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Cemex Holdings Philippines (PHS:CHP) Gross Margin % : 16.55% (As of Mar. 2024)


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What is Cemex Holdings Philippines Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cemex Holdings Philippines's Gross Profit for the three months ended in Mar. 2024 was ₱652 Mil. Cemex Holdings Philippines's Revenue for the three months ended in Mar. 2024 was ₱3,941 Mil. Therefore, Cemex Holdings Philippines's Gross Margin % for the quarter that ended in Mar. 2024 was 16.55%.

Warning Sign:

Cemex Holdings Philippines Inc gross margin has been in long-term decline. The average rate of decline per year is -10.7%.


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

PHS:CHP' s Gross Margin % Range Over the Past 10 Years
Min: 19.77   Med: 41.03   Max: 51.06
Current: 19.77


During the past 11 years, the highest Gross Margin % of Cemex Holdings Philippines was 51.06%. The lowest was 19.77%. And the median was 41.03%.

PHS:CHP's Gross Margin % is ranked worse than
66.22% of 373 companies
in the Building Materials industry
Industry Median: 24.9 vs PHS:CHP: 19.77

Cemex Holdings Philippines had a gross margin of 16.55% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cemex Holdings Philippines was -10.70% per year.


Cemex Holdings Philippines Gross Margin % Historical Data

The historical data trend for Cemex Holdings Philippines'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.

Cemex Holdings Philippines Gross Margin % Chart

Cemex Holdings Philippines 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 41.03 41.06 37.84 32.81 20.64

Cemex Holdings Philippines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.29 24.84 25.57 10.56 16.55

Competitive Comparison of Cemex Holdings Philippines's Gross Margin %

For the Building Materials subindustry, Cemex Holdings Philippines'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.


Cemex Holdings Philippines's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemex Holdings Philippines's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cemex Holdings Philippines's Gross Margin % falls into.



Cemex Holdings Philippines Gross Margin % Calculation

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

Cemex Holdings Philippines'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 )
=3573.6 / 17316.267
=(Revenue - Cost of Goods Sold) / Revenue
=(17316.267 - 13742.696) / 17316.267
=20.64 %

Cemex Holdings Philippines's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=652.2 / 3940.69
=(Revenue - Cost of Goods Sold) / Revenue
=(3940.69 - 3288.442) / 3940.69
=16.55 %

* 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.


Cemex Holdings Philippines  (PHS:CHP) 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

Cemex Holdings Philippines had a gross margin of 16.55% for the quarter that ended in Mar. 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.


Cemex Holdings Philippines Gross Margin % Related Terms

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Cemex Holdings Philippines (PHS:CHP) Business Description

Traded in Other Exchanges
N/A
Address
358 Sen. Gil. J. Puyat Avenue, 34th Floor Petron Mega Plaza Building, Makati, PHL, 1200
Cemex Holdings Philippines Inc is a holding company engaged in manufacturing and marketing cement products such as ready-mix concrete and clinker, in the Philippines. The company primarily sells gray portland cement, masonry, blended cement, and ready-mix concrete. It also offers bag cement and bulk cement. The company markets its products under the brand name APO, Island, and Rizal.

Cemex Holdings Philippines (PHS:CHP) Headlines

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