GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Securitas AB (OTCPK:SCTBF) » Definitions » Gross Margin %

SCTBF (Securitas AB) Gross Margin % : 21.51% (As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Securitas AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Securitas AB's Gross Profit for the three months ended in Sep. 2024 was $846 Mil. Securitas AB's Revenue for the three months ended in Sep. 2024 was $3,933 Mil. Therefore, Securitas AB's Gross Margin % for the quarter that ended in Sep. 2024 was 21.51%.


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

SCTBF' s Gross Margin % Range Over the Past 10 Years
Min: 17.38   Med: 17.59   Max: 20.83
Current: 20.83


During the past 13 years, the highest Gross Margin % of Securitas AB was 20.83%. The lowest was 17.38%. And the median was 17.59%.

SCTBF's Gross Margin % is ranked worse than
75.33% of 981 companies
in the Business Services industry
Industry Median: 34.52 vs SCTBF: 20.83

Securitas AB had a gross margin of 21.51% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Securitas AB was 3.30% per year.


Securitas AB Gross Margin % Historical Data

The historical data trend for Securitas AB'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.

Securitas AB Gross Margin % Chart

Securitas AB 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 17.41 17.51 18.43 19.60 20.43

Securitas AB 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 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 20.64 20.79 20.09 20.91 21.51

Competitive Comparison of Securitas AB's Gross Margin %

For the Security & Protection Services subindustry, Securitas AB'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.


Securitas AB's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Securitas AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Securitas AB's Gross Margin % falls into.



Securitas AB Gross Margin % Calculation

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

Securitas AB'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 )
=3131.9 / 15329.999
=(Revenue - Cost of Goods Sold) / Revenue
=(15329.999 - 12198.077) / 15329.999
=20.43 %

Securitas AB'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 )
=845.9 / 3932.838
=(Revenue - Cost of Goods Sold) / Revenue
=(3932.838 - 3086.91) / 3932.838
=21.51 %

* 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.


Securitas AB  (OTCPK:SCTBF) 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

Securitas AB had a gross margin of 21.51% for the quarter that ended in Sep. 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.


Securitas AB Gross Margin % Related Terms

Thank you for viewing the detailed overview of Securitas AB's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Securitas AB Business Description

Address
Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas AB is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the security firm in manned guarding. The company has four segments: Securitas North America, Securitas Europe, Securitas Ibero-America and Other. It generates maximum revenue from Securitas Europe.

Securitas AB Headlines

From GuruFocus

Q3 2021 Securitas AB Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2022 Securitas AB Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2023 Securitas AB Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2024 Securitas AB Earnings Call Transcript

By GuruFocus News 11-07-2024

Update from Securitas Investor Day

By PRNewswire 03-07-2024

Securitas AB Investor Day Transcript

By GuruFocus Research 03-25-2024

Q1 2020 Securitas AB Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2020 Securitas AB Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2024 Securitas AB Earnings Call Transcript

By GuruFocus Research 07-31-2024