Marfrig Global Foods SA gross margin has been in long-term decline. The average rate of decline per year is -3%.
The historical rank and industry rank for Marfrig Global Foods's Gross Margin % or its related term are showing as below:
MRRTY'
s Gross Margin % Range Over the Past 10 Years
Min: 10.12 Med: 13.06 Max: 20.14
Current: 10.35
During the past 13 years, the highestGross Margin % of Marfrig Global Foods was 20.14%. The lowest was 10.12%. And the median was 13.06%.
MRRTY's Gross Margin % is ranked worse than 83.02% of 1808
companies
in the Consumer Packaged Goods industry
Industry Median: 25.085
vs MRRTY: 10.35
Marfrig Global Foods had a gross margin of 12.29% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Marfrig Global Foods was -3.00% per year.
Marfrig Global Foods Gross Margin % Historical Data
The historical data trend for Marfrig Global Foods'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.
Competitive Comparison of Marfrig Global Foods's Gross Margin %
For the Packaged Foods subindustry, Marfrig Global Foods'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.
Marfrig Global Foods's Gross Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Marfrig Global Foods's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Marfrig Global Foods's Gross Margin % falls into.
* 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.
Marfrig Global Foods (OTCPK:MRRTY) 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
Marfrig Global Foods had a gross margin of 12.29% for the quarter that ended in Dec. 2023 => No sustainable 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.
Marfrig Global Foods Gross Margin % Related Terms
Thank you for viewing the detailed overview of Marfrig Global Foods's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Marfrig Global Foods (Marfrig Global Foods) Business Description
Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.
Marfrig Global Foods (Marfrig Global Foods) Headlines
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