GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sapporo Holdings Ltd (TSE:2501) » Definitions » Gross Margin %

Sapporo Holdings (TSE:2501) Gross Margin % : 32.66% (As of Jun. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Sapporo Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sapporo Holdings's Gross Profit for the three months ended in Jun. 2024 was 円44,051 Mil. Sapporo Holdings's Revenue for the three months ended in Jun. 2024 was 円134,897 Mil. Therefore, Sapporo Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 32.66%.

Warning Sign:

Sapporo Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


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

TSE:2501' s Gross Margin % Range Over the Past 10 Years
Min: 29.1   Med: 31.08   Max: 35.15
Current: 30.77


During the past 13 years, the highest Gross Margin % of Sapporo Holdings was 35.15%. The lowest was 29.10%. And the median was 31.08%.

TSE:2501's Gross Margin % is ranked worse than
70.05% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 39.6 vs TSE:2501: 30.77

Sapporo Holdings had a gross margin of 32.66% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sapporo Holdings was -1.50% per year.


Sapporo Holdings Gross Margin % Historical Data

The historical data trend for Sapporo Holdings'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.

Sapporo Holdings Gross Margin % Chart

Sapporo Holdings 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 31.55 30.39 30.60 29.10 30.24

Sapporo Holdings 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 32.02 29.74 28.00 32.66 32.26

Competitive Comparison of Sapporo Holdings's Gross Margin %

For the Beverages - Brewers subindustry, Sapporo Holdings'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.


Sapporo Holdings's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sapporo Holdings's Gross Margin % distribution charts can be found below:

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



Sapporo Holdings Gross Margin % Calculation

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

Sapporo Holdings'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 )
=156839 / 518632
=(Revenue - Cost of Goods Sold) / Revenue
=(518632 - 361793) / 518632
=30.24 %

Sapporo Holdings'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 )
=44051 / 134897
=(Revenue - Cost of Goods Sold) / Revenue
=(134897 - 90846) / 134897
=32.66 %

* 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.


Sapporo Holdings  (TSE:2501) 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

Sapporo Holdings had a gross margin of 32.66% 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.


Sapporo Holdings Gross Margin % Related Terms

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


Sapporo Holdings Business Description

Traded in Other Exchanges
Address
20-1, Ebisu 4-chome, Shibuya-ku, Tokyo, JPN, 150-8522
Sapporo Holdings Ltd primarily sells alcoholic beverages, food, and soft drinks. Alcoholic beverage sales in Japan, which consist mostly of beer sales under the Sapporo and Yebisu brand names, make up more than half of Sapporo's total revenue. Roughly a quarter of Sapporo's revenue is from its Food and Soft Drink business, which includes its Café de Crie coffee shops in addition to many brands and products. Sapporo has international food and beverage sales in North America and other parts of Asia. Sapporo's remaining revenue comes from its restaurants, which are in Japan and operate under brand names including Ginza Lion Beer Hall and Yebisu Bar, and its real estate business, which develops, leases, and manages commercial complexes and office buildings in Japan.

Sapporo Holdings Headlines

No Headlines