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Clarkson (LSE:CKN) Gross Margin % : 95.10% (As of Dec. 2023)


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What is Clarkson Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Clarkson's Gross Profit for the six months ended in Dec. 2023 was £302.7 Mil. Clarkson's Revenue for the six months ended in Dec. 2023 was £318.3 Mil. Therefore, Clarkson's Gross Margin % for the quarter that ended in Dec. 2023 was 95.10%.


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

LSE:CKN' s Gross Margin % Range Over the Past 10 Years
Min: 94.41   Med: 96.29   Max: 97.09
Current: 95.25


During the past 13 years, the highest Gross Margin % of Clarkson was 97.09%. The lowest was 94.41%. And the median was 96.29%.

LSE:CKN's Gross Margin % is ranked better than
98.94% of 945 companies
in the Transportation industry
Industry Median: 20.14 vs LSE:CKN: 95.25

Clarkson had a gross margin of 95.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Clarkson was -0.10% per year.


Clarkson Gross Margin % Historical Data

The historical data trend for Clarkson'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.

Clarkson Gross Margin % Chart

Clarkson 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 96.06 96.29 96.28 96.39 95.25

Clarkson Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 96.60 96.10 96.62 95.39 95.10

Competitive Comparison of Clarkson's Gross Margin %

For the Marine Shipping subindustry, Clarkson'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.


Clarkson's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Clarkson's Gross Margin % distribution charts can be found below:

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



Clarkson Gross Margin % Calculation

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

Clarkson'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 )
=609 / 639.4
=(Revenue - Cost of Goods Sold) / Revenue
=(639.4 - 30.4) / 639.4
=95.25 %

Clarkson'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 )
=302.7 / 318.3
=(Revenue - Cost of Goods Sold) / Revenue
=(318.3 - 15.6) / 318.3
=95.10 %

* 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.


Clarkson  (LSE:CKN) 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

Clarkson had a gross margin of 95.10% for the quarter that ended in Dec. 2023 => 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.


Clarkson Gross Margin % Related Terms

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Clarkson (LSE:CKN) Business Description

Traded in Other Exchanges
Address
Commodity Quay, St Katharine Docks, London, GBR, E1W 1BF
Clarkson PLC is a shipbroking company that services the transportation industry. The company organizes itself into four segments: broking, financial, support, and research. Broking, which generates the vast majority of revenue, provides shipbroking services for ocean transporters. Financial, the next most significant segment, provides investment banking and asset finance services in the shipping, offshore, and real estate sectors. Geographically, it derives a majority of revenue from Europe, the Middle East, and Africa.

Clarkson (LSE:CKN) Headlines

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