Landi Renzo SpA (LTS:0ND3) Gross Margin %: 38.70% (As of Sep. 2024)


LTS:0ND3 Landi Renzo SpA LTS:0ND3
4 GF Score
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What is Landi Renzo SpA Gross Margin %?

Landi Renzo SpA LTS:0ND3 4 Gross Margin % is 38.70% as of Sep. 2024. GuruFocus rates LTS:0ND3 with a GF Score™ of 4/100.

Gross Margin % is calculated as gross profit divided by its revenue. Landi Renzo SpA's Gross Profit for the three months ended in Sep. 2024 was €23.0 Mil. Landi Renzo SpA's Revenue for the three months ended in Sep. 2024 was €59.3 Mil. Therefore, Landi Renzo SpA's Gross Margin % for the quarter that ended in Sep. 2024 was 38.70%.


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


LTS:0ND3's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.835
* Ranked among companies with meaningful Gross Margin % only.

Landi Renzo SpA had a gross margin of 38.70% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Landi Renzo SpA was 0.00% per year.


Landi Renzo SpA  (LTS:0ND3) 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

Landi Renzo SpA had a gross margin of 38.70% for the quarter that ended in Sep. 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.


Landi Renzo SpA Gross Margin % Related Terms


Landi Renzo SpA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Landi Renzo SpA'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.

Landi Renzo SpA Gross Margin % Chart

Landi Renzo SpA 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 47.61 40.89 37.90 38.30 37.54

Landi Renzo SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 37.26 36.75 39.30 39.09 38.70

LTS:0ND3 vs ORLY, AZO, GPC: Gross Margin % Comparison

For the Auto Parts subindustry, Landi Renzo SpA'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.


Landi Renzo SpA Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Landi Renzo SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Landi Renzo SpA's Gross Margin % falls into.


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Landi Renzo SpA LTS:0ND3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Landi Renzo SpA Gross Margin % Calculation

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

Landi Renzo SpA'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 )
=113.9 / 303.339
=(Revenue - Cost of Goods Sold) / Revenue
=(303.339 - 189.468) / 303.339
=37.54 %

Landi Renzo SpA's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=23 / 59.348
=(Revenue - Cost of Goods Sold) / Revenue
=(59.348 - 36.379) / 59.348
=38.70 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 38.70% mean?
Landi Renzo SpA (LTS:0ND3) has a Gross Margin % of 38.70% as of Sep. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Landi Renzo SpA and its competitors.
Is Landi Renzo SpA's Gross Margin % too high?
Landi Renzo SpA's current Gross Margin % is 38.70%. The Vehicles & Parts industry median Gross Margin % is 19.84. Landi Renzo SpA's value of 38.70% is 95.1% above this industry median. Overall, Landi Renzo SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Landi Renzo SpA's Gross Margin % compare to ORLY and AZO?
Landi Renzo SpA's Gross Margin % of 38.70% can be compared against companies in the Vehicles & Parts industry. The industry median Gross Margin % is 19.84. Landi Renzo SpA's value of 38.70% is 95.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,310 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Landi Renzo SpA's current Gross Margin % of 38.70% is 95.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Landi Renzo SpA and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landi Renzo SpA's current Gross Margin % is 38.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landi Renzo SpA stock overvalued right now?
Landi Renzo SpA (LTS:0ND3) has a current Gross Margin % of 38.70%. The current Gross Margin % is 38.70% and 95.1% above the Vehicles & Parts industry median of 19.84. Landi Renzo SpA's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Landi Renzo SpA (LTS:0ND3), the current Gross Margin % is 38.70% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Landi Renzo SpA Business Description

Address Via Nobel 2, Corte Tegge, Cavriago, ITA, 42025
Landi Renzo SpA is engaged in the automotive fuel supply systems sector. The company mainly designs, manufactures, and sells liquefied petroleum gas and compressed natural gas fuel supply systems for the automotive sector. In addition, it also manufactures compressors for fuel stations, and audio and alarm systems. The group sells its products to car manufacturers, independent retailers, and importers. It has two operating segments which include the Green Transportation segment, and the Clean Tech Solutions segment. The Green Transportation segment generates a majority of its revenue which is designed, manufactured, and sold through the OEM and After Market channels of mechanical and electronic systems and components for the use of automotive gas.
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