Basf SEHAM:BAS +1.13%71 Gross Margin % is 25.92% as of Mar. 2026, which is 2% above its 10-year median of 25.37. GuruFocus rates HAM:BAS with a GF Score™ of 71/100 and a GF Value™ of €42.69 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,564 Chemicals companies, Basf SE ranks better than 52.17% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Basf SE's Gross Profit for the
three
months ended in Mar. 2026 was €4,153 Mil. Basf SE's Revenue for the
three
months ended in Mar. 2026 was €16,020 Mil. Therefore, Basf SE's Gross Margin % for the quarter that ended in Mar. 2026 was 25.92%.
The historical rank and industry rank for Basf SE's Gross Margin % or its related term are showing as below:
HAM:BAS'
s Gross Margin % Range Over the Past 10 Years
Min: 24.07 Med: 25.37 Max: 32.07
Current: 24.27
During the past 13 years, the highestGross Margin % of Basf SE was 32.07%. The lowest was 24.07%. And the median was 25.37%.
HAM:BAS's Gross Margin % is ranked better than 52.17% of 1564
companies
in the Chemicals industry
Industry Median: 23.375
vs HAM:BAS: 24.27
Basf SE had a gross margin of 25.92% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Basf SE was -1.00% per year.
Basf SE (HAM:BAS) 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
Basf SE had a gross margin of 25.92% 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.
Basf SE Gross Margin % Related Terms
Basf SE Gross Margin % Historical Data
* Premium members only.
The historical data trend for Basf SE'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.
For the Chemicals subindustry, Basf SE'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.
Basf SE Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Basf SE's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Basf SE's Gross Margin % falls into.
* 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.
Basf SE (HAM:BAS) has a Gross Margin % of 25.92% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Basf SE and its competitors. This is near median its historical median of 25.37. Over the past decade, Basf SE's Gross Margin % has ranged from 24.07 to 32.07. According to the industry distribution chart, Basf SE ranks #748 out of 1564 companies in the Chemicals industry, placing it in the top 47.8%.
Is Basf SE's Gross Margin % too high?
Basf SE's current Gross Margin % of 25.92% is near median its 10-year median of 25.37. Over the past 10 years, this metric has ranged from a low of 24.07 to a high of 32.07. The Chemicals industry median Gross Margin % is 23.38. Basf SE's value of 25.92% is 10.9% above this industry median. Based on the distribution chart, Basf SE ranks #748 out of 1564 companies in the Chemicals industry, which is above the industry midpoint. Overall, Basf SE has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Basf SE's Gross Margin % compare to DOW?
According to the Chemicals industry distribution chart, Basf SE ranks #748 out of 1564 companies for Gross Margin %. This puts Basf SE in the upper half of its industry. The industry median Gross Margin % is 23.38. Basf SE's value of 25.92% is 10.9% above this benchmark. Historically, Basf SE's own Gross Margin % has ranged from 24.07 to 32.07 over the past decade. While the company's 10-year median is 25.37 vs. the industry median of 23.38, Basf SE 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,564 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. Basf SE's current Gross Margin % of 25.92% is 10.9% 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 Basf SE and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Basf SE's current Gross Margin % is 25.92%, which is near median its own 10-year median of 25.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Basf SE stock overvalued right now?
Based on GuruFocus' analysis, Basf SE (HAM:BAS) is currently considered Modestly Overvalued. The stock's GF Value™ is €42.69, compared to a current price of €49.02 — trading 14.8% above its estimated fair value. The current Gross Margin % is 25.92%, which is near median its 10-year median of 25.37 and 10.9% above the Chemicals industry median of 23.38. Basf SE's overall GF Score™ is 71/100 with 5 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 Basf SE (HAM:BAS), the current Gross Margin % is 25.92% 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 Basf SE (HAM:BAS) Overvalued in 2026?
Based on GuruFocus' analysis, Basf SE stock appears to be overvalued.
The current stock price of €49.02 is trading 14.8% above its estimated GF Value™ of €42.69.
GuruFocus considers Basf SE to be Modestly Overvalued.
Key valuation signals for HAM:BAS:
Gross Margin %: 25.92% (near median its 10-year median of 25.37)
GF Value™: €42.69 vs. price of €49.02 (14.8% above fair value)
Industry Position: 10.9% above the Chemicals median (#748 of 1564)
No single metric tells the full story. See the HAM:BAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BASF is one of the world's leading chemical companies. It's headquartered in Germany near the Rhine River, which helps with logistics-related savings. Founded in 1865, it produces a vast array of chemicals, plastics, resins, and agricultural solutions. While the company serves multiple industries, it most prominently serves the automotive, agricultural, construction, and pharmaceutical industries. BASF is a first mover in the energy transition and aims to rapidly expand its recycled and bio-based product portfolio.
71GF Score
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