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Dr Hoenle AG (HAM:HNL) Gross Margin % : 61.67% (As of Mar. 2024)


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What is Dr Hoenle AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dr Hoenle AG's Gross Profit for the three months ended in Mar. 2024 was €15.0 Mil. Dr Hoenle AG's Revenue for the three months ended in Mar. 2024 was €24.3 Mil. Therefore, Dr Hoenle AG's Gross Margin % for the quarter that ended in Mar. 2024 was 61.67%.

Warning Sign:

Dr Hoenle AG gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


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

HAM:HNL' s Gross Margin % Range Over the Past 10 Years
Min: 49.37   Med: 64.05   Max: 67.59
Current: 49.37


During the past 13 years, the highest Gross Margin % of Dr Hoenle AG was 67.59%. The lowest was 49.37%. And the median was 64.05%.

HAM:HNL's Gross Margin % is ranked better than
89.62% of 2928 companies
in the Industrial Products industry
Industry Median: 26.56 vs HAM:HNL: 49.37

Dr Hoenle AG had a gross margin of 61.67% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dr Hoenle AG was -6.10% per year.


Dr Hoenle AG Gross Margin % Historical Data

The historical data trend for Dr Hoenle 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.

* Premium members only.

Dr Hoenle AG Gross Margin % Chart

Dr Hoenle AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.59 64.49 60.21 54.60 50.17

Dr Hoenle AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.90 18.69 58.95 59.92 61.67

Competitive Comparison of Dr Hoenle AG's Gross Margin %

For the Electrical Equipment & Parts subindustry, Dr Hoenle 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.


Dr Hoenle AG's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dr Hoenle AG's Gross Margin % distribution charts can be found below:

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



Dr Hoenle AG Gross Margin % Calculation

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

Dr Hoenle AG's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=53.3 / 106.342
=(Revenue - Cost of Goods Sold) / Revenue
=(106.342 - 52.995) / 106.342
=50.17 %

Dr Hoenle AG's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=15 / 24.321
=(Revenue - Cost of Goods Sold) / Revenue
=(24.321 - 9.323) / 24.321
=61.67 %

* 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.


Dr Hoenle AG  (HAM:HNL) 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

Dr Hoenle AG had a gross margin of 61.67% for the quarter that ended in Mar. 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.


Dr Hoenle AG Gross Margin % Related Terms

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Dr Hoenle AG (HAM:HNL) Business Description

Traded in Other Exchanges
Address
Nicolaus-Otto-Street 2, Gilching, Munich, BY, DEU, 82205
Dr Hoenle AG supplies industrial UV technology. It operates in three business segments: The Equipment and Systems segment, which accounts for the majority of revenue, includes devices for UVC air and surface disinfection, and it is used for drying inks and coatings, for curing adhesives and plastics, and for solar simulation. The Glass and Lamps segment includes the development, production, and sale of tubing and semi-finished goods made of quartz glass as well as the manufacture of UV medium?pressure and low-pressure lamps. Adhesives segment, which includes industrial adhesives designed for a broad spectrum of applications such as electronics, medical technology, optics, and glass processing. The company generates the majority of its revenue from sales in other countries.

Dr Hoenle AG (HAM:HNL) Headlines

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