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IRLCF (The Israel) Gross Margin % : 32.36% (As of Jun. 2024)


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What is The Israel Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. The Israel's Gross Profit for the three months ended in Jun. 2024 was $567 Mil. The Israel's Revenue for the three months ended in Jun. 2024 was $1,752 Mil. Therefore, The Israel's Gross Margin % for the quarter that ended in Jun. 2024 was 32.36%.


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

IRLCF' s Gross Margin % Range Over the Past 10 Years
Min: 29.45   Med: 33.83   Max: 50.19
Current: 32.21


During the past 13 years, the highest Gross Margin % of The Israel was 50.19%. The lowest was 29.45%. And the median was 33.83%.

IRLCF's Gross Margin % is ranked better than
72.53% of 1518 companies
in the Chemicals industry
Industry Median: 21.97 vs IRLCF: 32.21

The Israel had a gross margin of 32.36% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for The Israel was 4.90% per year.


The Israel Gross Margin % Historical Data

The historical data trend for The Israel'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.

The Israel Gross Margin % Chart

The Israel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.38 29.45 37.47 50.19 35.39

The Israel Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 36.30 31.42 33.08 32.05 32.36

Competitive Comparison of The Israel's Gross Margin %

For the Specialty Chemicals subindustry, The Israel'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.


The Israel's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, The Israel's Gross Margin % distribution charts can be found below:

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



The Israel Gross Margin % Calculation

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

The Israel'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 )
=2667 / 7536
=(Revenue - Cost of Goods Sold) / Revenue
=(7536 - 4869) / 7536
=35.39 %

The Israel's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=567 / 1752
=(Revenue - Cost of Goods Sold) / Revenue
=(1752 - 1185) / 1752
=32.36 %

* 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.


The Israel  (OTCPK:IRLCF) 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

The Israel had a gross margin of 32.36% for the quarter that ended in Jun. 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.


The Israel Gross Margin % Related Terms

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


The Israel Business Description

Traded in Other Exchanges
Address
23 Aranha Street, P.O. Box 20456, Millennium Tower, Tel Aviv, ISR, 61204
The Israel Corp Ltd is a holding company that provides focused exposure to mature assets in the natural resources industry. Operations are conducted through two affiliates: Israel Chemicals and the Bazan Group. It generates maximum revenue from the Israel Chemicals segment. Geographically, it derives a majority of revenue from Israel and also has a presence in Europe; North America; Asia; South America and other countries.

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