GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Thermador Groupe SA (XPAR:THEP) » Definitions » Gross Margin %

Thermador Groupe (XPAR:THEP) Gross Margin % : 36.08% (As of Jun. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Thermador Groupe Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Thermador Groupe's Gross Profit for the six months ended in Jun. 2024 was €98.0 Mil. Thermador Groupe's Revenue for the six months ended in Jun. 2024 was €271.5 Mil. Therefore, Thermador Groupe's Gross Margin % for the quarter that ended in Jun. 2024 was 36.08%.


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

XPAR:THEP' s Gross Margin % Range Over the Past 10 Years
Min: 34.82   Med: 36.33   Max: 38.16
Current: 36.24


During the past 13 years, the highest Gross Margin % of Thermador Groupe was 38.16%. The lowest was 34.82%. And the median was 36.33%.

XPAR:THEP's Gross Margin % is ranked better than
80.39% of 153 companies
in the Industrial Distribution industry
Industry Median: 23.43 vs XPAR:THEP: 36.24

Thermador Groupe had a gross margin of 36.08% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Thermador Groupe was -0.90% per year.


Thermador Groupe Gross Margin % Historical Data

The historical data trend for Thermador Groupe'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.

Thermador Groupe Gross Margin % Chart

Thermador Groupe 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 36.40 36.25 36.03 34.82 35.55

Thermador Groupe Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 34.74 34.91 34.86 36.41 36.08

Competitive Comparison of Thermador Groupe's Gross Margin %

For the Industrial Distribution subindustry, Thermador Groupe'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.


Thermador Groupe's Gross Margin % Distribution in the Industrial Distribution Industry

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

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



Thermador Groupe Gross Margin % Calculation

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

Thermador Groupe'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 )
=206.5 / 580.95
=(Revenue - Cost of Goods Sold) / Revenue
=(580.95 - 374.438) / 580.95
=35.55 %

Thermador Groupe'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 )
=98 / 271.534
=(Revenue - Cost of Goods Sold) / Revenue
=(271.534 - 173.561) / 271.534
=36.08 %

* 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.


Thermador Groupe  (XPAR:THEP) 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

Thermador Groupe had a gross margin of 36.08% for the quarter that ended in Jun. 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.


Thermador Groupe Gross Margin % Related Terms

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


Thermador Groupe Business Description

Traded in Other Exchanges
Address
No. 60, rue de Luzais, Parc d' Activites de Chesnes, Saint-Quentin-Fallavier, FRA, 38070
Thermador Groupe SA is engaged in the distribution of materials for the circulation of fluids in the building, public works and industry. It involves the distribution of accessories for heating and domestic hot water, heating pumps, plumbing equipment, sanitary taps, building taps, ventilation, industrial taps, cold water pumps, plastic pipes (ducts, tubes, drains, fittings, etc.) for wet and dry networks, construction, public works and irrigation, swimming pool equipment and accessories, air compressors, generators and welding sets.

Thermador Groupe Headlines

No Headlines