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Dorman Products (FRA:RAB) Gross Margin % : 41.54% (As of Dec. 2024)


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What is Dorman Products Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dorman Products's Gross Profit for the three months ended in Dec. 2024 was €212 Mil. Dorman Products's Revenue for the three months ended in Dec. 2024 was €510 Mil. Therefore, Dorman Products's Gross Margin % for the quarter that ended in Dec. 2024 was 41.54%.


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

FRA:RAB' s Gross Margin % Range Over the Past 10 Years
Min: 32.56   Med: 36.93   Max: 40.13
Current: 40.13


During the past 13 years, the highest Gross Margin % of Dorman Products was 40.13%. The lowest was 32.56%. And the median was 36.93%.

FRA:RAB's Gross Margin % is ranked better than
88.02% of 1285 companies
in the Vehicles & Parts industry
Industry Median: 19.98 vs FRA:RAB: 40.13

Dorman Products had a gross margin of 41.54% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dorman Products was 2.20% per year.


Dorman Products Gross Margin % Historical Data

The historical data trend for Dorman Products'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.

Dorman Products Gross Margin % Chart

Dorman Products Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.06 34.41 32.56 35.52 40.13

Dorman Products Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 39.29 38.71 39.65 40.46 41.54

Competitive Comparison of Dorman Products's Gross Margin %

For the Auto Parts subindustry, Dorman Products'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.


Dorman Products's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dorman Products's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dorman Products's Gross Margin % falls into.


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Dorman Products Gross Margin % Calculation

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

Dorman Products's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=770.1 / 1918.783
=(Revenue - Cost of Goods Sold) / Revenue
=(1918.783 - 1148.71) / 1918.783
=40.13 %

Dorman Products's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=211.7 / 509.752
=(Revenue - Cost of Goods Sold) / Revenue
=(509.752 - 298.02) / 509.752
=41.54 %

* 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.


Dorman Products  (FRA:RAB) 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

Dorman Products had a gross margin of 41.54% for the quarter that ended in Dec. 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.


Dorman Products Gross Margin % Related Terms

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


Dorman Products Business Description

Traded in Other Exchanges
Address
3400 East Walnut Street, Colmar, PA, USA, 18915
Dorman Products Inc is a supplier of original equipment parts for automobiles. The company produces automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, and HD Solutions through aftermarket retailers, regional and local warehouse distributors, specialty markets, and salvage yards. It operates as a single reportable operating segment, namely, the sale of replacement and upgrades parts in the motor vehicle aftermarket industry, serving passenger cars, light-, medium-, and heavy-duty trucks as well as specialty vehicles. The company operates in the United States.

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