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Cementos Molins (XMAD:CMO) Gross Margin % : 66.36% (As of Jun. 2023)


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What is Cementos Molins Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cementos Molins's Gross Profit for the six months ended in Jun. 2023 was €374 Mil. Cementos Molins's Revenue for the six months ended in Jun. 2023 was €564 Mil. Therefore, Cementos Molins's Gross Margin % for the quarter that ended in Jun. 2023 was 66.36%.


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

XMAD:CMO' s Gross Margin % Range Over the Past 10 Years
Min: 66.26   Med: 66.94   Max: 68.66
Current: 66.36


During the past 13 years, the highest Gross Margin % of Cementos Molins was 68.66%. The lowest was 66.26%. And the median was 66.94%.

XMAD:CMO's Gross Margin % is not ranked
in the Building Materials industry.
Industry Median: 24.995 vs XMAD:CMO: 66.36

Cementos Molins had a gross margin of 66.36% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cementos Molins was 0.10% per year.


Cementos Molins Gross Margin % Historical Data

The historical data trend for Cementos Molins'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.

Cementos Molins Gross Margin % Chart

Cementos Molins Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.26 67.20 67.91 66.81 66.52

Cementos Molins Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 67.91 65.97 66.69 66.37 66.36

Competitive Comparison of Cementos Molins's Gross Margin %

For the Building Materials subindustry, Cementos Molins'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.


Cementos Molins's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Molins's Gross Margin % distribution charts can be found below:

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



Cementos Molins Gross Margin % Calculation

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

Cementos Molins's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=713.2 / 1072.081
=(Revenue - Cost of Goods Sold) / Revenue
=(1072.081 - 358.93) / 1072.081
=66.52 %

Cementos Molins's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=374 / 563.649
=(Revenue - Cost of Goods Sold) / Revenue
=(563.649 - 189.605) / 563.649
=66.36 %

* 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.


Cementos Molins  (XMAD:CMO) 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

Cementos Molins had a gross margin of 66.36% for the quarter that ended in Jun. 2023 => 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.


Cementos Molins Gross Margin % Related Terms

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Cementos Molins (XMAD:CMO) Business Description

Traded in Other Exchanges
N/A
Address
Calle Espronceda 38, local 3, Madrid, ESP, 28003
Cementos Molins SA engages in the manufacturing and selling of gray cement and white cement used for various construction purposes in the civil engineering industry. The group's core business is to manufacture and market its products which include, cement, clinker, concrete, mortars, aggregates, and precast concrete. It caters to markets around the world which include Spain, Argentina, Uruguay, Mexico, Bangladesh, India, Tunisia, China, Bolivia, and Columbia. It generates the majority of its revenues from the sales of its products through in the foreign markets.

Cementos Molins (XMAD:CMO) Headlines

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