voestalpine AG (FRA:VASS) Gross Margin %: 21.01% (As of Mar. 2026) — Near Median


FRA:VASS voestalpine AG FRA:VASS
58 GF Score
Price €8.50
GF Value €4.71
Valuation Significantly Overvalued
! 4 Warning Signs
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What is voestalpine AG Gross Margin %?

voestalpine AG FRA:VASS -1.16% 58 Gross Margin % is 21.01% as of Mar. 2026, which is 5% above its 10-year median of 19.98. GuruFocus rates FRA:VASS with a GF Score™ of 58/100 and a GF Value™ of €4.71 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 597 Steel companies, voestalpine AG ranks better than 70.18% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. voestalpine AG's Gross Profit for the three months ended in Mar. 2026 was €825 Mil. voestalpine AG's Revenue for the three months ended in Mar. 2026 was €3,924 Mil. Therefore, voestalpine AG's Gross Margin % for the quarter that ended in Mar. 2026 was 21.01%.


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

FRA:VASS' s Gross Margin % Range Over the Past 10 Years
Min: 16.75   Med: 19.98   Max: 23.06
Current: 20.02


During the past 13 years, the highest Gross Margin % of voestalpine AG was 23.06%. The lowest was 16.75%. And the median was 19.98%.

FRA:VASS's Gross Margin % is ranked better than
70.18% of 597 companies
in the Steel industry
Industry Median: 12.6 vs FRA:VASS: 20.02

voestalpine AG had a gross margin of 21.01% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for voestalpine AG was 0.10% per year.


voestalpine AG  (FRA:VASS) 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

voestalpine AG had a gross margin of 21.01% for the quarter that ended in Mar. 2026 => 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.


voestalpine AG Gross Margin % Related Terms


voestalpine AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for voestalpine AG'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.

voestalpine AG Gross Margin % Chart

voestalpine AG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.53 19.94 16.75 18.03 20.02

voestalpine AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.05 18.71 20.02 20.34 21.01

FRA:VASS vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, voestalpine AG'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.


voestalpine AG Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, voestalpine AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where voestalpine AG's Gross Margin % falls into.


FRA:VASS
58GF Score
voestalpine AG FRA:VASS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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voestalpine AG Gross Margin % Calculation

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

voestalpine AG's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=3014.9 / 15063.1
=(Revenue - Cost of Goods Sold) / Revenue
=(15063.1 - 12048.2) / 15063.1
=20.02 %

voestalpine AG's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=824.6 / 3924.2
=(Revenue - Cost of Goods Sold) / Revenue
=(3924.2 - 3099.6) / 3924.2
=21.01 %

* 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 21.01% mean?
voestalpine AG (FRA:VASS) has a Gross Margin % of 21.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on voestalpine AG and its competitors. This is near median its historical median of 19.98. Over the past decade, voestalpine AG's Gross Margin % has ranged from 16.75 to 23.06. According to the industry distribution chart, voestalpine AG ranks #178 out of 597 companies in the Steel industry, placing it in the top 29.8%.
Is voestalpine AG's Gross Margin % too high?
voestalpine AG's current Gross Margin % of 21.01% is near median its 10-year median of 19.98. Over the past 10 years, this metric has ranged from a low of 16.75 to a high of 23.06. The Steel industry median Gross Margin % is 12.60. voestalpine AG's value of 21.01% is 66.7% above this industry median. Based on the distribution chart, voestalpine AG ranks #178 out of 597 companies in the Steel industry, which is above the industry midpoint. Overall, voestalpine AG has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does voestalpine AG's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, voestalpine AG ranks #178 out of 597 companies for Gross Margin %. This puts voestalpine AG in the upper half of its industry. The industry median Gross Margin % is 12.60. voestalpine AG's value of 21.01% is 66.7% above this benchmark. Historically, voestalpine AG's own Gross Margin % has ranged from 16.75 to 23.06 over the past decade. While the company's 10-year median is 19.98 vs. the industry median of 12.60, voestalpine AG has consistently been above 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 597 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. voestalpine AG's current Gross Margin % of 21.01% is 66.7% above 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 voestalpine AG and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. voestalpine AG's current Gross Margin % is 21.01%, which is near median its own 10-year median of 19.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is voestalpine AG stock overvalued right now?
Based on GuruFocus' analysis, voestalpine AG (FRA:VASS) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.71, compared to a current price of €8.50 — trading 80.5% above its estimated fair value. The current Gross Margin % is 21.01%, which is near median its 10-year median of 19.98 and 66.7% above the Steel industry median of 12.60. voestalpine AG's overall GF Score™ is 58/100 with 4 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 voestalpine AG (FRA:VASS), the current Gross Margin % is 21.01% as of Mar. 2026. 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 voestalpine AG (FRA:VASS) Overvalued in 2026?

Based on GuruFocus' analysis, voestalpine AG stock appears to be overvalued. The current stock price of €8.50 is trading 80.5% above its estimated GF Value™ of €4.71. GuruFocus considers voestalpine AG to be Significantly Overvalued.

Key valuation signals for FRA:VASS:

  • Gross Margin %: 21.01% (near median its 10-year median of 19.98)
  • GF Value™: €4.71 vs. price of €8.50 (80.5% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 66.7% above the Steel median (#178 of 597)

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


voestalpine AG Business Description

Address Voestalpine-Strasse 1, Linz, AUT, 4020
voestalpine AG is engaged in the manufacturing, processing, and development of steel products. Its divisions are: Steel Division, which generates maximum revenue and is involved in the production of steel products and the casting of large turbines. High-Performance Metals Division provides metals for the automotive, consumer goods, power generation, energy, and aviation sectors. The Metal Engineering Division produces rails, turnout systems, track-based monitoring systems, specially treated wire, and others. Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors, and Holding & Group Services. It generates its maximum revenue from the European Union.
58GF Score

Get the complete analysis for FRA:VASS

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

€8.50
Price
€4.71
GF Value