DHL AG (XTER:DHL) Gross Margin %: 11.82% (As of Jun. 2026) — 26% Below Median

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XTER:DHL DHL AG XTER:DHL
80 GF Score
Price €55.58
GF Value €43.83
Valuation Modestly Overvalued
! 11 Warning Signs
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What is DHL AG Gross Margin %?

DHL AG XTER:DHL -1.00% 80 Gross Margin % is 11.82% as of Jun. 2026, which is 26% below its 10-year median of 15.98. GuruFocus rates XTER:DHL with a GF Score™ of 80/100 and a GF Value™ of €43.83 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 988 Transportation companies, DHL AG ranks worse than 58.4% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. DHL AG's Gross Profit for the three months ended in Jun. 2026 was €2,643 Mil. DHL AG's Revenue for the three months ended in Jun. 2026 was €22,367 Mil. Therefore, DHL AG's Gross Margin % for the quarter that ended in Jun. 2026 was 11.82%.

Warning Sign:

Deutsche Post AG gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

XTER:DHL' s Gross Margin % Range Over the Past 10 Years
Min: 15   Med: 15.98   Max: 17.74
Current: 16.93


During the past 13 years, the highest Gross Margin % of DHL AG was 17.74%. The lowest was 15.00%. And the median was 15.98%.

XTER:DHL's Gross Margin % is ranked worse than
58.4% of 988 companies
in the Transportation industry
Industry Median: 20.81 vs XTER:DHL: 16.93

DHL AG had a gross margin of 11.82% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

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


DHL AG  (XTER:DHL) 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

DHL AG had a gross margin of 11.82% for the quarter that ended in Jun. 2026 => 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.


DHL AG Gross Margin % Related Terms


DHL AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for DHL 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.

DHL AG Gross Margin % Chart

DHL AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.74 16.44 16.02 15.63 16.45

DHL AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.04 10.92 33.09 10.96 11.82

XTER:DHL vs UPS, FDX, EXPD: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, DHL 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.


DHL AG Gross Margin % vs Transportation Industry

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

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


XTER:DHL
80GF Score
DHL AG XTER:DHL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DHL AG Gross Margin % Calculation

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

DHL AG's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=13626 / 82855
=(Revenue - Cost of Goods Sold) / Revenue
=(82855 - 69229) / 82855
=16.45 %

DHL AG's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=2643 / 22367
=(Revenue - Cost of Goods Sold) / Revenue
=(22367 - 19724) / 22367
=11.82 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 11.82% mean?
DHL AG (XTER:DHL) has a Gross Margin % of 11.82% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DHL AG and its competitors. This is 26% below median its historical median of 15.98. Over the past decade, DHL AG's Gross Margin % has ranged from 15.00 to 17.74. According to the industry distribution chart, DHL AG ranks #577 out of 988 companies in the Transportation industry, placing it in the top 58.4%.
Is DHL AG's Gross Margin % too high?
DHL AG's current Gross Margin % of 11.82% is 26% below median its 10-year median of 15.98. Over the past 10 years, this metric has ranged from a low of 15.00 to a high of 17.74. The Transportation industry median Gross Margin % is 20.81. DHL AG's value of 11.82% is 43.2% below this industry median. Based on the distribution chart, DHL AG ranks #577 out of 988 companies in the Transportation industry, which is below the industry midpoint. Overall, DHL AG has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHL AG's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, DHL AG ranks #577 out of 988 companies for Gross Margin %. This places DHL AG in the lower half of its industry. The industry median Gross Margin % is 20.81. DHL AG's value of 11.82% is 43.2% below this benchmark. Historically, DHL AG's own Gross Margin % has ranged from 15.00 to 17.74 over the past decade. While the company's 10-year median is 15.98 vs. the industry median of 20.81, DHL AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.81, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DHL AG's current Gross Margin % of 11.82% is 43.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on DHL AG and its competitors. For the Transportation industry, the median Gross Margin % is 20.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHL AG's current Gross Margin % is 11.82%, which is 26% below median its own 10-year median of 15.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHL AG stock overvalued right now?
Based on GuruFocus' analysis, DHL AG (XTER:DHL) is currently considered Modestly Overvalued. The stock's GF Value™ is €43.83, compared to a current price of €55.58 — trading 26.8% above its estimated fair value. The current Gross Margin % is 11.82%, which is 26% below median its 10-year median of 15.98 and 43.2% below the Transportation industry median of 20.81. DHL AG's overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For DHL AG (XTER:DHL), the current Gross Margin % is 11.82% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is DHL AG (XTER:DHL) Overvalued in 2026?

Based on GuruFocus' analysis, DHL AG stock appears to be overvalued. The current stock price of €55.58 is trading 26.8% above its estimated GF Value™ of €43.83. GuruFocus considers DHL AG to be Modestly Overvalued.

Key valuation signals for XTER:DHL:

  • Gross Margin %: 11.82% (26% below median its 10-year median of 15.98)
  • GF Value™: €43.83 vs. price of €55.58 (26.8% above fair value)
  • GF Score™: 80/100 with 11 warning signs
  • Industry Position: 43.2% below the Transportation median (#577 of 988)

No single metric tells the full story. See the XTER:DHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHL AG Business Description

Address Platz der Deutschen Post, Bonn, NW, DEU, 53250
Based in Germany, DHL Group ranks among the three dominant integrated global parcel-shipping providers, along with US-based FedEx and UPS. It's also a leading global third-party logistics provider in terms of air and ocean forwarding and outsourced contract logistics markets touching Europe. The DHL divisions (Express, Global Forwarding & Freight, eCommerce Solutions, and Supply Chain) generate roughly 80% of consolidated revenue. Roughly 20% comes from the Post & Parcel Germany division, which includes the legacy German postal operations and the faster growing domestic package delivery business in Germany.
80GF Score

Get the complete analysis for XTER:DHL

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€55.58
Price
€43.83
GF Value