TMP Group SpA (MIL:TMP) Gross Margin % : 36.56% (As of Jun. 2024)

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What is TMP Group SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TMP Group SpA's Gross Profit for the six months ended in Jun. 2024 was €0.92 Mil. TMP Group SpA's Revenue for the six months ended in Jun. 2024 was €2.51 Mil. Therefore, TMP Group SpA's Gross Margin % for the quarter that ended in Jun. 2024 was 36.56%.

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

MIL:TMP' s Gross Margin % Range Over the Past 10 Years
Min: 24.4 Med: 38.45 Max: 52.05
Current: 24.4

During the past 3 years, the highest Gross Margin % of TMP Group SpA was 52.05%. The lowest was 24.40%. And the median was 38.45%.

MIL:TMP's Gross Margin % is ranked worse than
71.19% of 972 companies
in the Media - Diversified industry
Industry Median: 39.29 vs MIL:TMP: 24.40

TMP Group SpA had a gross margin of 36.56% for the quarter that ended in Jun. 2024 => Competition eroding margins

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

TMP Group SpA Gross Margin % Historical Data

The historical data trend for TMP Group 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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TMP Group SpA Gross Margin % Chart

TMP Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

38.45

52.05

32.45

TMP Group SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Gross Margin %	Get a 7-Day Free Trial			46.20	56.68	48.70	12.06	36.56

Competitive Comparison of TMP Group SpA's Gross Margin %

For the Advertising Agencies subindustry, TMP Group 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.

TMP Group SpA's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TMP Group SpA's Gross Margin % distribution charts can be found below:

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

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TMP Group SpA Gross Margin % Calculation

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

TMP Group 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 )
	=	1.8	/	5.578
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.578 - 3.768)	/	5.578
	=	32.45 %

TMP Group SpA's Gross Margin for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )	=	Gross Profit (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0.9	/	2.508
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2.508 - 1.591)	/	2.508
	=	36.56 %

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.

TMP Group SpA (MIL:TMP) 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

TMP Group SpA had a gross margin of 36.56% for the quarter that ended in Jun. 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.

TMP Group SpA Gross Margin % Related Terms

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TMP Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TMP Group SpA (MIL:TMP) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tortona, 27, Milan, ITA, 20144

Website

https://www.tmpgroup.it

TMP Group SpA operates as a media company. It supports companies in the Manufactory, Fin-tech, Sport, and Fashion and Design industries in the management of positioning projects, business innovation, identity, and digital transformation through Digital Marketing, Experience and Events, Production, and Metaverse and NFT activities.