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Raito Kogyo Co (TSE:1926) Gross Margin % : 21.97% (As of Sep. 2024)


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What is Raito Kogyo Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Raito Kogyo Co's Gross Profit for the three months ended in Sep. 2024 was 円6,491 Mil. Raito Kogyo Co's Revenue for the three months ended in Sep. 2024 was 円29,547 Mil. Therefore, Raito Kogyo Co's Gross Margin % for the quarter that ended in Sep. 2024 was 21.97%.


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

TSE:1926' s Gross Margin % Range Over the Past 10 Years
Min: 17.91   Med: 18.93   Max: 21.87
Current: 20.34


During the past 13 years, the highest Gross Margin % of Raito Kogyo Co was 21.87%. The lowest was 17.91%. And the median was 18.93%.

TSE:1926's Gross Margin % is ranked better than
50.27% of 1679 companies
in the Construction industry
Industry Median: 20.19 vs TSE:1926: 20.34

Raito Kogyo Co had a gross margin of 21.97% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Raito Kogyo Co was 1.70% per year.


Raito Kogyo Co Gross Margin % Historical Data

The historical data trend for Raito Kogyo Co'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.

Raito Kogyo Co Gross Margin % Chart

Raito Kogyo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.96 20.49 21.87 20.80 19.79

Raito Kogyo Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 20.30 18.83 20.31 21.97 20.37

Competitive Comparison of Raito Kogyo Co's Gross Margin %

For the Engineering & Construction subindustry, Raito Kogyo Co'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.


Raito Kogyo Co's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Raito Kogyo Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Raito Kogyo Co's Gross Margin % falls into.


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Raito Kogyo Co Gross Margin % Calculation

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

Raito Kogyo Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=23220 / 117324
=(Revenue - Cost of Goods Sold) / Revenue
=(117324 - 94104) / 117324
=19.79 %

Raito Kogyo Co'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 )
=6491 / 29547
=(Revenue - Cost of Goods Sold) / Revenue
=(29547 - 23056) / 29547
=21.97 %

* 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.


Raito Kogyo Co  (TSE:1926) 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

Raito Kogyo Co had a gross margin of 21.97% 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.


Raito Kogyo Co Gross Margin % Related Terms

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Raito Kogyo Co Business Description

Traded in Other Exchanges
N/A
Address
4-2-35 Kudan-kita, Chiyoda-ku, Tokyo, JPN, 102-8236
Raito Kogyo Co Ltd is a civil engineering contractor. It provides engineering, building construction and sells related products and materials. The company operates in construction business segment that provides slope protection, landslide prevention, foundation/ground improvement, structural repair/reinforcement, environmental restoration, and sewage system construction. It has operations in North America and other countries with revenue from Japan.

Raito Kogyo Co Headlines

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