Umicore (XBRU:UMI) Gross Margin % : 6.01% (As of Dec. 2023)

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What is Umicore Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Umicore's Gross Profit for the six months ended in Dec. 2023 was €496 Mil. Umicore's Revenue for the six months ended in Dec. 2023 was €8,254 Mil. Therefore, Umicore's Gross Margin % for the quarter that ended in Dec. 2023 was 6.01%.

Warning Sign:

Umicore SA gross margin has been in long-term decline. The average rate of decline per year is -1.6%.

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

XBRU:UMI' s Gross Margin % Range Over the Past 10 Years
Min: 7.34 Med: 9.97 Max: 11.54
Current: 9.78

During the past 13 years, the highest Gross Margin % of Umicore was 11.54%. The lowest was 7.34%. And the median was 9.97%.

XBRU:UMI's Gross Margin % is ranked worse than
90.15% of 2935 companies
in the Industrial Products industry
Industry Median: 26.42 vs XBRU:UMI: 9.78

Umicore had a gross margin of 6.01% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Umicore was -1.60% per year.

Umicore Gross Margin % Historical Data

The historical data trend for Umicore'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.

Umicore Gross Margin % Chart

Umicore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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8.25

7.34

8.02

7.59

9.78

Umicore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															5.09	9.92	5.20	12.88	6.01

Competitive Comparison of Umicore's Gross Margin %

For the Pollution & Treatment Controls subindustry, Umicore'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.

Umicore's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Umicore's Gross Margin % distribution charts can be found below:

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

Umicore Gross Margin % Calculation

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

Umicore'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 )
	=	1785.7	/	18265.89
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(18265.89 - 16480.164)	/	18265.89
	=	9.78 %

Umicore's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	496.3	/	8254.29
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8254.29 - 7757.964)	/	8254.29
	=	6.01 %

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.

Umicore (XBRU:UMI) 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

Umicore had a gross margin of 6.01% for the quarter that ended in Dec. 2023 => No sustainable 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.

Umicore Gross Margin % Related Terms

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Umicore (XBRU:UMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Umicore SA (XBRU:UMI) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

UMICY:USA UMICF:USA UMI:Mexico 0RUY:UK NVJP:Germany UMI:Austria

Address

Rue du Marais 31 Broekstraat, Brussels, BEL, B-1000

Website

https://www.umicore.com

Umicore SA operations are divided into the following business groups: Catalysis, Energy & Surface Technologies and Recycling. The Catalysis segment provides automotive catalysts for gasoline and diesel light and heavy-duty diesel applications, including on-road & non-road vehicles. The Energy & Surface Technologies segment is focused on products that are found in applications used in the production and storage of clean energy and in a range of applications for surface technologies that bring specific properties and functionalities to end products. The Recycling segment treats complex waste streams containing precious and other speciality metals. The majority of revenue is from the Recycling segment. Geographically, the majority is from Europe.