DSV ASOCSE:DSV -0.06%95 Gross Margin % is 26.84% as of Mar. 2026, which is 18% above its 10-year median of 22.78. GuruFocus rates OCSE:DSV with a GF Score™ of 95/100 and a GF Value™ of kr1,933.72 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 977 Transportation companies, DSV AS ranks better than 63.05% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. DSV AS's Gross Profit for the
three
months ended in Mar. 2026 was kr18,903 Mil. DSV AS's Revenue for the
three
months ended in Mar. 2026 was kr70,416 Mil. Therefore, DSV AS's Gross Margin % for the quarter that ended in Mar. 2026 was 26.84%.
The historical rank and industry rank for DSV AS's Gross Margin % or its related term are showing as below:
OCSE:DSV'
s Gross Margin % Range Over the Past 10 Years
Min: 20.63 Med: 22.78 Max: 29.06
Current: 27.08
During the past 13 years, the highestGross Margin % of DSV AS was 29.06%. The lowest was 20.63%. And the median was 22.78%.
OCSE:DSV's Gross Margin % is ranked better than 63.05% of 977
companies
in the Transportation industry
Industry Median: 20.42
vs OCSE:DSV: 27.08
DSV AS had a gross margin of 26.84% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for DSV AS was 4.10% per year.
DSV AS (OCSE:DSV) 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
DSV AS had a gross margin of 26.84% for the quarter that ended in Mar. 2026 => 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.
DSV AS Gross Margin % Related Terms
DSV AS Gross Margin % Historical Data
* Premium members only.
The historical data trend for DSV 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.
OCSE:DSV vs UPS, FDX, JBHT: Gross Margin % Comparison
For the Integrated Freight & Logistics subindustry, DSV 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.
DSV AS Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, DSV AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where DSV AS'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.
DSV AS (OCSE:DSV) has a Gross Margin % of 26.84% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DSV AS and its competitors. This is 18% above median its historical median of 22.78. Over the past decade, DSV AS's Gross Margin % has ranged from 20.63 to 29.06. According to the industry distribution chart, DSV AS ranks #361 out of 977 companies in the Transportation industry, placing it in the top 36.9%.
Is DSV AS's Gross Margin % too high?
DSV AS's current Gross Margin % of 26.84% is 18% above median its 10-year median of 22.78. Over the past 10 years, this metric has ranged from a low of 20.63 to a high of 29.06. The Transportation industry median Gross Margin % is 20.42. DSV AS's value of 26.84% is 31.4% above this industry median. Based on the distribution chart, DSV AS ranks #361 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, DSV AS has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DSV AS's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, DSV AS ranks #361 out of 977 companies for Gross Margin %. This puts DSV AS in the upper half of its industry. The industry median Gross Margin % is 20.42. DSV AS's value of 26.84% is 31.4% above this benchmark. Historically, DSV AS's own Gross Margin % has ranged from 20.63 to 29.06 over the past decade. While the company's 10-year median is 22.78 vs. the industry median of 20.42, DSV AS has consistently been above the industry average. 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 20.42, based on 977 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. DSV AS's current Gross Margin % of 26.84% is 31.4% 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 DSV AS and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DSV AS's current Gross Margin % is 26.84%, which is 18% above median its own 10-year median of 22.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSV AS stock overvalued right now?
Based on GuruFocus' analysis, DSV AS (OCSE:DSV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr1,933.72, compared to a current price of kr1,549.00 — trading 19.9% below its estimated fair value. The current Gross Margin % is 26.84%, which is 18% above median its 10-year median of 22.78 and 31.4% above the Transportation industry median of 20.42. DSV AS's overall GF Score™ is 95/100 with 5 warning signs to review. 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 DSV AS (OCSE:DSV), the current Gross Margin % is 26.84% as of Mar. 2026. 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.
Is DSV AS (OCSE:DSV) Overvalued in 2026?
Based on GuruFocus' analysis, DSV AS stock appears to be undervalued.
The current stock price of kr1,549.00 is trading 19.9% below its estimated GF Value™ of kr1,933.72.
GuruFocus considers DSV AS to be Modestly Undervalued.
Key valuation signals for OCSE:DSV:
Gross Margin %: 26.84% (18% above median its 10-year median of 22.78)
GF Value™: kr1,933.72 vs. price of kr1,549.00 (19.9% below fair value)
Industry Position: 31.4% above the Transportation median (#361 of 977)
No single metric tells the full story. See the OCSE:DSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, and sea, with the bulk of its activities coming from airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has experienced rapid growth, primarily through strategic acquisitions. Its most recent acquisition, DB Schenker, occurred in the second quarter of 2025, making DSV the largest sea freight forwarder.
95GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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