Diamond S Shipping Group (Diamond S Shipping Group) Gross Margin % : 57.63% (As of Mar. 2013)

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

What is Diamond S Shipping Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Diamond S Shipping Group's Gross Profit for the six months ended in Mar. 2013 was $101.35 Mil. Diamond S Shipping Group's Revenue for the six months ended in Mar. 2013 was $175.87 Mil. Therefore, Diamond S Shipping Group's Gross Margin % for the quarter that ended in Mar. 2013 was 57.63%.

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

DSG' s Gross Margin % Range Over the Past 10 Years
Min: 57.63 Med: 60.88 Max: 64.13
Current: 57.63

During the past 2 years, the highest Gross Margin % of Diamond S Shipping Group was 64.13%. The lowest was 57.63%. And the median was 60.88%.

DSG's Gross Margin % is not ranked
in the Transportation industry.
Industry Median: 19.98 vs DSG: 57.63

Diamond S Shipping Group had a gross margin of 57.63% for the quarter that ended in Mar. 2013 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Diamond S Shipping Group was 0.00% per year.

Diamond S Shipping Group Gross Margin % Historical Data

The historical data trend for Diamond S Shipping Group'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.

Diamond S Shipping Group Gross Margin % Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Gross Margin %

64.13

57.63

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Gross Margin %	64.13	57.63

Competitive Comparison of Diamond S Shipping Group's Gross Margin %

For the Marine Shipping subindustry, Diamond S Shipping Group'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.

Diamond S Shipping Group's Gross Margin % Distribution in the Transportation Industry

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

* The bar in red indicates where Diamond S Shipping Group's Gross Margin % falls into.

Diamond S Shipping Group Gross Margin % Calculation

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

Diamond S Shipping Group's Gross Margin for the fiscal year that ended in Mar. 2013 is calculated as

Gross Margin % (A: Mar. 2013 )	=	Gross Profit (A: Mar. 2013 )	/	Revenue (A: Mar. 2013 )
	=	101.3	/	175.874
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(175.874 - 74.525)	/	175.874
	=	57.63 %

Diamond S Shipping Group's Gross Margin for the quarter that ended in Mar. 2013 is calculated as

Gross Margin % (Q: Mar. 2013 )	=	Gross Profit (Q: Mar. 2013 )	/	Revenue (Q: Mar. 2013 )
	=	101.3	/	175.874
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(175.874 - 74.525)	/	175.874
	=	57.63 %

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.

Diamond S Shipping Group (NYSE:DSG) 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

Diamond S Shipping Group had a gross margin of 57.63% for the quarter that ended in Mar. 2013 => 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.

Diamond S Shipping Group Gross Margin % Related Terms

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

Diamond S Shipping Group (Diamond S Shipping Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diamond S Shipping Group Inc (NYSE:DSG) » Definitions » Gross Margin %

Comparable Companies

PRGNF TEUFF BSTN TOPS RLOG DRYS ESEA GTMAY PXS GLBS SHIP GNKOQ GSL NAO PANL NAP GASS NM DAC OSG

Traded in Other Exchanges

N/A

Address

Website

http://www.diamondsshipping.com

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.