GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hidrovias DO Brasil SA (BSP:HBSA3) » Definitions » Gross Margin %

Hidrovias DO Brasil (BSP:HBSA3) Gross Margin % : 8.09% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Hidrovias DO Brasil Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hidrovias DO Brasil's Gross Profit for the three months ended in Dec. 2023 was R$29 Mil. Hidrovias DO Brasil's Revenue for the three months ended in Dec. 2023 was R$362 Mil. Therefore, Hidrovias DO Brasil's Gross Margin % for the quarter that ended in Dec. 2023 was 8.09%.

Warning Sign:

Hidrovias DO Brasil SA gross margin has been in long-term decline. The average rate of decline per year is -4.8%.


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

BSP:HBSA3' s Gross Margin % Range Over the Past 10 Years
Min: -17.74   Med: 31.26   Max: 49.56
Current: 35.43


During the past 11 years, the highest Gross Margin % of Hidrovias DO Brasil was 49.56%. The lowest was -17.74%. And the median was 31.26%.

BSP:HBSA3's Gross Margin % is ranked better than
77.46% of 945 companies
in the Transportation industry
Industry Median: 20.03 vs BSP:HBSA3: 35.43

Hidrovias DO Brasil had a gross margin of 8.09% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hidrovias DO Brasil was -4.80% per year.


Hidrovias DO Brasil Gross Margin % Historical Data

The historical data trend for Hidrovias DO Brasil'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.

Hidrovias DO Brasil Gross Margin % Chart

Hidrovias DO Brasil 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 33.28 25.48 21.04 34.97 35.43

Hidrovias DO Brasil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 27.53 39.59 48.65 35.46 8.09

Competitive Comparison of Hidrovias DO Brasil's Gross Margin %

For the Integrated Freight & Logistics subindustry, Hidrovias DO Brasil'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.


Hidrovias DO Brasil's Gross Margin % Distribution in the Transportation Industry

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

* The bar in red indicates where Hidrovias DO Brasil's Gross Margin % falls into.



Hidrovias DO Brasil Gross Margin % Calculation

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

Hidrovias DO Brasil'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 )
=681.9 / 1924.35
=(Revenue - Cost of Goods Sold) / Revenue
=(1924.35 - 1242.478) / 1924.35
=35.43 %

Hidrovias DO Brasil'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 )
=29.3 / 361.805
=(Revenue - Cost of Goods Sold) / Revenue
=(361.805 - 332.537) / 361.805
=8.09 %

* 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.


Hidrovias DO Brasil  (BSP:HBSA3) 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

Hidrovias DO Brasil had a gross margin of 8.09% for the quarter that ended in Dec. 2023 => 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.


Hidrovias DO Brasil Gross Margin % Related Terms

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


Hidrovias DO Brasil (BSP:HBSA3) Business Description

Traded in Other Exchanges
N/A
Address
Fradique Coutinho, 30, 7th Floor, Pinheiros, Sao Paulo, SP, BRA, CEP: 05416-000
Hidrovias DO Brasil SA is a provider of integrated logistics solutions with a focus on waterways. The company provides integrated waterway logistics, storage, and related services with long-term take-or-pay contracts, as well as annual contracts, through a broad base asset, including transshipment services and port terminals, and its advanced fleet of barges, pushers, and cabotage vessels. Its operating segment includes North Corridor; South Corridor; Cabotage; Santos and other. The company generates maximum revenue from the North Corridor segment.

Hidrovias DO Brasil (BSP:HBSA3) Headlines

No Headlines