Hennes & Mauritz AB (Hennes & Mauritz AB) Gross Margin % : 51.53% (As of Feb. 2024)

Hennes & Mauritz AB Gross Margin % Chart

Hennes & Mauritz AB Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Gross Margin %		Get a 7-Day Free Trial					52.61	50.02	52.78	50.71	51.22

Hennes & Mauritz AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Gross Margin %	Get a 7-Day Free Trial															47.18	52.66	50.93	53.72	51.53

Competitive Comparison of Hennes & Mauritz AB's Gross Margin %

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB'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.

Hennes & Mauritz AB's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hennes & Mauritz AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hennes & Mauritz AB's Gross Margin % falls into.

Hennes & Mauritz AB Gross Margin % Calculation

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

Hennes & Mauritz AB's Gross Margin for the fiscal year that ended in Nov. 2023 is calculated as

Hennes & Mauritz AB's Gross Margin for the quarter that ended in Feb. 2024 is calculated as

* 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.

Hennes & Mauritz AB  (OTCPK:HNNMY) 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

Hennes & Mauritz AB had a gross margin of 51.53% for the quarter that ended in Feb. 2024 => Durable 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.

Hennes & Mauritz AB Gross Margin % Related Terms

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Hennes & Mauritz AB (Hennes & Mauritz AB) Business Description