GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cooper-Standard Holdings Inc (NYSE:CPS) » Definitions » Gross Margin %

Cooper-Standard Holdings (Cooper-Standard Holdings) Gross Margin % : 9.60% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Cooper-Standard Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cooper-Standard Holdings's Gross Profit for the three months ended in Dec. 2023 was $65 Mil. Cooper-Standard Holdings's Revenue for the three months ended in Dec. 2023 was $674 Mil. Therefore, Cooper-Standard Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 9.60%.

Warning Sign:

Cooper-Standard Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -12.9%.


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

CPS' s Gross Margin % Range Over the Past 10 Years
Min: 3.74   Med: 13.34   Max: 19.14
Current: 10.33


During the past 13 years, the highest Gross Margin % of Cooper-Standard Holdings was 19.14%. The lowest was 3.74%. And the median was 13.34%.

CPS's Gross Margin % is ranked worse than
82.24% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs CPS: 10.33

Cooper-Standard Holdings had a gross margin of 9.60% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cooper-Standard Holdings was -12.90% per year.


Cooper-Standard Holdings Gross Margin % Historical Data

The historical data trend for Cooper-Standard Holdings'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.

Cooper-Standard Holdings Gross Margin % Chart

Cooper-Standard Holdings 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 11.55 6.21 3.74 5.14 10.33

Cooper-Standard Holdings 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 8.36 6.13 10.74 14.47 9.60

Competitive Comparison of Cooper-Standard Holdings's Gross Margin %

For the Auto Parts subindustry, Cooper-Standard Holdings'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.


Cooper-Standard Holdings's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cooper-Standard Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cooper-Standard Holdings's Gross Margin % falls into.



Cooper-Standard Holdings Gross Margin % Calculation

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

Cooper-Standard Holdings'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 )
=290.8 / 2815.879
=(Revenue - Cost of Goods Sold) / Revenue
=(2815.879 - 2525.103) / 2815.879
=10.33 %

Cooper-Standard Holdings'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 )
=64.7 / 673.643
=(Revenue - Cost of Goods Sold) / Revenue
=(673.643 - 608.943) / 673.643
=9.60 %

* 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.


Cooper-Standard Holdings  (NYSE:CPS) 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

Cooper-Standard Holdings had a gross margin of 9.60% 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.


Cooper-Standard Holdings Gross Margin % Related Terms

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


Cooper-Standard Holdings (Cooper-Standard Holdings) Business Description

Traded in Other Exchanges
Address
40300 Traditions Drive, Northville, MI, USA, 48168
Cooper-Standard Holdings Inc is a supplier of rubber and resin products for the automotive industry. The company produces rubber and plastic sealings, fuel and brake lines, fluid transfer hoses, and anti-vibration systems used by original equipment manufacturers and replacement markets for passenger vehicles and light trucks. The largest customers include Ford, GM, FCA, Peugeot Citroen, and Volkswagen. Cooper Standard generates the majority of its revenue with its sealing systems products such as Fortrex, dynamic and static seals, stainless steel trims, flush glass systems, and variable extrusions.
Executives
Maryann Peterson Kanary officer: See remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Amy B. Kulikowski officer: VP, Chief Accounting Officer 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Patrick Clark officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Somasundhar Venkatasubramanian officer: See remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeffrey S Edwards officer: President and CEO 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Larry Ott officer: VP Global HR 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Van Oss Stephen A director
Christopher Couch officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Rebecca Mccabe officer: VP, Chief Accounting Officer 40300 TRADITIONS DRIVE, 40300, NORTHVILLE MI 48168
Christine M Moore director 411 WEST LAFAYETTE, DETROIT MI 48226
Justin E Mirro director 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Jeffrey A. Debest officer: See Remarks 39550 ORCHARD HILL PLACE, NOVI MI 48375
Susan P. Kampe officer: See Remarks 39550 ORCHARD HILL PLACE, NOVI MI 48375
Peter C. Brusate officer: Corp. Controller and CAO 39550 ORCHARD HILL PLACE, NOVI MI 48375