Grab Holdings (Grab Holdings) Gross Margin % : 42.27% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Grab Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grab Holdings's Gross Profit for the three months ended in Dec. 2023 was $276 Mil. Grab Holdings's Revenue for the three months ended in Dec. 2023 was $653 Mil. Therefore, Grab Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 42.27%.

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

GRAB' s Gross Margin % Range Over the Past 10 Years
Min: -105.33 Med: 5.37 Max: 256.21
Current: 36.44

During the past 5 years, the highest Gross Margin % of Grab Holdings was 256.21%. The lowest was -105.33%. And the median was 5.37%.

GRAB's Gross Margin % is ranked worse than
57.18% of 2627 companies
in the Software industry
Industry Median: 41.72 vs GRAB: 36.44

Grab Holdings had a gross margin of 42.27% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grab Holdings was 0.00% per year.

Grab Holdings Gross Margin % Historical Data

The historical data trend for Grab Holdings'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.

Grab Holdings Gross Margin % Chart

Grab Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

256.21

-105.33

-58.52

5.37

36.46

Grab Holdings Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial										22.71	29.14	33.69	39.02	42.27

Competitive Comparison of Grab Holdings's Gross Margin %

For the Software - Application subindustry, Grab Holdings'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.

Grab Holdings's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Grab Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grab Holdings's Gross Margin % falls into.

Grab Holdings Gross Margin % Calculation

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

Grab Holdings'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 )
	=	860	/	2359
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2359 - 1499)	/	2359
	=	36.46 %

Grab Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	276	/	653
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(653 - 377)	/	653
	=	42.27 %

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.

Grab Holdings (NAS:GRAB) 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

Grab Holdings had a gross margin of 42.27% for the quarter that ended in Dec. 2023 => 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.

Grab Holdings Gross Margin % Related Terms

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

Grab Holdings (Grab Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grab Holdings Inc (NAS:GRAB) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

A6I:Germany A6I:Germany

Address

3 Media Close, No. 01-03/06, Singapore, SGP, 138498

Website

https://www.grab.com

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.