Danimer Scientific (MEX:DNMR) Gross Margin %: -84.76% (As of Sep. 2024)


MEX:DNMR Danimer Scientific Inc MEX:DNMR
12 GF Score
Price MXN3,494.00
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What is Danimer Scientific Gross Margin %?

Danimer Scientific MEX:DNMR 12 Gross Margin % is -84.76% as of Sep. 2024. GuruFocus rates MEX:DNMR with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Danimer Scientific's Gross Profit for the three months ended in Sep. 2024 was MXN-144.0 Mil. Danimer Scientific's Revenue for the three months ended in Sep. 2024 was MXN169.9 Mil. Therefore, Danimer Scientific's Gross Margin % for the quarter that ended in Sep. 2024 was -84.76%.


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


MEX:DNMR's Gross Margin % is not ranked *
in the Chemicals industry.
Industry Median: 23.36
* Ranked among companies with meaningful Gross Margin % only.

Danimer Scientific had a gross margin of -84.76% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Danimer Scientific was 0.00% per year.


Danimer Scientific  (MEX:DNMR) 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

Danimer Scientific had a gross margin of -84.76% for the quarter that ended in Sep. 2024 => 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.


Danimer Scientific Gross Margin % Related Terms


Danimer Scientific Gross Margin % Historical Data

* Premium members only.

The historical data trend for Danimer Scientific'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.

Danimer Scientific Gross Margin % Chart

Danimer Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
34.34 24.21 1.50 -19.57 -57.75

Danimer Scientific 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 -70.67 -58.22 -61.73 -90.50 -84.76

MEX:DNMR vs HGAS, BON, CNEY: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Danimer Scientific'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.


Danimer Scientific Gross Margin % vs Chemicals Industry

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

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


MEX:DNMR
12GF Score
Danimer Scientific Inc MEX:DNMR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Danimer Scientific Gross Margin % Calculation

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

Danimer Scientific'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 )
=-457.6 / 792.426
=(Revenue - Cost of Goods Sold) / Revenue
=(792.426 - 1250.052) / 792.426
=-57.75 %

Danimer Scientific'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 )
=-144 / 169.927
=(Revenue - Cost of Goods Sold) / Revenue
=(169.927 - 313.962) / 169.927
=-84.76 %

* 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 -84.76% mean?
Danimer Scientific (MEX:DNMR) has a Gross Margin % of -84.76% as of Sep. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Danimer Scientific and its competitors.
Is Danimer Scientific's Gross Margin % too high?
Danimer Scientific's current Gross Margin % is -84.76%. Overall, Danimer Scientific has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Danimer Scientific's Gross Margin % compare to HGAS and BON?
Danimer Scientific's Gross Margin % of -84.76% can be compared against companies in the Chemicals industry. The industry median Gross Margin % is 23.36. 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.36, based on 1,560 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. 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 Danimer Scientific and its competitors. For the Chemicals industry, the median Gross Margin % is 23.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danimer Scientific's current Gross Margin % is -84.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danimer Scientific stock overvalued right now?
Danimer Scientific (MEX:DNMR) has a current Gross Margin % of -84.76%. The current Gross Margin % is -84.76%. Danimer Scientific's overall GF Score™ is 12/100. 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 Danimer Scientific (MEX:DNMR), the current Gross Margin % is -84.76% 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.

Danimer Scientific Business Description

Address 140 Industrial Boulevard, Bainbridge, GA, USA, 39817
Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. Geographically, the company generates a majority of its revenue from the United States and the rest from Germany, Poland, Belgium, and other regions.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,494.00
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