Vantage Towers AG (HAM:VTWR) Gross Margin % : 95.59% (As of Mar. 2023)

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What is Vantage Towers AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vantage Towers AG's Gross Profit for the six months ended in Mar. 2023 was €537 Mil. Vantage Towers AG's Revenue for the six months ended in Mar. 2023 was €562 Mil. Therefore, Vantage Towers AG's Gross Margin % for the quarter that ended in Mar. 2023 was 95.59%.

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

HAM:VTWR' s Gross Margin % Range Over the Past 10 Years
Min: 95.34 Med: 95.47 Max: 95.79
Current: 95.79

During the past 3 years, the highest Gross Margin % of Vantage Towers AG was 95.79%. The lowest was 95.34%. And the median was 95.47%.

HAM:VTWR's Gross Margin % is not ranked
in the Real Estate industry.
Industry Median: 36.22 vs HAM:VTWR: 95.79

Vantage Towers AG had a gross margin of 95.59% for the quarter that ended in Mar. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vantage Towers AG was 0.00% per year.

Vantage Towers AG Gross Margin % Historical Data

The historical data trend for Vantage Towers 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.

Vantage Towers AG Gross Margin % Chart

Vantage Towers AG Annual Data

Trend

Mar21

Mar22

Mar23

Gross Margin %

95.34

95.47

95.79

Vantage Towers AG Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Gross Margin %	Get a 7-Day Free Trial			95.47	95.97	94.98	96.01	95.59

Competitive Comparison of Vantage Towers AG's Gross Margin %

For the Real Estate Services subindustry, Vantage Towers 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.

Vantage Towers AG's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vantage Towers AG's Gross Margin % distribution charts can be found below:

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

Vantage Towers AG Gross Margin % Calculation

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

Vantage Towers AG's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	1049.1	/	1095.2
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1095.2 - 46.1)	/	1095.2
	=	95.79 %

Vantage Towers AG's Gross Margin for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )	=	Gross Profit (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	537.1	/	561.9
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(561.9 - 24.8)	/	561.9
	=	95.59 %

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.

Vantage Towers AG (HAM:VTWR) 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

Vantage Towers AG had a gross margin of 95.59% for the quarter that ended in Mar. 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.

Vantage Towers AG Gross Margin % Related Terms

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Vantage Towers AG (HAM:VTWR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

VTAGY:USA

Address

Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549

Website

https://www.vantagetowers.com

Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (HAM:VTWR) Headlines

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