Bechtle AG (FRA:BC8) Gross Margin %

: 16.11% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Bechtle AG's Gross Profit for the three months ended in Dec. 2023 was €305 Mil. Bechtle AG's Revenue for the three months ended in Dec. 2023 was €1,895 Mil. Therefore, Bechtle AG's Gross Margin % for the quarter that ended in Dec. 2023 was 16.11%.

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

FRA:BC8' s Gross Margin % Range Over the Past 10 Years
Min: 14.29 Med: 15.43 Max: 17.47
Current: 17.47

During the past 13 years, the highest Gross Margin % of Bechtle AG was 17.47%. The lowest was 14.29%. And the median was 15.43%.

FRA:BC8's Gross Margin % is ranked worse than
85.82% of 2630 companies
in the Software industry
Industry Median: 41.71 vs FRA:BC8: 17.47

Bechtle AG had a gross margin of 16.11% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bechtle AG was 4.20% per year.

Bechtle AG Gross Margin % Historical Data

The historical data trend for Bechtle AG'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 14.29 [6] => 16.96 [7] => 17.34 [8] => 17.47 [9] => 17.47 )

Bechtle AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

14.29

16.96

17.34

17.47

Bechtle AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %																16.77	17.31	17.89	18.95	16.11

Competitive Comparison

For the Information Technology Services subindustry, Bechtle AG'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.

Bechtle AG Gross Margin % Distribution

For the Software industry and Technology sector, Bechtle AG's Gross Margin % distribution charts can be found below:

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

Bechtle AG Gross Margin % Calculation

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

Bechtle AG'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 )
	=	1121.9	/	6422.743
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6422.743 - 5300.84)	/	6422.743
	=	17.47 %

Bechtle AG'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 )
	=	305.3	/	1895.144
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1895.144 - 1589.89)	/	1895.144
	=	16.11 %

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.

Bechtle AG (FRA:BC8) 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

Bechtle AG had a gross margin of 16.11% 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.

Bechtle AG Gross Margin % Related Terms

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Bechtle AG (FRA:BC8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bechtle AG (FRA:BC8) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

BECTY:USA BHTLF:USA 0DPM:UK BC8:Germany BC8:Austria

Address

Bechtle Platz 1, Neckarsulm, BW, DEU, 74172

Website

https://www.bechtle.com

Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.

Executives

Klaus Winkler

Supervisory Board

Bechtle AG (FRA:BC8) Headlines

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