OUTFF (Outokumpu Oyj) Gross Margin % : 6.72% (As of Sep. 2024)

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What is Outokumpu Oyj Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Outokumpu Oyj's Gross Profit for the three months ended in Sep. 2024 was $113 Mil. Outokumpu Oyj's Revenue for the three months ended in Sep. 2024 was $1,685 Mil. Therefore, Outokumpu Oyj's Gross Margin % for the quarter that ended in Sep. 2024 was 6.72%.

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

OUTFF' s Gross Margin % Range Over the Past 10 Years
Min: 1.74 Med: 6.9 Max: 14.19
Current: 4.53

During the past 13 years, the highest Gross Margin % of Outokumpu Oyj was 14.19%. The lowest was 1.74%. And the median was 6.90%.

OUTFF's Gross Margin % is ranked worse than
79.5% of 600 companies
in the Steel industry
Industry Median: 11.595 vs OUTFF: 4.53

Outokumpu Oyj had a gross margin of 6.72% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Outokumpu Oyj was 13.90% per year.

Outokumpu Oyj Gross Margin % Historical Data

The historical data trend for Outokumpu Oyj'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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Outokumpu Oyj Gross Margin % Chart

Outokumpu Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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4.61

4.19

12.88

14.19

7.00

Outokumpu Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															2.42	1.92	5.07	4.42	6.72

Competitive Comparison of Outokumpu Oyj's Gross Margin %

For the Steel subindustry, Outokumpu Oyj'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.

Outokumpu Oyj's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Outokumpu Oyj's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Outokumpu Oyj's Gross Margin % falls into.

Outokumpu Oyj Gross Margin % Calculation

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

Outokumpu Oyj'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 )
	=	531.1	/	7591.058
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7591.058 - 7059.978)	/	7591.058
	=	7.00 %

Outokumpu Oyj's Gross Margin for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	113.2	/	1684.795
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1684.795 - 1571.587)	/	1684.795
	=	6.72 %

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.

Outokumpu Oyj (OTCPK:OUTFF) 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

Outokumpu Oyj had a gross margin of 6.72% for the quarter that ended in Sep. 2024 => 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.

Outokumpu Oyj Gross Margin % Related Terms

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Outokumpu Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Outokumpu Oyj (OTCPK:OUTFF) » Definitions » Gross Margin %

Traded in Other Exchanges

OUTKY:USA OUT1Vh:UK 0FJ8:UK OUT1V:Finland OUTA:Germany

Address

Salmisaarenranta 11, Helsinki, FIN, FI-00180

Website

https://www.outokumpu.com

Outokumpu Oyj is a steel and alloys maker. Its business is divided into four business areas which are Europe, Americas and Ferrochrome and Other operations. Europe derives the key revenue, consists of both coil and plate operations in Europe. The high-volume and tailored standard stainless-steel grades are used for example in architecture, building and construction, transportation, catering and appliances, chemical, petrochemical and energy sectors, as well as other process industries. Americas produces standard austenitic and ferritic grades as well as tailored products. Other operations consist of activities outside the three operating segments, as well as industrial holdings, non-core businesses and strategic group level investments and Ferrochrome produces charge grade of ferrochrome.