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Industrias ChB de CV (Industrias ChB de CV) Gross Margin % : 27.32% (As of Mar. 2024)


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What is Industrias ChB de CV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Industrias ChB de CV's Gross Profit for the three months ended in Mar. 2024 was $146 Mil. Industrias ChB de CV's Revenue for the three months ended in Mar. 2024 was $533 Mil. Therefore, Industrias ChB de CV's Gross Margin % for the quarter that ended in Mar. 2024 was 27.32%.


The historical rank and industry rank for Industrias ChB de CV's Gross Margin % or its related term are showing as below:

ICHBF' s Gross Margin % Range Over the Past 10 Years
Min: 6.27   Med: 15.89   Max: 28.61
Current: 26.16


During the past 13 years, the highest Gross Margin % of Industrias ChB de CV was 28.61%. The lowest was 6.27%. And the median was 15.89%.

ICHBF's Gross Margin % is ranked better than
81.88% of 585 companies
in the Steel industry
Industry Median: 13.01 vs ICHBF: 26.16

Industrias ChB de CV had a gross margin of 27.32% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Industrias ChB de CV was 14.90% per year.


Industrias ChB de CV Gross Margin % Historical Data

The historical data trend for Industrias ChB de CV'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.

Industrias ChB de CV Gross Margin % Chart

Industrias ChB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.90 12.27 18.66 28.61 27.72

Industrias ChB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 26.62 26.62 26.78 24.55 27.32

Competitive Comparison of Industrias ChB de CV's Gross Margin %

For the Steel subindustry, Industrias ChB de CV'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.


Industrias ChB de CV's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Industrias ChB de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Industrias ChB de CV's Gross Margin % falls into.



Industrias ChB de CV Gross Margin % Calculation

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

Industrias ChB de CV's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=876.4 / 3161.617
=(Revenue - Cost of Goods Sold) / Revenue
=(3161.617 - 2285.22) / 3161.617
=27.72 %

Industrias ChB de CV'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 )
=145.5 / 532.676
=(Revenue - Cost of Goods Sold) / Revenue
=(532.676 - 387.164) / 532.676
=27.32 %

* 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.


Industrias ChB de CV  (OTCPK:ICHBF) 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

Industrias ChB de CV had a gross margin of 27.32% for the quarter that ended in Mar. 2024 => 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.


Industrias ChB de CV Gross Margin % Related Terms

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


Industrias ChB de CV (Industrias ChB de CV) Business Description

Traded in Other Exchanges
Address
Agustin Melgar 23, Fracc Industrial Ninos Heroes, Tlalnepantla, MEX, 54030
Industrias Ch SAB de CV is a Mexican company. It acts as a producer of special steels in Mexico and the United States. The company's products include Billet, pipes, cylindrical and corrugated steel rods, structural profiles, commercial profiles, barbed wires, and wire rods and rod derivatives.

Industrias ChB de CV (Industrias ChB de CV) Headlines

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