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Radici Pietro Industries & Brands SpA (MIL:RAD) Gross Margin % : 25.19% (As of Dec. 2023)


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What is Radici Pietro Industries & Brands SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Radici Pietro Industries & Brands SpA's Gross Profit for the six months ended in Dec. 2023 was €7.48 Mil. Radici Pietro Industries & Brands SpA's Revenue for the six months ended in Dec. 2023 was €29.70 Mil. Therefore, Radici Pietro Industries & Brands SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 25.19%.

Warning Sign:

Radici Pietro Industries & Brands SpA gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


The historical rank and industry rank for Radici Pietro Industries & Brands SpA's Gross Margin % or its related term are showing as below:

MIL:RAD' s Gross Margin % Range Over the Past 10 Years
Min: 19.72   Med: 24.35   Max: 26.01
Current: 24.35


During the past 7 years, the highest Gross Margin % of Radici Pietro Industries & Brands SpA was 26.01%. The lowest was 19.72%. And the median was 24.35%.

MIL:RAD's Gross Margin % is ranked worse than
67.49% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.29 vs MIL:RAD: 24.35

Radici Pietro Industries & Brands SpA had a gross margin of 25.19% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Radici Pietro Industries & Brands SpA was -1.60% per year.


Radici Pietro Industries & Brands SpA Gross Margin % Historical Data

The historical data trend for Radici Pietro Industries & Brands 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.

* Premium members only.

Radici Pietro Industries & Brands SpA Gross Margin % Chart

Radici Pietro Industries & Brands SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 24.38 19.72 22.58 21.49 24.35

Radici Pietro Industries & Brands SpA Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.91 21.60 21.38 23.43 25.19

Competitive Comparison of Radici Pietro Industries & Brands SpA's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Radici Pietro Industries & Brands 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.


Radici Pietro Industries & Brands SpA's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Radici Pietro Industries & Brands SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Radici Pietro Industries & Brands SpA's Gross Margin % falls into.



Radici Pietro Industries & Brands SpA Gross Margin % Calculation

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

Radici Pietro Industries & Brands 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 )
=13.9 / 56.986
=(Revenue - Cost of Goods Sold) / Revenue
=(56.986 - 43.11) / 56.986
=24.35 %

Radici Pietro Industries & Brands 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 )
=7.5 / 29.697
=(Revenue - Cost of Goods Sold) / Revenue
=(29.697 - 22.215) / 29.697
=25.19 %

* 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.


Radici Pietro Industries & Brands SpA  (MIL:RAD) 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

Radici Pietro Industries & Brands SpA had a gross margin of 25.19% for the quarter that ended in Dec. 2023 => 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.


Radici Pietro Industries & Brands SpA Gross Margin % Related Terms

Thank you for viewing the detailed overview of Radici Pietro Industries & Brands SpA's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Radici Pietro Industries & Brands SpA (MIL:RAD) Business Description

Traded in Other Exchanges
N/A
Address
Via Cavalier Pietro Radici, 19, Cazzano Sant'Andrea, Bergamo, ITA, 24026
Radici Pietro Industries & Brands SpA is engaged in the carpet business. It offers carpets for various industries such as Hotels, Offices, Ships, Aircraftm Automotive, Residential and others.

Radici Pietro Industries & Brands SpA (MIL:RAD) Headlines

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