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Grupa Kety (FRA:GQ2) Gross Margin % : 40.17% (As of Mar. 2024)


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What is Grupa Kety Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grupa Kety's Gross Profit for the three months ended in Mar. 2024 was €113 Mil. Grupa Kety's Revenue for the three months ended in Mar. 2024 was €280 Mil. Therefore, Grupa Kety's Gross Margin % for the quarter that ended in Mar. 2024 was 40.17%.


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

FRA:GQ2' s Gross Margin % Range Over the Past 10 Years
Min: 34.31   Med: 36.37   Max: 41.73
Current: 38.7


During the past 13 years, the highest Gross Margin % of Grupa Kety was 41.73%. The lowest was 34.31%. And the median was 36.37%.

FRA:GQ2's Gross Margin % is ranked better than
73.94% of 706 companies
in the Metals & Mining industry
Industry Median: 19.22 vs FRA:GQ2: 38.70

Grupa Kety had a gross margin of 40.17% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Grupa Kety Gross Margin % Historical Data

The historical data trend for Grupa Kety'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.

Grupa Kety Gross Margin % Chart

Grupa Kety 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 39.23 41.73 40.06 34.51 36.89

Grupa Kety 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 33.11 36.52 40.04 38.16 40.17

Competitive Comparison of Grupa Kety's Gross Margin %

For the Aluminum subindustry, Grupa Kety'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.


Grupa Kety's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grupa Kety's Gross Margin % distribution charts can be found below:

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



Grupa Kety Gross Margin % Calculation

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

Grupa Kety'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 )
=435.2 / 1179.775
=(Revenue - Cost of Goods Sold) / Revenue
=(1179.775 - 744.536) / 1179.775
=36.89 %

Grupa Kety'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 )
=112.6 / 280.235
=(Revenue - Cost of Goods Sold) / Revenue
=(280.235 - 167.665) / 280.235
=40.17 %

* 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.


Grupa Kety  (FRA:GQ2) 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

Grupa Kety had a gross margin of 40.17% 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.


Grupa Kety Gross Margin % Related Terms

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


Grupa Kety (FRA:GQ2) Business Description

Traded in Other Exchanges
Address
ul. Ko?ciuszki 111, Kety, POL, 32-650
Grupa Kety SA manufactures and sells extruded aluminum and other aluminum products primarily to industrial customers. The firm organizes itself into five segments based on product. The Extruded Products segment manufactures aluminum profiles. The Flexible Packaging segment produces and sells packaging to the food industry. The Aluminum Systems segment, which generates the most revenue of any segment, sells aluminum systems to the building industry. The Building Accessories and Building Services segments produce and sell hardware and aluminum facades to the construction industry. The vast majority of Grupa Kety's revenue comes from Poland, where the company's operations are also located.

Grupa Kety (FRA:GQ2) Headlines

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