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MLSTF (Mills Estruturas e Servicos de Engenharia) Gross Margin % : 62.96% (As of Jun. 2024)


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What is Mills Estruturas e Servicos de Engenharia Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mills Estruturas e Servicos de Engenharia's Gross Profit for the three months ended in Jun. 2024 was $43.27 Mil. Mills Estruturas e Servicos de Engenharia's Revenue for the three months ended in Jun. 2024 was $68.72 Mil. Therefore, Mills Estruturas e Servicos de Engenharia's Gross Margin % for the quarter that ended in Jun. 2024 was 62.96%.


The historical rank and industry rank for Mills Estruturas e Servicos de Engenharia's Gross Margin % or its related term are showing as below:

MLSTF' s Gross Margin % Range Over the Past 10 Years
Min: -5.62   Med: 39.86   Max: 64.44
Current: 63.04


During the past 13 years, the highest Gross Margin % of Mills Estruturas e Servicos de Engenharia was 64.44%. The lowest was -5.62%. And the median was 39.86%.

MLSTF's Gross Margin % is ranked better than
80.78% of 994 companies
in the Business Services industry
Industry Median: 34.88 vs MLSTF: 63.04

Mills Estruturas e Servicos de Engenharia had a gross margin of 62.96% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mills Estruturas e Servicos de Engenharia was 34.00% per year.


Mills Estruturas e Servicos de Engenharia Gross Margin % Historical Data

The historical data trend for Mills Estruturas e Servicos de Engenharia'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.

Mills Estruturas e Servicos de Engenharia Gross Margin % Chart

Mills Estruturas e Servicos de Engenharia 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 35.72 39.39 54.60 63.65 64.44

Mills Estruturas e Servicos de Engenharia Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 64.29 63.77 64.92 60.44 62.96

Competitive Comparison of Mills Estruturas e Servicos de Engenharia's Gross Margin %

For the Rental & Leasing Services subindustry, Mills Estruturas e Servicos de Engenharia'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.


Mills Estruturas e Servicos de Engenharia's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Estruturas e Servicos de Engenharia's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mills Estruturas e Servicos de Engenharia's Gross Margin % falls into.



Mills Estruturas e Servicos de Engenharia Gross Margin % Calculation

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

Mills Estruturas e Servicos de Engenharia'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 )
=181.2 / 281.186
=(Revenue - Cost of Goods Sold) / Revenue
=(281.186 - 99.989) / 281.186
=64.44 %

Mills Estruturas e Servicos de Engenharia'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 )
=43.3 / 68.72
=(Revenue - Cost of Goods Sold) / Revenue
=(68.72 - 25.455) / 68.72
=62.96 %

* 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.


Mills Estruturas e Servicos de Engenharia  (GREY:MLSTF) 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

Mills Estruturas e Servicos de Engenharia had a gross margin of 62.96% for the quarter that ended in Jun. 2024 => 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.


Mills Estruturas e Servicos de Engenharia Gross Margin % Related Terms

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Mills Estruturas e Servicos de Engenharia Business Description

Traded in Other Exchanges
Address
Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

Mills Estruturas e Servicos de Engenharia Headlines

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