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Wolford AG (WBO:WOL) Gross Margin % : 77.46% (As of Jun. 2024)


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What is Wolford AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wolford AG's Gross Profit for the six months ended in Jun. 2024 was €33.4 Mil. Wolford AG's Revenue for the six months ended in Jun. 2024 was €43.1 Mil. Therefore, Wolford AG's Gross Margin % for the quarter that ended in Jun. 2024 was 77.46%.


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

WBO:WOL' s Gross Margin % Range Over the Past 10 Years
Min: 75.51   Med: 81.39   Max: 85.9
Current: 75.51


During the past 13 years, the highest Gross Margin % of Wolford AG was 85.90%. The lowest was 75.51%. And the median was 81.39%.

WBO:WOL's Gross Margin % is ranked better than
97.95% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.67 vs WBO:WOL: 75.51

Wolford AG had a gross margin of 77.46% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Wolford AG was -0.20% per year.


Wolford AG Gross Margin % Historical Data

The historical data trend for Wolford 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.

Wolford AG Gross Margin % Chart

Wolford AG Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.18 81.60 80.74 80.19 80.65

Wolford AG Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 85.83 75.87 87.93 74.26 77.46

Competitive Comparison of Wolford AG's Gross Margin %

For the Apparel Manufacturing subindustry, Wolford 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.


Wolford AG's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolford AG's Gross Margin % distribution charts can be found below:

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



Wolford AG Gross Margin % Calculation

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

Wolford 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 )
=101.5 / 125.797
=(Revenue - Cost of Goods Sold) / Revenue
=(125.797 - 24.343) / 125.797
=80.65 %

Wolford AG'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 )
=33.4 / 43.077
=(Revenue - Cost of Goods Sold) / Revenue
=(43.077 - 9.709) / 43.077
=77.46 %

* 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.


Wolford AG  (WBO:WOL) 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

Wolford AG had a gross margin of 77.46% for the quarter that ended in Jun. 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.


Wolford AG Gross Margin % Related Terms

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


Wolford AG Business Description

Traded in Other Exchanges
Address
Wolfordstrasse 1, Bregenz, AUT, 6900
Wolford AG is in producing and marketing women's hosiery, clothing, and accessories. Its products include Legwear, Ready-to-wear and Lingerie, Beachwear, Accessories, and Trading goods. Geographically, it operates in the region of Austria, Germany, the Rest of Europe, North America, and Asia. The company generates maximum revenue from Ready-to-wear products.

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