YMHAY (Yamaha Motor Co) Gross Margin % : 32.52% (As of Jun. 2024)

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What is Yamaha Motor Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yamaha Motor Co's Gross Profit for the three months ended in Jun. 2024 was $1,455 Mil. Yamaha Motor Co's Revenue for the three months ended in Jun. 2024 was $4,475 Mil. Therefore, Yamaha Motor Co's Gross Margin % for the quarter that ended in Jun. 2024 was 32.52%.

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

YMHAY' s Gross Margin % Range Over the Past 10 Years
Min: 24.51 Med: 27 Max: 31.93
Current: 31.93

During the past 13 years, the highest Gross Margin % of Yamaha Motor Co was 31.93%. The lowest was 24.51%. And the median was 27.00%.

YMHAY's Gross Margin % is ranked better than
78.03% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 20.04 vs YMHAY: 31.93

Yamaha Motor Co had a gross margin of 32.52% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Yamaha Motor Co was 2.00% per year.

Yamaha Motor Co Gross Margin % Historical Data

The historical data trend for Yamaha Motor Co'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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Yamaha Motor Co Gross Margin % Chart

Yamaha Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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26.57

25.27

27.96

28.19

29.62

Yamaha Motor Co 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															23.30	29.75	32.89	32.52	32.28

Competitive Comparison of Yamaha Motor Co's Gross Margin %

For the Auto Manufacturers subindustry, Yamaha Motor Co'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.

Yamaha Motor Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yamaha Motor Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Yamaha Motor Co's Gross Margin % falls into.

Yamaha Motor Co Gross Margin % Calculation

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

Yamaha Motor Co'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 )
	=	4968.3	/	16771.314
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(16771.314 - 11802.967)	/	16771.314
	=	29.62 %

Yamaha Motor Co'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 )
	=	1455.1	/	4474.712
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4474.712 - 3019.619)	/	4474.712
	=	32.52 %

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.

Yamaha Motor Co (OTCPK:YMHAY) 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

Yamaha Motor Co had a gross margin of 32.52% for the quarter that ended in Jun. 2024 => Competition eroding margins

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.

Yamaha Motor Co Gross Margin % Related Terms

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Yamaha Motor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yamaha Motor Co Ltd (OTCPK:YMHAY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

YAMHF:USA 7272:Japan YMA:Germany

Address

2500, Shingai, Iwata, Shizuoka, JPN, 438-8501

Website

http://www.yamaha-motor.co.jp

Yamaha Motor Co Ltd is an automobile and electronics manufacturing company. The company is organised into five segments based on product type: motorcycles, marine products, power products, industrial machinery and robots, and other products. The motorcycles segment, contributing the majority of consolidated revenue, manufactures on- and off-road motorcycles, along with related motorcycle parts. Marine Products, the next-largest contributor to revenue, manufactures outboard motors, personal watercraft, and boats. Yamaha derives the majority of sales from Asia, with North America and Europe the next most significant markets.