GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » GCC SAB de CV (OTCPK:GCWOF) » Definitions » Gross Margin %

GCCB de CV (GCCB de CV) Gross Margin % : 33.22% (As of Mar. 2024)


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

What is GCCB de CV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. GCCB de CV's Gross Profit for the three months ended in Mar. 2024 was $91 Mil. GCCB de CV's Revenue for the three months ended in Mar. 2024 was $273 Mil. Therefore, GCCB de CV's Gross Margin % for the quarter that ended in Mar. 2024 was 33.22%.


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

GCWOF' s Gross Margin % Range Over the Past 10 Years
Min: 19.68   Med: 28.53   Max: 37.6
Current: 37.6


During the past 13 years, the highest Gross Margin % of GCCB de CV was 37.60%. The lowest was 19.68%. And the median was 28.53%.

GCWOF's Gross Margin % is ranked better than
79.84% of 372 companies
in the Building Materials industry
Industry Median: 24.765 vs GCWOF: 37.60

GCCB de CV had a gross margin of 33.22% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for GCCB de CV was 2.50% per year.


GCCB de CV Gross Margin % Historical Data

The historical data trend for GCCB de CV'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.

GCCB de CV Gross Margin % Chart

GCCB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.78 28.57 30.91 31.89 31.20

GCCB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 32.78 27.85 37.95 40.06 33.22

Competitive Comparison of GCCB de CV's Gross Margin %

For the Building Materials subindustry, GCCB de CV'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.


GCCB de CV's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, GCCB de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where GCCB de CV's Gross Margin % falls into.



GCCB de CV Gross Margin % Calculation

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

GCCB de CV's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=364.5 / 1168.319
=(Revenue - Cost of Goods Sold) / Revenue
=(1168.319 - 803.844) / 1168.319
=31.20 %

GCCB de CV's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=90.6 / 272.845
=(Revenue - Cost of Goods Sold) / Revenue
=(272.845 - 182.215) / 272.845
=33.22 %

* 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.


GCCB de CV  (OTCPK:GCWOF) 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

GCCB de CV had a gross margin of 33.22% for the quarter that ended in Mar. 2024 => 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.


GCCB de CV Gross Margin % Related Terms

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


GCCB de CV (GCCB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Vicente Suarez y Sexta s/n, Zona Industrial Nombre de Dios, Chihuahua, CHIH, MEX, 31105
GCC SAB de CV is a producer of cement and ready-mix concrete-like gray Portland cement, mortar, premixed concrete, concrete blocks, plaster, aggregates and other construction materials. It operates in the United States and Mexico. In Mexico, it operates mainly in three cement plants located in Ciudad Juarez, Samalayuca and Chihuahua and two distribution centres. In the United States, it has cement plants located in Pueblo, Colorado; Rapid City, South Dakota; Three Forks, Montana; Tijeras, New Mexico and Odessa, Texas.

GCCB de CV (GCCB de CV) Headlines

From GuruFocus

Grupo Cementos Takes Off With Housing Boom

By Holmes Osborne, CFA Holmes Osborne, CFA 07-28-2017