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Harland & Wolff Group Holdings (LSE:HARL) Gross Margin % : 19.41% (As of Jun. 2023)


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What is Harland & Wolff Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Harland & Wolff Group Holdings's Gross Profit for the six months ended in Jun. 2023 was £4.96 Mil. Harland & Wolff Group Holdings's Revenue for the six months ended in Jun. 2023 was £25.53 Mil. Therefore, Harland & Wolff Group Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 19.41%.


The historical rank and industry rank for Harland & Wolff Group Holdings's Gross Margin % or its related term are showing as below:

LSE:HARL' s Gross Margin % Range Over the Past 10 Years
Min: 19.24   Med: 20.55   Max: 20.58
Current: 19.24


During the past 13 years, the highest Gross Margin % of Harland & Wolff Group Holdings was 20.58%. The lowest was 19.24%. And the median was 20.55%.

LSE:HARL's Gross Margin % is ranked worse than
63.51% of 296 companies
in the Aerospace & Defense industry
Industry Median: 25.875 vs LSE:HARL: 19.24

Harland & Wolff Group Holdings had a gross margin of 19.41% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Harland & Wolff Group Holdings was 0.00% per year.


Harland & Wolff Group Holdings Gross Margin % Historical Data

The historical data trend for Harland & Wolff Group Holdings'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.

Harland & Wolff Group Holdings Gross Margin % Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 20.51 20.58

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 22.65 22.86 21.94 18.91 19.41

Competitive Comparison of Harland & Wolff Group Holdings's Gross Margin %

For the Aerospace & Defense subindustry, Harland & Wolff Group Holdings'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.


Harland & Wolff Group Holdings's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Harland & Wolff Group Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Harland & Wolff Group Holdings's Gross Margin % falls into.



Harland & Wolff Group Holdings Gross Margin % Calculation

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

Harland & Wolff Group Holdings'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 )
=5.8 / 27.97
=(Revenue - Cost of Goods Sold) / Revenue
=(27.97 - 22.215) / 27.97
=20.58 %

Harland & Wolff Group Holdings's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=5 / 25.533
=(Revenue - Cost of Goods Sold) / Revenue
=(25.533 - 20.578) / 25.533
=19.41 %

* 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.


Harland & Wolff Group Holdings  (LSE:HARL) 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

Harland & Wolff Group Holdings had a gross margin of 19.41% for the quarter that ended in Jun. 2023 => No sustainable 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.


Harland & Wolff Group Holdings Gross Margin % Related Terms

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


Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines