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Bechtle AG (Bechtle AG) Gross Margin % : 18.46% (As of Mar. 2024)


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What is Bechtle AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bechtle AG's Gross Profit for the three months ended in Mar. 2024 was $302 Mil. Bechtle AG's Revenue for the three months ended in Mar. 2024 was $1,634 Mil. Therefore, Bechtle AG's Gross Margin % for the quarter that ended in Mar. 2024 was 18.46%.


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

BECTY' s Gross Margin % Range Over the Past 10 Years
Min: 14.29   Med: 15.43   Max: 17.74
Current: 17.74


During the past 13 years, the highest Gross Margin % of Bechtle AG was 17.74%. The lowest was 14.29%. And the median was 15.43%.

BECTY's Gross Margin % is ranked worse than
85.26% of 2633 companies
in the Software industry
Industry Median: 41.79 vs BECTY: 17.74

Bechtle AG had a gross margin of 18.46% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bechtle AG was 4.20% per year.


Bechtle AG Gross Margin % Historical Data

The historical data trend for Bechtle 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.

* Premium members only.

Bechtle AG Gross Margin % Chart

Bechtle AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.29 16.96 17.34 17.47 17.47

Bechtle AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.31 17.89 18.95 16.11 18.46

Competitive Comparison of Bechtle AG's Gross Margin %

For the Information Technology Services subindustry, Bechtle 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.


Bechtle AG's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Bechtle AG's Gross Margin % distribution charts can be found below:

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



Bechtle AG Gross Margin % Calculation

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

Bechtle AG'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 )
=1223.4 / 7004.082
=(Revenue - Cost of Goods Sold) / Revenue
=(7004.082 - 5780.633) / 7004.082
=17.47 %

Bechtle AG's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=301.6 / 1634.147
=(Revenue - Cost of Goods Sold) / Revenue
=(1634.147 - 1332.538) / 1634.147
=18.46 %

* 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.


Bechtle AG  (OTCPK:BECTY) 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

Bechtle AG had a gross margin of 18.46% for the quarter that ended in Mar. 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.


Bechtle AG Gross Margin % Related Terms

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Bechtle AG (Bechtle AG) Business Description

Traded in Other Exchanges
Address
Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.

Bechtle AG (Bechtle AG) Headlines

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