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MPC Container Ships ASA (FRA:MP2) Gross Margin % : 62.95% (As of Sep. 2024)


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What is MPC Container Ships ASA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MPC Container Ships ASA's Gross Profit for the three months ended in Sep. 2024 was €75.1 Mil. MPC Container Ships ASA's Revenue for the three months ended in Sep. 2024 was €119.3 Mil. Therefore, MPC Container Ships ASA's Gross Margin % for the quarter that ended in Sep. 2024 was 62.95%.


The historical rank and industry rank for MPC Container Ships ASA's Gross Margin % or its related term are showing as below:

FRA:MP2' s Gross Margin % Range Over the Past 10 Years
Min: 13.17   Med: 29.19   Max: 73.66
Current: 65.78


During the past 7 years, the highest Gross Margin % of MPC Container Ships ASA was 73.66%. The lowest was 13.17%. And the median was 29.19%.

FRA:MP2's Gross Margin % is ranked better than
94.81% of 945 companies
in the Transportation industry
Industry Median: 19.83 vs FRA:MP2: 65.78

MPC Container Ships ASA had a gross margin of 62.95% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MPC Container Ships ASA was 34.50% per year.


MPC Container Ships ASA Gross Margin % Historical Data

The historical data trend for MPC Container Ships ASA'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.

MPC Container Ships ASA Gross Margin % Chart

MPC Container Ships ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 17.42 14.88 62.21 73.09 73.66

MPC Container Ships ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 73.71 68.80 67.88 62.78 62.95

Competitive Comparison of MPC Container Ships ASA's Gross Margin %

For the Marine Shipping subindustry, MPC Container Ships ASA'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.


MPC Container Ships ASA's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, MPC Container Ships ASA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MPC Container Ships ASA's Gross Margin % falls into.



MPC Container Ships ASA Gross Margin % Calculation

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

MPC Container Ships ASA'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 )
=495.8 / 673.003
=(Revenue - Cost of Goods Sold) / Revenue
=(673.003 - 177.245) / 673.003
=73.66 %

MPC Container Ships ASA's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=75.1 / 119.326
=(Revenue - Cost of Goods Sold) / Revenue
=(119.326 - 44.207) / 119.326
=62.95 %

* 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.


MPC Container Ships ASA  (FRA:MP2) 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

MPC Container Ships ASA had a gross margin of 62.95% for the quarter that ended in Sep. 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.


MPC Container Ships ASA Gross Margin % Related Terms

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


MPC Container Ships ASA Business Description

Address
Ruselokkveien 34, Oslo, NOR, N-0251
MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. https://oxbridgere.com/sec-filings The group has one reporting segment as it employs one type of vessel which is Container Vessels.

MPC Container Ships ASA Headlines

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