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Meier Tobler Group AG (XSWX:MTG) Gross Margin % : 48.41% (As of Dec. 2023)


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What is Meier Tobler Group AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Meier Tobler Group AG's Gross Profit for the six months ended in Dec. 2023 was CHF130.5 Mil. Meier Tobler Group AG's Revenue for the six months ended in Dec. 2023 was CHF269.5 Mil. Therefore, Meier Tobler Group AG's Gross Margin % for the quarter that ended in Dec. 2023 was 48.41%.


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

XSWX:MTG' s Gross Margin % Range Over the Past 10 Years
Min: 44.36   Med: 46.91   Max: 56.03
Current: 47.99


During the past 13 years, the highest Gross Margin % of Meier Tobler Group AG was 56.03%. The lowest was 44.36%. And the median was 46.91%.

XSWX:MTG's Gross Margin % is ranked better than
89.61% of 2935 companies
in the Industrial Products industry
Industry Median: 26.42 vs XSWX:MTG: 47.99

Meier Tobler Group AG had a gross margin of 48.41% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Meier Tobler Group AG was 1.20% per year.


Meier Tobler Group AG Gross Margin % Historical Data

The historical data trend for Meier Tobler Group 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.

Meier Tobler Group AG Gross Margin % Chart

Meier Tobler Group 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 46.48 46.71 47.10 46.68 47.99

Meier Tobler Group AG 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 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 47.21 48.23 45.33 47.58 48.41

Competitive Comparison of Meier Tobler Group AG's Gross Margin %

For the Specialty Industrial Machinery subindustry, Meier Tobler Group 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.


Meier Tobler Group AG's Gross Margin % Distribution in the Industrial Products Industry

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

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



Meier Tobler Group AG Gross Margin % Calculation

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

Meier Tobler Group 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 )
=262 / 545.92
=(Revenue - Cost of Goods Sold) / Revenue
=(545.92 - 283.921) / 545.92
=47.99 %

Meier Tobler Group AG'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 )
=130.5 / 269.528
=(Revenue - Cost of Goods Sold) / Revenue
=(269.528 - 139.046) / 269.528
=48.41 %

* 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.


Meier Tobler Group AG  (XSWX:MTG) 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

Meier Tobler Group AG had a gross margin of 48.41% for the quarter that ended in Dec. 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.


Meier Tobler Group AG Gross Margin % Related Terms

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Meier Tobler Group AG (XSWX:MTG) Business Description

Traded in Other Exchanges
Address
Feldstrasse 11, Nebikon, CHE, 6244
Meier Tobler Group AG is a Switzerland based company. Along with its subsidiaries, it is a wholesale and manufacturing technology group with a core focus on manufacturing and climate technology. The firm provides consultancy services and systems for building service planners, installers, architects and builders. Its products include heat pumps, chillers, dry coolers, air heaters, chilled beams, water heater, sewage systems, floor and underfloor convectors, among others. It also offers heating, ventilation, and air services and maintenance.