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Krones AG (XSWX:KRN) Gross Margin % : 52.21% (As of Mar. 2024)


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What is Krones AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Krones AG's Gross Profit for the three months ended in Mar. 2024 was CHF629 Mil. Krones AG's Revenue for the three months ended in Mar. 2024 was CHF1,205 Mil. Therefore, Krones AG's Gross Margin % for the quarter that ended in Mar. 2024 was 52.21%.


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

XSWX:KRN' s Gross Margin % Range Over the Past 10 Years
Min: 47.65   Med: 50.11   Max: 51.94
Current: 49.81


During the past 13 years, the highest Gross Margin % of Krones AG was 51.94%. The lowest was 47.65%. And the median was 50.11%.

XSWX:KRN's Gross Margin % is ranked better than
90.09% of 2926 companies
in the Industrial Products industry
Industry Median: 26.54 vs XSWX:KRN: 49.81

Krones AG had a gross margin of 52.21% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Krones AG Gross Margin % Historical Data

The historical data trend for Krones 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.

Krones AG Gross Margin % Chart

Krones AG 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 49.25 50.26 51.31 50.92 49.49

Krones AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.03 51.66 48.49 46.95 52.21

Competitive Comparison of Krones AG's Gross Margin %

For the Specialty Industrial Machinery subindustry, Krones 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.


Krones AG's Gross Margin % Distribution in the Industrial Products Industry

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

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



Krones AG Gross Margin % Calculation

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

Krones 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 )
=2203.1 / 4451.953
=(Revenue - Cost of Goods Sold) / Revenue
=(4451.953 - 2248.815) / 4451.953
=49.49 %

Krones AG's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=628.9 / 1204.536
=(Revenue - Cost of Goods Sold) / Revenue
=(1204.536 - 575.658) / 1204.536
=52.21 %

* 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.


Krones AG  (XSWX:KRN) 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

Krones AG had a gross margin of 52.21% for the quarter that ended in Mar. 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.


Krones AG Gross Margin % Related Terms

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


Krones AG (XSWX:KRN) Business Description

Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

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