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Exxaro Resources (JSE:EXX) Gross Margin % : 82.82% (As of Jun. 2024)


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What is Exxaro Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Exxaro Resources's Gross Profit for the six months ended in Jun. 2024 was R15,720 Mil. Exxaro Resources's Revenue for the six months ended in Jun. 2024 was R18,981 Mil. Therefore, Exxaro Resources's Gross Margin % for the quarter that ended in Jun. 2024 was 82.82%.


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

JSE:EXX' s Gross Margin % Range Over the Past 10 Years
Min: 17.59   Med: 84.24   Max: 87.04
Current: 83.87


During the past 13 years, the highest Gross Margin % of Exxaro Resources was 87.04%. The lowest was 17.59%. And the median was 84.24%.

JSE:EXX's Gross Margin % is ranked better than
96.72% of 122 companies
in the Other Energy Sources industry
Industry Median: 26.165 vs JSE:EXX: 83.87

Exxaro Resources had a gross margin of 82.82% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Exxaro Resources was -1.00% per year.


Exxaro Resources Gross Margin % Historical Data

The historical data trend for Exxaro Resources'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.

Exxaro Resources Gross Margin % Chart

Exxaro Resources 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 87.04 85.22 84.45 80.23 84.03

Exxaro Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 - - 83.14 84.88 82.82

Competitive Comparison of Exxaro Resources's Gross Margin %

For the Thermal Coal subindustry, Exxaro Resources'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.


Exxaro Resources's Gross Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Exxaro Resources's Gross Margin % distribution charts can be found below:

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



Exxaro Resources Gross Margin % Calculation

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

Exxaro Resources'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 )
=32518 / 38698
=(Revenue - Cost of Goods Sold) / Revenue
=(38698 - 6180) / 38698
=84.03 %

Exxaro Resources'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 )
=15720 / 18981
=(Revenue - Cost of Goods Sold) / Revenue
=(18981 - 3261) / 18981
=82.82 %

* 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.


Exxaro Resources  (JSE:EXX) 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

Exxaro Resources had a gross margin of 82.82% for the quarter that ended in Jun. 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.


Exxaro Resources Gross Margin % Related Terms

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


Exxaro Resources Business Description

Traded in Other Exchanges
Address
263B West Avenue, Die Hoewes, The conneXXion, Centurion, GT, ZAF, 0163
Exxaro Resources Ltd is one of the South Africa-based diversified resources companies. The company's operating segments are: Coal, Ferrous, Energy, and Others. The majority of its revenue comes from the coal segment, whose operations are located in the Waterberg and Mpumalanga regions and are split between coal commercial operations and coal-tied operations and produce thermal and metallurgical coal. Commercial Waterberg is comprised mainly of the Grootegeluk operation, Commercial Mpumalanga comprising the Belfast and Leeuwpan operations, and Tied comprising of the Matla mine supplying its entire coal supply to Eskom. Its geographical segments are RSA, Europe, Asia, and others, out of which the majority are from the RSA ( Republic of South Africa).

Exxaro Resources Headlines

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