 Business Services companies, BOC Aviation ranks worse than 53.33% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BOC Aviation's Gross Profit for the six months ended in Dec. 2025 was €364 Mil. BOC Aviation's Revenue for the six months ended in Dec. 2025 was €1,072 Mil. Therefore, BOC Aviation's Gross Margin % for the quarter that ended in Dec. 2025 was 34.00%.

Warning Sign:

BOC Aviation Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


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

FRA:8BO' s Gross Margin % Range Over the Past 10 Years
Min: 26.39   Med: 36.17   Max: 41.9
Current: 32.37


During the past 13 years, the highest Gross Margin % of BOC Aviation was 41.90%. The lowest was 26.39%. And the median was 36.17%.

FRA:8BO's Gross Margin % is ranked worse than
53.33% of 1007 companies
in the Business Services industry
Industry Median: 34.5 vs FRA:8BO: 32.37

BOC Aviation had a gross margin of 34.00% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for BOC Aviation was -4.30% per year.


BOC Aviation  (FRA:8BO) 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

BOC Aviation had a gross margin of 34.00% for the quarter that ended in Dec. 2025 => 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.


BOC Aviation Gross Margin % Related Terms


BOC Aviation Gross Margin % Historical Data

* Premium members only.

The historical data trend for BOC Aviation'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.

BOC Aviation Gross Margin % Chart

BOC Aviation Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.02 36.37 26.39 26.96 32.37

BOC Aviation Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 25.53 27.76 26.17 30.57 34.00

FRA:8BO vs URI, SUNB, AER: Gross Margin % Comparison

For the Rental & Leasing Services subindustry, BOC Aviation'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.


BOC Aviation Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, BOC Aviation's Gross Margin % distribution charts can be found below:

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


FRA:8BO
84GF Score
BOC Aviation Ltd FRA:8BO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BOC Aviation Gross Margin % Calculation

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

BOC Aviation's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=660.3 / 2039.621
=(Revenue - Cost of Goods Sold) / Revenue
=(2039.621 - 1379.352) / 2039.621
=32.37 %

BOC Aviation's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=364.3 / 1071.523
=(Revenue - Cost of Goods Sold) / Revenue
=(1071.523 - 707.216) / 1071.523
=34.00 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 34.00% mean?
BOC Aviation (FRA:8BO) has a Gross Margin % of 34.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on BOC Aviation and its competitors. This is near median its historical median of 36.17. Over the past decade, BOC Aviation's Gross Margin % has ranged from 26.39 to 41.90. According to the industry distribution chart, BOC Aviation ranks #537 out of 1007 companies in the Business Services industry, placing it in the top 53.3%.
Is BOC Aviation's Gross Margin % too high?
BOC Aviation's current Gross Margin % of 34.00% is near median its 10-year median of 36.17. Over the past 10 years, this metric has ranged from a low of 26.39 to a high of 41.90. The Business Services industry median Gross Margin % is 34.50. BOC Aviation's value of 34.00% is 1.4% below this industry median. Based on the distribution chart, BOC Aviation ranks #537 out of 1007 companies in the Business Services industry, which is below the industry midpoint. Overall, BOC Aviation has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BOC Aviation's Gross Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, BOC Aviation ranks #537 out of 1007 companies for Gross Margin %. This places BOC Aviation in the lower half of its industry. The industry median Gross Margin % is 34.50. BOC Aviation's value of 34.00% is 1.4% below this benchmark. Historically, BOC Aviation's own Gross Margin % has ranged from 26.39 to 41.90 over the past decade. While the company's 10-year median is 36.17 vs. the industry median of 34.50, BOC Aviation has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BOC Aviation's current Gross Margin % of 34.00% is 1.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on BOC Aviation and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Aviation's current Gross Margin % is 34.00%, which is near median its own 10-year median of 36.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Aviation stock overvalued right now?
Based on GuruFocus' analysis, BOC Aviation (FRA:8BO) is currently considered Fairly Valued. The stock's GF Value™ is €8.26, compared to a current price of €8.85 — trading 7.1% above its estimated fair value. The current Gross Margin % is 34.00%, which is near median its 10-year median of 36.17 and 1.4% below the Business Services industry median of 34.50. BOC Aviation's overall GF Score™ is 84/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For BOC Aviation (FRA:8BO), the current Gross Margin % is 34.00% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BOC Aviation (FRA:8BO) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Aviation stock appears to be overvalued. The current stock price of €8.85 is trading 7.1% above its estimated GF Value™ of €8.26. GuruFocus considers BOC Aviation to be Fairly Valued.

Key valuation signals for FRA:8BO:

  • Gross Margin %: 34.00% (near median its 10-year median of 36.17)
  • GF Value™: €8.26 vs. price of €8.85 (7.1% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 1.4% below the Business Services median (#537 of 1007)

No single metric tells the full story. See the FRA:8BO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BOC Aviation Business Description

Other Exchanges 02588:Hong Kong8BO:Germany
Address 79 Robinson Road, No. 15-01, Singapore, SGP, 068897
BOC Aviation Ltd is an aircraft leasing company by net book value of owned aircraft, with a portfolio of commercial passenger and cargo aircraft. All revenues are derived from the Group's principal activities of aircraft leasing, management of aircraft leases and other related activities. BOC Aviation offers a wide range of services to airlines and aircraft owners, including direct operating leases and finance leases for aircraft, sale and leaseback facilities, engine finance leases and third party asset management. The company also provides comprehensive aircraft remarketing and technical management services to airlines, banks and other investors. BOC Aviation seeks to provide the highest level of personalized service, adapting its products to meet the needs of individual customers.
84GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.85
Price
€8.26
GF Value