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Daimler Truck Holding AG (WBO:DTG) Gross Margin % : 20.32% (As of Sep. 2024)


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What is Daimler Truck Holding AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daimler Truck Holding AG's Gross Profit for the three months ended in Sep. 2024 was €2,670 Mil. Daimler Truck Holding AG's Revenue for the three months ended in Sep. 2024 was €13,140 Mil. Therefore, Daimler Truck Holding AG's Gross Margin % for the quarter that ended in Sep. 2024 was 20.32%.


The historical rank and industry rank for Daimler Truck Holding AG's Gross Margin % or its related term are showing as below:

WBO:DTG' s Gross Margin % Range Over the Past 10 Years
Min: 15.22   Med: 18.61   Max: 21.33
Current: 20.99


During the past 6 years, the highest Gross Margin % of Daimler Truck Holding AG was 21.33%. The lowest was 15.22%. And the median was 18.61%.

WBO:DTG's Gross Margin % is ranked worse than
65.38% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.085 vs WBO:DTG: 20.99

Daimler Truck Holding AG had a gross margin of 20.32% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Daimler Truck Holding AG was 2.20% per year.


Daimler Truck Holding AG Gross Margin % Historical Data

The historical data trend for Daimler Truck Holding AG'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.

Daimler Truck Holding AG Gross Margin % Chart

Daimler Truck Holding AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 18.70 15.22 18.22 18.51 21.33

Daimler Truck Holding AG Quarterly Data
Dec18 Dec19 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 21.45 20.59 21.67 21.41 20.32

Competitive Comparison of Daimler Truck Holding AG's Gross Margin %

For the Farm & Heavy Construction Machinery subindustry, Daimler Truck Holding AG'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.


Daimler Truck Holding AG's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Daimler Truck Holding AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Daimler Truck Holding AG's Gross Margin % falls into.



Daimler Truck Holding AG Gross Margin % Calculation

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

Daimler Truck Holding AG'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 )
=11922 / 55890
=(Revenue - Cost of Goods Sold) / Revenue
=(55890 - 43968) / 55890
=21.33 %

Daimler Truck Holding AG'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 )
=2670 / 13140
=(Revenue - Cost of Goods Sold) / Revenue
=(13140 - 10470) / 13140
=20.32 %

* 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.


Daimler Truck Holding AG  (WBO:DTG) 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

Daimler Truck Holding AG had a gross margin of 20.32% 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.


Daimler Truck Holding AG Gross Margin % Related Terms

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Daimler Truck Holding AG Business Description

Address
Fasanenweg 10, Leinfelden-Echterdingen, BW, DEU, 70771
Daimler Truck Holding AG is a commercial vehicle manufacturer. It operates through various brands including Bharat Benz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses, and Western Star. Its products include Trucks, Buses, and Financial Services. The Group has five reportable segments: Trucks North America, Mercedes-Benz, Trucks Asia, Daimler Buses, and Financial Services. It generates maximum revenue from the Trucks North America segment. The Trucks North America segment develops, manufactures and sells trucks under the Freightliner and Western Star brands in North America. The segment's product range also includes buses of Thomas Built Buses as well as bus chassis.

Daimler Truck Holding AG Headlines

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