MNGA (MNG Havayollari ve Tasimacilik AS) Gross Margin %: 25.18% (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Gross Margin %?

MNG Havayollari ve Tasimacilik AS MNGA Gross Margin % is 25.18% as of Dec. 2022.

Gross Margin % is calculated as gross profit divided by its revenue. MNG Havayollari ve Tasimacilik AS's Gross Profit for the three months ended in Dec. 2022 was $26.62 Mil. MNG Havayollari ve Tasimacilik AS's Revenue for the three months ended in Dec. 2022 was $105.73 Mil. Therefore, MNG Havayollari ve Tasimacilik AS's Gross Margin % for the quarter that ended in Dec. 2022 was 25.18%.


The historical rank and industry rank for MNG Havayollari ve Tasimacilik AS's Gross Margin % or its related term are showing as below:


MNGA's Gross Margin % is not ranked *
in the Transportation industry.
Industry Median: 20.32
* Ranked among companies with meaningful Gross Margin % only.

MNG Havayollari ve Tasimacilik AS had a gross margin of 25.18% for the quarter that ended in Dec. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MNG Havayollari ve Tasimacilik AS was 0.00% per year.


MNG Havayollari ve Tasimacilik AS  (NYSE:MNGA) 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

MNG Havayollari ve Tasimacilik AS had a gross margin of 25.18% for the quarter that ended in Dec. 2022 => 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.


MNG Havayollari ve Tasimacilik AS Gross Margin % Related Terms


MNG Havayollari ve Tasimacilik AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for MNG Havayollari ve Tasimacilik AS'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.

MNG Havayollari ve Tasimacilik AS Gross Margin % Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
36.81 30.33 23.19

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Gross Margin % 0.00 34.79 0.00 25.18

MNGA vs : Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, MNG Havayollari ve Tasimacilik AS'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.


MNG Havayollari ve Tasimacilik AS Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, MNG Havayollari ve Tasimacilik AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MNG Havayollari ve Tasimacilik AS's Gross Margin % falls into.



MNG Havayollari ve Tasimacilik AS Gross Margin % Calculation

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

MNG Havayollari ve Tasimacilik AS's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=83.3 / 359.302
=(Revenue - Cost of Goods Sold) / Revenue
=(359.302 - 275.965) / 359.302
=23.19 %

MNG Havayollari ve Tasimacilik AS's Gross Margin for the quarter that ended in Dec. 2022 is calculated as


Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=26.6 / 105.729
=(Revenue - Cost of Goods Sold) / Revenue
=(105.729 - 79.105) / 105.729
=25.18 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 25.18% mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Gross Margin % of 25.18% as of Dec. 2022. Gross margin is the ratio of total gross profit to net sales. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Gross Margin % too high?
MNG Havayollari ve Tasimacilik AS's current Gross Margin % is 25.18%. The Transportation industry median Gross Margin % is 20.32. MNG Havayollari ve Tasimacilik AS's value of 25.18% is 23.9% above this industry median.
How does MNG Havayollari ve Tasimacilik AS's Gross Margin % compare to ?
MNG Havayollari ve Tasimacilik AS's Gross Margin % of 25.18% can be compared against companies in the Transportation industry. The industry median Gross Margin % is 20.32. MNG Havayollari ve Tasimacilik AS's value of 25.18% is 23.9% above this benchmark. 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.32, based on 983 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. MNG Havayollari ve Tasimacilik AS's current Gross Margin % of 25.18% is 23.9% above the industry median. 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 MNG Havayollari ve Tasimacilik AS and its competitors. For the Transportation industry, the median Gross Margin % is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MNG Havayollari ve Tasimacilik AS's current Gross Margin % is 25.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Gross Margin % of 25.18%. The current Gross Margin % is 25.18% and 23.9% above the Transportation industry median of 20.32. 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 MNG Havayollari ve Tasimacilik AS (MNGA), the current Gross Margin % is 25.18% as of Dec. 2022. 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.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.