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Toshiba (LSE:TOS) Gross Margin % : 26.10% (As of Sep. 2023)


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What is Toshiba Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Toshiba's Gross Profit for the three months ended in Sep. 2023 was 円207,128 Mil. Toshiba's Revenue for the three months ended in Sep. 2023 was 円793,545 Mil. Therefore, Toshiba's Gross Margin % for the quarter that ended in Sep. 2023 was 26.10%.


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

LSE:TOS' s Gross Margin % Range Over the Past 10 Years
Min: 14.58   Med: 25.23   Max: 27.14
Current: 27.14


During the past 13 years, the highest Gross Margin % of Toshiba was 27.14%. The lowest was 14.58%. And the median was 25.23%.

LSE:TOS's Gross Margin % is ranked better than
55.11% of 479 companies
in the Conglomerates industry
Industry Median: 25.04 vs LSE:TOS: 27.14

Toshiba had a gross margin of 26.10% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Toshiba was 1.80% per year.


Toshiba Gross Margin % Historical Data

The historical data trend for Toshiba'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.

Toshiba Gross Margin % Chart

Toshiba Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.64 27.08 26.96 26.59 26.47

Toshiba Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 25.22 25.75 29.35 26.52 26.10

Competitive Comparison of Toshiba's Gross Margin %

For the Conglomerates subindustry, Toshiba'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.


Toshiba's Gross Margin % Distribution in the Conglomerates Industry

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

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



Toshiba Gross Margin % Calculation

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

Toshiba's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=889975 / 3361657
=(Revenue - Cost of Goods Sold) / Revenue
=(3361657 - 2471682) / 3361657
=26.47 %

Toshiba's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=207128 / 793545
=(Revenue - Cost of Goods Sold) / Revenue
=(793545 - 586417) / 793545
=26.10 %

* 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.


Toshiba  (LSE:TOS) 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

Toshiba had a gross margin of 26.10% for the quarter that ended in Sep. 2023 => 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.


Toshiba Gross Margin % Related Terms

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


Toshiba (LSE:TOS) Business Description

Traded in Other Exchanges
Address
1-1, Shibaura 1-chome, Minato-ku, Tokyo, JPN, 105-8001
Founded in 1875, Toshiba is Japan's largest semiconductor manufacturer and its second-largest diversified industrial conglomerate. After the accounting scandal in 2015, Toshiba reorganized into six major segments: energy systems and solutions; infrastructure systems and solutions; building solutions; retail and printing solutions; storage and electronic devices solutions; and digital solutions. Toshiba is the second-largest manufacturer of NAND flash memory with a market share of 16.5% in 2017, and it concentrates business resources in this area.

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