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Oceanpact Servicos Maritimos (BSP:OPCT3) Gross Margin % : 24.26% (As of Dec. 2023)


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What is Oceanpact Servicos Maritimos Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Oceanpact Servicos Maritimos's Gross Profit for the three months ended in Dec. 2023 was R$112 Mil. Oceanpact Servicos Maritimos's Revenue for the three months ended in Dec. 2023 was R$463 Mil. Therefore, Oceanpact Servicos Maritimos's Gross Margin % for the quarter that ended in Dec. 2023 was 24.26%.

Warning Sign:

Oceanpact Servicos Maritimos SA gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


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

BSP:OPCT3' s Gross Margin % Range Over the Past 10 Years
Min: 15.62   Med: 19.48   Max: 24.31
Current: 22.78


During the past 7 years, the highest Gross Margin % of Oceanpact Servicos Maritimos was 24.31%. The lowest was 15.62%. And the median was 19.48%.

BSP:OPCT3's Gross Margin % is ranked worse than
70.77% of 992 companies
in the Business Services industry
Industry Median: 34.725 vs BSP:OPCT3: 22.78

Oceanpact Servicos Maritimos had a gross margin of 24.26% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Oceanpact Servicos Maritimos was -2.40% per year.


Oceanpact Servicos Maritimos Gross Margin % Historical Data

The historical data trend for Oceanpact Servicos Maritimos'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.

Oceanpact Servicos Maritimos Gross Margin % Chart

Oceanpact Servicos Maritimos Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 18.01 19.48 17.79 15.62 22.78

Oceanpact Servicos Maritimos Quarterly Data
Dec17 Dec18 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 24.09 22.75 19.24 24.43 24.26

Competitive Comparison of Oceanpact Servicos Maritimos's Gross Margin %

For the Specialty Business Services subindustry, Oceanpact Servicos Maritimos'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.


Oceanpact Servicos Maritimos's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Oceanpact Servicos Maritimos's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Oceanpact Servicos Maritimos's Gross Margin % falls into.



Oceanpact Servicos Maritimos Gross Margin % Calculation

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

Oceanpact Servicos Maritimos'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 )
=375.7 / 1648.883
=(Revenue - Cost of Goods Sold) / Revenue
=(1648.883 - 1273.209) / 1648.883
=22.78 %

Oceanpact Servicos Maritimos'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 )
=112.2 / 462.553
=(Revenue - Cost of Goods Sold) / Revenue
=(462.553 - 350.339) / 462.553
=24.26 %

* 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.


Oceanpact Servicos Maritimos  (BSP:OPCT3) 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

Oceanpact Servicos Maritimos had a gross margin of 24.26% for the quarter that ended in Dec. 2023 => 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.


Oceanpact Servicos Maritimos Gross Margin % Related Terms

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


Oceanpact Servicos Maritimos (BSP:OPCT3) Business Description

Traded in Other Exchanges
N/A
Address
Rua da Gloria, 122 - 11 Andar, Gloria, Rio de Janeiro, BRA, 20241-180
Oceanpact Servicos Maritimos SA specialized in the management and response to emergency situations occurring in marine and coastal environments. It develops and implements safe, efficient and innovative solutions in the areas of the environment, subsea operations and logistical and engineering support. The company offers services for the study, protection, monitoring and sustainable use of the sea, the coast and marine resources for customers from different sectors of the economy, such as oil and gas, energy, mining, telecommunications, port, navigation, tourism, fishing and aquaculture.

Oceanpact Servicos Maritimos (BSP:OPCT3) Headlines

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