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Luxfer Holdings (Luxfer Holdings) Gross Margin % : 17.41% (As of Dec. 2023)


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What is Luxfer Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Luxfer Holdings's Gross Profit for the three months ended in Dec. 2023 was $16.7 Mil. Luxfer Holdings's Revenue for the three months ended in Dec. 2023 was $95.9 Mil. Therefore, Luxfer Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 17.41%.

Warning Sign:

Luxfer Holdings PLC gross margin has been in long-term decline. The average rate of decline per year is -7.7%.


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

LXFR' s Gross Margin % Range Over the Past 10 Years
Min: 18.91   Med: 23.84   Max: 29.34
Current: 18.91


During the past 13 years, the highest Gross Margin % of Luxfer Holdings was 29.34%. The lowest was 18.91%. And the median was 23.84%.

LXFR's Gross Margin % is ranked worse than
71.18% of 2935 companies
in the Industrial Products industry
Industry Median: 26.42 vs LXFR: 18.91

Luxfer Holdings had a gross margin of 17.41% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Luxfer Holdings was -7.70% per year.


Luxfer Holdings Gross Margin % Historical Data

The historical data trend for Luxfer 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.

Luxfer Holdings Gross Margin % Chart

Luxfer Holdings 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 27.77 24.91 25.66 22.44 18.91

Luxfer Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 18.77 20.83 21.92 14.99 17.41

Competitive Comparison of Luxfer Holdings's Gross Margin %

For the Specialty Industrial Machinery subindustry, Luxfer 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.


Luxfer Holdings's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luxfer Holdings's Gross Margin % distribution charts can be found below:

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



Luxfer Holdings Gross Margin % Calculation

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

Luxfer Holdings'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 )
=76.6 / 405
=(Revenue - Cost of Goods Sold) / Revenue
=(405 - 328.4) / 405
=18.91 %

Luxfer Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=16.7 / 95.9
=(Revenue - Cost of Goods Sold) / Revenue
=(95.9 - 79.2) / 95.9
=17.41 %

* 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.


Luxfer Holdings  (NYSE:LXFR) 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

Luxfer Holdings had a gross margin of 17.41% for the quarter that ended in Dec. 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.


Luxfer Holdings Gross Margin % Related Terms

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


Luxfer Holdings (Luxfer Holdings) Business Description

Traded in Other Exchanges
Address
8989 North Port Washington Road, Suite 211, Milwaukee, WI, USA, 53217
Luxfer Holdings PLC is a global manufacturer of highly-engineered industrial materials which focuses on value creation by using its broad array of technical know-how and proprietary technologies. Its high-performance materials, components and high-pressure gas containment devices are used in defense and emergency response, healthcare, transportation and general industrial applications. It focuses primarily on product lines related to magnesium alloys, zirconium chemicals and carbon composites. Its product areas, include magnesium aerospace alloys, photo-engraving plates, zirconium chemicals for automotive catalytic converters and high-pressure composite cylinders for breathing applications and a wide variety of other uses. Its segments are Elektron and Gas Cylinders.
Executives
Stephen Webster officer: Group Financial Controller LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Andrew Butcher officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Patrick K Mullen director LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Howard Ioan Mead officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Mark James Lawday officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Sylvia Ann Stein director 1500 DEKOVEN AVE., RACINE WI 53403
Jeffrey C. Moorefield officer: See Remarks C/O LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Mark Chivers officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
David Landless director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Graham Wardlow officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
James Gardella officer: President, Luxfer Magtech LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Megan Elizabeth Glise officer: Associate General Counsel LUMNS LANE, MANCHESTER X0 M27 8LN
Alok Maskara director, officer: Chief Executive Officer 2140 LAKE PARK BLVD, RICHARDSON TX 75080

Luxfer Holdings (Luxfer Holdings) Headlines

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