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Macmahon Holdings (ASX:MAH) Gross Margin % : 81.20% (As of Dec. 2023)


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What is Macmahon Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Macmahon Holdings's Gross Profit for the six months ended in Dec. 2023 was A$785 Mil. Macmahon Holdings's Revenue for the six months ended in Dec. 2023 was A$966 Mil. Therefore, Macmahon Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 81.20%.


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

ASX:MAH' s Gross Margin % Range Over the Past 10 Years
Min: 12.45   Med: 60.93   Max: 75.31
Current: 75.31


During the past 13 years, the highest Gross Margin % of Macmahon Holdings was 75.31%. The lowest was 12.45%. And the median was 60.93%.

ASX:MAH's Gross Margin % is ranked better than
94.91% of 707 companies
in the Metals & Mining industry
Industry Median: 19.03 vs ASX:MAH: 75.31

Macmahon Holdings had a gross margin of 81.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Macmahon Holdings was 7.00% per year.


Macmahon Holdings Gross Margin % Historical Data

The historical data trend for Macmahon Holdings'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.

Macmahon Holdings Gross Margin % Chart

Macmahon Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.53 58.49 63.95 69.58 68.92

Macmahon Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 73.72 65.80 68.73 69.12 81.20

Competitive Comparison of Macmahon Holdings's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Macmahon Holdings'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.


Macmahon Holdings's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Macmahon Holdings's Gross Margin % distribution charts can be found below:

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



Macmahon Holdings Gross Margin % Calculation

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

Macmahon Holdings's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=1313.7 / 1906.15
=(Revenue - Cost of Goods Sold) / Revenue
=(1906.15 - 592.439) / 1906.15
=68.92 %

Macmahon Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=784.7 / 966.318
=(Revenue - Cost of Goods Sold) / Revenue
=(966.318 - 181.634) / 966.318
=81.20 %

* 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.


Macmahon Holdings  (ASX:MAH) 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

Macmahon Holdings had a gross margin of 81.20% for the quarter that ended in Dec. 2023 => 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.


Macmahon Holdings Gross Margin % Related Terms

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Macmahon Holdings (ASX:MAH) Business Description

Traded in Other Exchanges
Address
15 Hudswell Road, Perth Airport, Perth, WA, AUS, 6105
Macmahon Holdings Ltd is an Australian company providing mining services to clients throughout Australia, Southeast Asia, and South Africa. Its complete mining services range from mine development to materials delivery, including design, construction, and on-site services. Macmahon manages mines for mining companies, across a variety of base and precious metals and commodities. Its segments are Surface Mining, Underground Mining, and International Mining. It provides a complete set of mining services which includes surface and underground mining, civil and rehabilitation services, equipment maintenance, rentals, and management.

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