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Marcopolo (BSP:POMO4) Gross Margin % : 24.39% (As of Dec. 2023)


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What is Marcopolo Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Marcopolo's Gross Profit for the three months ended in Dec. 2023 was R$500 Mil. Marcopolo's Revenue for the three months ended in Dec. 2023 was R$2,050 Mil. Therefore, Marcopolo's Gross Margin % for the quarter that ended in Dec. 2023 was 24.39%.


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

BSP:POMO4' s Gross Margin % Range Over the Past 10 Years
Min: 10.18   Med: 15.58   Max: 23.02
Current: 23.02


During the past 13 years, the highest Gross Margin % of Marcopolo was 23.02%. The lowest was 10.18%. And the median was 15.58%.

BSP:POMO4's Gross Margin % is ranked worse than
54.15% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.19 vs BSP:POMO4: 23.02

Marcopolo had a gross margin of 24.39% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Marcopolo was 4.30% per year.


Marcopolo Gross Margin % Historical Data

The historical data trend for Marcopolo'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.

Marcopolo Gross Margin % Chart

Marcopolo 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 14.89 16.59 10.18 15.32 23.02

Marcopolo 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 19.77 23.63 20.24 23.01 24.39

Competitive Comparison of Marcopolo's Gross Margin %

For the Farm & Heavy Construction Machinery subindustry, Marcopolo'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.


Marcopolo's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Marcopolo's Gross Margin % distribution charts can be found below:

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



Marcopolo Gross Margin % Calculation

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

Marcopolo'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 )
=1538.6 / 6683.218
=(Revenue - Cost of Goods Sold) / Revenue
=(6683.218 - 5144.577) / 6683.218
=23.02 %

Marcopolo'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 )
=500 / 2049.945
=(Revenue - Cost of Goods Sold) / Revenue
=(2049.945 - 1549.97) / 2049.945
=24.39 %

* 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.


Marcopolo  (BSP:POMO4) 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

Marcopolo had a gross margin of 24.39% 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.


Marcopolo Gross Margin % Related Terms

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


Marcopolo (BSP:POMO4) Business Description

Traded in Other Exchanges
Address
Avenida Marcopolo, 280, Bairro Planalto, Caxias do Sul, RS, BRA, 95060-145
Marcopolo SA is a Brazilian auto manufacturer. The line of products includes a wide variety of models, composed of the groups of intercity, urban, micro, and mini-buses, as well as the Volare family (complete bus, with chassis and body). The buses are manufactured in facilities predominantly in Brazil and in Columbia, Egypt, India, Mexico, and China. The revenues that the company derives from its exports are marginally higher than that from domestic sales. Marcopolo sells its vehicles under such brand names as Volare, Fratello, Andare, Viaggio, Torino, and Viale. Its activities are divided into two segments, Industrial and Financial. The industrial segment is its core segment which manufactures buses and the financial segment is responsible for financing transactions through Banco Moneo.

Marcopolo (BSP:POMO4) Headlines

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