Elco (XTAE:ELCO) Gross Margin % : 15.29% (As of Dec. 2024)

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What is Elco Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Elco's Gross Profit for the three months ended in Dec. 2024 was ₪834 Mil. Elco's Revenue for the three months ended in Dec. 2024 was ₪5,457 Mil. Therefore, Elco's Gross Margin % for the quarter that ended in Dec. 2024 was 15.29%.

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

XTAE:ELCO' s Gross Margin % Range Over the Past 10 Years
Min: 12.47 Med: 14.25 Max: 19.05
Current: 15.08

During the past 13 years, the highest Gross Margin % of Elco was 19.05%. The lowest was 12.47%. And the median was 14.25%.

XTAE:ELCO's Gross Margin % is ranked worse than
74.76% of 531 companies
in the Conglomerates industry
Industry Median: 24.81 vs XTAE:ELCO: 15.08

Elco had a gross margin of 15.29% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Elco was 2.60% per year.

Elco Gross Margin % Historical Data

The historical data trend for Elco'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.

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Elco Gross Margin % Chart

Elco Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Margin %

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14.39

18.21

19.05

14.57

15.08

Elco Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Margin %	Get a 7-Day Free Trial															13.48	15.17	14.77	15.08	15.29

Competitive Comparison of Elco's Gross Margin %

For the Conglomerates subindustry, Elco'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.

Elco's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Elco's Gross Margin % distribution charts can be found below:

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

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Elco Gross Margin % Calculation

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

Elco's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )	=	Gross Profit (A: Dec. 2024 )	/	Revenue (A: Dec. 2024 )
	=	3108	/	20612
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(20612 - 17504)	/	20612
	=	15.08 %

Elco's Gross Margin for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	834.3	/	5457.463
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5457.463 - 4623.19)	/	5457.463
	=	15.29 %

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.

Elco (XTAE:ELCO) 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

Elco had a gross margin of 15.29% for the quarter that ended in Dec. 2024 => No sustainable 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.

Elco Gross Margin % Related Terms

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

Elco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Elco Ltd (XTAE:ELCO) » Definitions » Gross Margin %

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Address

98 Yigal Alon Street, Electra Tower, 50th Floor, Tel Aviv, ISR, 978914

Website

http://www.elco.co.il

Elco Ltd is engaged in diverse industries such as construction, infrastructure, consumer electronics, telecommunications, entertainment, and others. The company has three segments namely Electra segment which operates in the field of services for buildings and infrastructures in Israel and abroad. Its Electra Consumer Products segment includes importing, manufacturing, exporting, marketing, selling, and distributing electrical consumer products and the provision of services for products. The Electra Real Estate segment operates in the field of the purchase, management, and enhancement of housing complexes for rental in the South Eastern United States.