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Randon Implementos E Participacoes (BSP:RAPT3) Gross Margin % : 22.84% (As of Dec. 2023)


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What is Randon Implementos E Participacoes Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Randon Implementos E Participacoes's Gross Profit for the three months ended in Dec. 2023 was R$584 Mil. Randon Implementos E Participacoes's Revenue for the three months ended in Dec. 2023 was R$2,556 Mil. Therefore, Randon Implementos E Participacoes's Gross Margin % for the quarter that ended in Dec. 2023 was 22.84%.


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

BSP:RAPT3' s Gross Margin % Range Over the Past 10 Years
Min: 19.85   Med: 24.29   Max: 25.66
Current: 25.66


During the past 13 years, the highest Gross Margin % of Randon Implementos E Participacoes was 25.66%. The lowest was 19.85%. And the median was 24.29%.

BSP:RAPT3's Gross Margin % is ranked better than
56.59% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.19 vs BSP:RAPT3: 25.66

Randon Implementos E Participacoes had a gross margin of 22.84% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Randon Implementos E Participacoes was 0.60% per year.


Randon Implementos E Participacoes Gross Margin % Historical Data

The historical data trend for Randon Implementos E Participacoes'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.

Randon Implementos E Participacoes Gross Margin % Chart

Randon Implementos E Participacoes 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 24.82 25.18 25.04 23.54 25.66

Randon Implementos E Participacoes 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 20.80 27.55 28.09 24.07 22.84

Competitive Comparison of Randon Implementos E Participacoes's Gross Margin %

For the Farm & Heavy Construction Machinery subindustry, Randon Implementos E Participacoes'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.


Randon Implementos E Participacoes's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where Randon Implementos E Participacoes's Gross Margin % falls into.



Randon Implementos E Participacoes Gross Margin % Calculation

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

Randon Implementos E Participacoes'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 )
=2793.4 / 10887.843
=(Revenue - Cost of Goods Sold) / Revenue
=(10887.843 - 8094.488) / 10887.843
=25.66 %

Randon Implementos E Participacoes'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 )
=583.8 / 2556.127
=(Revenue - Cost of Goods Sold) / Revenue
=(2556.127 - 1972.339) / 2556.127
=22.84 %

* 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.


Randon Implementos E Participacoes  (BSP:RAPT3) 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

Randon Implementos E Participacoes had a gross margin of 22.84% 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.


Randon Implementos E Participacoes Gross Margin % Related Terms

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


Randon Implementos E Participacoes (BSP:RAPT3) Business Description

Traded in Other Exchanges
Address
Av Abramo Randon 770, Caxias Do Sul, RS, BRA, 95055010
Randon SA Implementos E Participacoes is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The company is engaged in the following segments Road / Railroad Equipment & Specialty Vehicles, Auto Parts and Services and others. Its products include various wagon types, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers, brake and transmission system. The firm generates its major part of the revenue from road, railroad equipment and specialty vehicles segment.

Randon Implementos E Participacoes (BSP:RAPT3) Headlines

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