GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Loomis AB (STU:K900) » Definitions » Gross Margin %

Loomis AB (STU:K900) Gross Margin % : 28.03% (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Loomis AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Loomis AB's Gross Profit for the three months ended in Sep. 2024 was €188 Mil. Loomis AB's Revenue for the three months ended in Sep. 2024 was €672 Mil. Therefore, Loomis AB's Gross Margin % for the quarter that ended in Sep. 2024 was 28.03%.


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

STU:K900' s Gross Margin % Range Over the Past 10 Years
Min: 23.89   Med: 25.97   Max: 27.72
Current: 26.7


During the past 13 years, the highest Gross Margin % of Loomis AB was 27.72%. The lowest was 23.89%. And the median was 25.97%.

STU:K900's Gross Margin % is ranked worse than
62.9% of 981 companies
in the Business Services industry
Industry Median: 34.52 vs STU:K900: 26.70

Loomis AB had a gross margin of 28.03% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Loomis AB was -0.70% per year.


Loomis AB Gross Margin % Historical Data

The historical data trend for Loomis 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.

Loomis AB Gross Margin % Chart

Loomis 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 27.72 25.50 26.52 26.76 25.40

Loomis 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 25.77 24.38 26.78 27.53 28.03

Competitive Comparison of Loomis AB's Gross Margin %

For the Security & Protection Services subindustry, Loomis 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.


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

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

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



Loomis AB Gross Margin % Calculation

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

Loomis 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 )
=652 / 2566.323
=(Revenue - Cost of Goods Sold) / Revenue
=(2566.323 - 1914.35) / 2566.323
=25.40 %

Loomis 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 )
=188.2 / 671.544
=(Revenue - Cost of Goods Sold) / Revenue
=(671.544 - 483.311) / 671.544
=28.03 %

* 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.


Loomis AB  (STU:K900) 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

Loomis AB had a gross margin of 28.03% 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.


Loomis AB Gross Margin % Related Terms

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


Loomis AB Business Description

Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company mainly engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe and Latin America, USA, and Loomis Pay. The company generates the majority of its revenue from the USA.

Loomis AB Headlines

No Headlines