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Sartorius Stedim Biotech (WBO:DIM) Gross Margin % : 42.04% (As of Sep. 2024)


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What is Sartorius Stedim Biotech Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sartorius Stedim Biotech's Gross Profit for the three months ended in Sep. 2024 was €276 Mil. Sartorius Stedim Biotech's Revenue for the three months ended in Sep. 2024 was €655 Mil. Therefore, Sartorius Stedim Biotech's Gross Margin % for the quarter that ended in Sep. 2024 was 42.04%.

Warning Sign:

Sartorius Stedim Biotech SA gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


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

WBO:DIM' s Gross Margin % Range Over the Past 10 Years
Min: 42.38   Med: 51.63   Max: 53.79
Current: 42.38


During the past 13 years, the highest Gross Margin % of Sartorius Stedim Biotech was 53.79%. The lowest was 42.38%. And the median was 51.63%.

WBO:DIM's Gross Margin % is ranked worse than
65.09% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 51.89 vs WBO:DIM: 42.38

Sartorius Stedim Biotech had a gross margin of 42.04% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sartorius Stedim Biotech was -2.10% per year.


Sartorius Stedim Biotech Gross Margin % Historical Data

The historical data trend for Sartorius Stedim Biotech'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.

Sartorius Stedim Biotech Gross Margin % Chart

Sartorius Stedim Biotech 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 51.94 52.53 53.79 52.03 44.44

Sartorius Stedim Biotech Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 44.80 41.33 41.74 43.35 42.04

Competitive Comparison of Sartorius Stedim Biotech's Gross Margin %

For the Medical Instruments & Supplies subindustry, Sartorius Stedim Biotech'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.


Sartorius Stedim Biotech's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sartorius Stedim Biotech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sartorius Stedim Biotech's Gross Margin % falls into.



Sartorius Stedim Biotech Gross Margin % Calculation

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

Sartorius Stedim Biotech'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 )
=1233.5 / 2775.5
=(Revenue - Cost of Goods Sold) / Revenue
=(2775.5 - 1542) / 2775.5
=44.44 %

Sartorius Stedim Biotech'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 )
=275.5 / 655.4
=(Revenue - Cost of Goods Sold) / Revenue
=(655.4 - 379.9) / 655.4
=42.04 %

* 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.


Sartorius Stedim Biotech  (WBO:DIM) 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

Sartorius Stedim Biotech had a gross margin of 42.04% for the quarter that ended in Sep. 2024 => Durable competitive advantage


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.


Sartorius Stedim Biotech Gross Margin % Related Terms

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Sartorius Stedim Biotech Business Description

Address
Otto-Brenner-Strasse 20, Goettingen, DEU, 37079
Sartorius Stedim Biotech, or SSB, is a leading provider of bioprocessing solutions. Its sells equipment and consumables for fermentation, filtration, fluid management, purification, and cell culture media for manufacturing biologic drugs, and has a focus on single-use technology, or SUT. It is a subsidiary of Sartorius AG, which has a 74% ownership and 85% voting control. The business is geographically diverse.

Sartorius Stedim Biotech Headlines