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SBOEY (Schoeller-Bleckmann Oilfield Equipment AG) Gross Margin % : 28.43% (As of Jun. 2024)


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What is Schoeller-Bleckmann Oilfield Equipment AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Schoeller-Bleckmann Oilfield Equipment AG's Gross Profit for the three months ended in Jun. 2024 was $43.3 Mil. Schoeller-Bleckmann Oilfield Equipment AG's Revenue for the three months ended in Jun. 2024 was $152.1 Mil. Therefore, Schoeller-Bleckmann Oilfield Equipment AG's Gross Margin % for the quarter that ended in Jun. 2024 was 28.43%.


The historical rank and industry rank for Schoeller-Bleckmann Oilfield Equipment AG's Gross Margin % or its related term are showing as below:

SBOEY' s Gross Margin % Range Over the Past 10 Years
Min: 1.93   Med: 29.52   Max: 34.65
Current: 31.3


During the past 13 years, the highest Gross Margin % of Schoeller-Bleckmann Oilfield Equipment AG was 34.65%. The lowest was 1.93%. And the median was 29.52%.

SBOEY's Gross Margin % is ranked better than
54.81% of 905 companies
in the Oil & Gas industry
Industry Median: 27.54 vs SBOEY: 31.30

Schoeller-Bleckmann Oilfield Equipment AG had a gross margin of 28.43% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Schoeller-Bleckmann Oilfield Equipment AG was 1.40% per year.


Schoeller-Bleckmann Oilfield Equipment AG Gross Margin % Historical Data

The historical data trend for Schoeller-Bleckmann Oilfield Equipment AG'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.

Schoeller-Bleckmann Oilfield Equipment AG Gross Margin % Chart

Schoeller-Bleckmann Oilfield Equipment AG 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 29.77 22.69 25.94 33.69 34.58

Schoeller-Bleckmann Oilfield Equipment AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 35.62 33.13 33.85 29.71 28.43

Competitive Comparison of Schoeller-Bleckmann Oilfield Equipment AG's Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Schoeller-Bleckmann Oilfield Equipment AG'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.


Schoeller-Bleckmann Oilfield Equipment AG's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Schoeller-Bleckmann Oilfield Equipment AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Schoeller-Bleckmann Oilfield Equipment AG's Gross Margin % falls into.



Schoeller-Bleckmann Oilfield Equipment AG Gross Margin % Calculation

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

Schoeller-Bleckmann Oilfield Equipment AG'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 )
=220.9 / 638.9
=(Revenue - Cost of Goods Sold) / Revenue
=(638.9 - 417.963) / 638.9
=34.58 %

Schoeller-Bleckmann Oilfield Equipment AG's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=43.3 / 152.126
=(Revenue - Cost of Goods Sold) / Revenue
=(152.126 - 108.876) / 152.126
=28.43 %

* 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.


Schoeller-Bleckmann Oilfield Equipment AG  (OTCPK:SBOEY) 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

Schoeller-Bleckmann Oilfield Equipment AG had a gross margin of 28.43% for the quarter that ended in Jun. 2024 => 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.


Schoeller-Bleckmann Oilfield Equipment AG Gross Margin % Related Terms

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Schoeller-Bleckmann Oilfield Equipment AG Business Description

Traded in Other Exchanges
Address
Hauptstrasse 2, Ternitz, AUT, 2630
Schoeller-Bleckmann Oilfield Equipment AG, or SBO, provides high-precision components and supplies, as well as oilfield equipment for the oilfield services industry. The company focuses on non-magnetic drillstring components and high-tech downhole tools for the drilling and completion of directional and horizontal wells. Schoeller-Bleckmann also provides full-scale repair and maintenance services to its client base. Tools under SBO's high-precision segment are placed in a drill string to support drill bit steering based on real-time data gathered during drilling. Oilfield equipment segment products include non-magnetic drillstring components, drilling motors, circulation tools, and well-completion equipment. The company generates revenue from Austria, the USA, and other regions.