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Delta Israel Brands (XTAE:DLTI) Gross Margin % : 58.99% (As of Sep. 2024)


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What is Delta Israel Brands Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Delta Israel Brands's Gross Profit for the three months ended in Sep. 2024 was ₪170 Mil. Delta Israel Brands's Revenue for the three months ended in Sep. 2024 was ₪289 Mil. Therefore, Delta Israel Brands's Gross Margin % for the quarter that ended in Sep. 2024 was 58.99%.


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

XTAE:DLTI' s Gross Margin % Range Over the Past 10 Years
Min: 54.73   Med: 58.94   Max: 61.66
Current: 61.43


During the past 6 years, the highest Gross Margin % of Delta Israel Brands was 61.66%. The lowest was 54.73%. And the median was 58.94%.

XTAE:DLTI's Gross Margin % is ranked better than
91.81% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.67 vs XTAE:DLTI: 61.43

Delta Israel Brands had a gross margin of 58.99% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Delta Israel Brands was 1.70% per year.


Delta Israel Brands Gross Margin % Historical Data

The historical data trend for Delta Israel Brands'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.

Delta Israel Brands Gross Margin % Chart

Delta Israel Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 55.76 60.15 61.66 58.02 59.86

Delta Israel Brands Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 57.12 62.39 60.12 64.26 58.99

Competitive Comparison of Delta Israel Brands's Gross Margin %

For the Apparel Manufacturing subindustry, Delta Israel Brands'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.


Delta Israel Brands's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Israel Brands's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Delta Israel Brands's Gross Margin % falls into.



Delta Israel Brands Gross Margin % Calculation

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

Delta Israel Brands'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 )
=566.2 / 945.878
=(Revenue - Cost of Goods Sold) / Revenue
=(945.878 - 379.685) / 945.878
=59.86 %

Delta Israel Brands's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=170.4 / 288.831
=(Revenue - Cost of Goods Sold) / Revenue
=(288.831 - 118.438) / 288.831
=58.99 %

* 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.


Delta Israel Brands  (XTAE:DLTI) 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

Delta Israel Brands had a gross margin of 58.99% for the quarter that ended in Sep. 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.


Delta Israel Brands Gross Margin % Related Terms

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Delta Israel Brands Business Description

Traded in Other Exchanges
N/A
Address
45 Ha’Eshel Street, Southern Industrial Zone, Caesarea, ISR, 30889
Delta Israel Brands Ltd is the operational division of the local Delta brand, Israel's leading innerwear and activewear brand for men, women, and children. The division is responsible for the development, design, and marketing of the flagship 'Delta' brand for all ages, and 'Fix', the popular young adult brand. Its products are sold across the country in the company's branded shops and in all major retail chains and department stores.