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Industrie De Nora spa (MIL:DNR) Gross Margin % : 112.18% (As of Dec. 2023)


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What is Industrie De Nora spa Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Industrie De Nora spa's Gross Profit for the three months ended in Dec. 2023 was €254.3 Mil. Industrie De Nora spa's Revenue for the three months ended in Dec. 2023 was €226.7 Mil. Therefore, Industrie De Nora spa's Gross Margin % for the quarter that ended in Dec. 2023 was 112.18%.


The historical rank and industry rank for Industrie De Nora spa's Gross Margin % or its related term are showing as below:

MIL:DNR' s Gross Margin % Range Over the Past 10 Years
Min: 34.84   Med: 39.74   Max: 57.12
Current: 57.12


During the past 5 years, the highest Gross Margin % of Industrie De Nora spa was 57.12%. The lowest was 34.84%. And the median was 39.74%.

MIL:DNR's Gross Margin % is ranked better than
94.89% of 1508 companies
in the Chemicals industry
Industry Median: 22.28 vs MIL:DNR: 57.12

Industrie De Nora spa had a gross margin of 112.18% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Industrie De Nora spa was 0.00% per year.


Industrie De Nora spa Gross Margin % Historical Data

The historical data trend for Industrie De Nora 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.

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Industrie De Nora spa Gross Margin % Chart

Industrie De Nora spa Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
34.84 38.84 39.74 56.27 57.12

Industrie De Nora spa Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 57.90 58.59 -4.74 112.18 61.57

Competitive Comparison of Industrie De Nora spa's Gross Margin %

For the Specialty Chemicals subindustry, Industrie De Nora 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.


Industrie De Nora spa's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Industrie De Nora spa's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Industrie De Nora spa's Gross Margin % falls into.



Industrie De Nora spa Gross Margin % Calculation

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

Industrie De Nora 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 )
=489.1 / 856.411
=(Revenue - Cost of Goods Sold) / Revenue
=(856.411 - 367.266) / 856.411
=57.12 %

Industrie De Nora spa'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 )
=254.3 / 226.654
=(Revenue - Cost of Goods Sold) / Revenue
=(226.654 - -27.614) / 226.654
=112.18 %

* 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.


Industrie De Nora spa  (MIL:DNR) 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

Industrie De Nora spa had a gross margin of 112.18% for the quarter that ended in Dec. 2023 => 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.


Industrie De Nora spa Gross Margin % Related Terms

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Industrie De Nora spa (MIL:DNR) Business Description

Traded in Other Exchanges
Address
Via Leonardo Bistolfi, 35, Milan, ITA, 20134
Industrie De Nora spa manufactures and distributes chemicals. The Group is organized into three business segments: the Electrode Technologies business. Energy Transition business and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues.

Industrie De Nora spa (MIL:DNR) Headlines

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