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VZ Holding AG (XSWX:VZN) Gross Margin % : 60.55% (As of Jun. 2024)


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What is VZ Holding AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. VZ Holding AG's Gross Profit for the six months ended in Jun. 2024 was CHF176.5 Mil. VZ Holding AG's Revenue for the six months ended in Jun. 2024 was CHF291.5 Mil. Therefore, VZ Holding AG's Gross Margin % for the quarter that ended in Jun. 2024 was 60.55%.


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

XSWX:VZN' s Gross Margin % Range Over the Past 10 Years
Min: 61.78   Med: 64.76   Max: 66.47
Current: 61.78


During the past 13 years, the highest Gross Margin % of VZ Holding AG was 66.47%. The lowest was 61.78%. And the median was 64.76%.

XSWX:VZN's Gross Margin % is ranked better than
58.22% of 529 companies
in the Asset Management industry
Industry Median: 51.87 vs XSWX:VZN: 61.78

VZ Holding AG had a gross margin of 60.55% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for VZ Holding AG was -0.60% per year.


VZ Holding AG Gross Margin % Historical Data

The historical data trend for VZ Holding 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.

VZ Holding AG Gross Margin % Chart

VZ Holding 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 64.13 64.05 66.47 65.16 61.84

VZ Holding AG 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 59.82 71.31 60.46 63.20 60.55

Competitive Comparison of VZ Holding AG's Gross Margin %

For the Asset Management subindustry, VZ Holding 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.


VZ Holding AG's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VZ Holding AG's Gross Margin % distribution charts can be found below:

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



VZ Holding AG Gross Margin % Calculation

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

VZ Holding 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 )
=309.1 / 499.927
=(Revenue - Cost of Goods Sold) / Revenue
=(499.927 - 190.785) / 499.927
=61.84 %

VZ Holding AG'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 )
=176.5 / 291.46
=(Revenue - Cost of Goods Sold) / Revenue
=(291.46 - 114.978) / 291.46
=60.55 %

* 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.


VZ Holding AG  (XSWX:VZN) 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

VZ Holding AG had a gross margin of 60.55% for the quarter that ended in Jun. 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.


VZ Holding AG Gross Margin % Related Terms

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VZ Holding AG Business Description

Traded in Other Exchanges
Address
Gotthardstrasse 6, Zurich, CHE, 8002
VZ Holding AG offers financial advisory services for individuals and companies in many areas. It provides Independent, transparent advice, a Consultation process, and wide-ranging advice such as retirement, real estate, mortgages, shareholdings, and insurance advice. It generates the majority of its revenue from management fees on assets under management.

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