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Deutsche Boerse AG (MIL:1DB1) Gross Margin % : 59.57% (As of Mar. 2024)


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What is Deutsche Boerse AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Deutsche Boerse AG's Gross Profit for the three months ended in Mar. 2024 was €1,023 Mil. Deutsche Boerse AG's Revenue for the three months ended in Mar. 2024 was €1,716 Mil. Therefore, Deutsche Boerse AG's Gross Margin % for the quarter that ended in Mar. 2024 was 59.57%.


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

MIL:1DB1' s Gross Margin % Range Over the Past 10 Years
Min: 50.56   Med: 55.6   Max: 59.17
Current: 56.2


During the past 13 years, the highest Gross Margin % of Deutsche Boerse AG was 59.17%. The lowest was 50.56%. And the median was 55.60%.

MIL:1DB1's Gross Margin % is ranked better than
57.36% of 605 companies
in the Capital Markets industry
Industry Median: 48.7 vs MIL:1DB1: 56.20

Deutsche Boerse AG had a gross margin of 59.57% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Deutsche Boerse AG was -0.30% per year.


Deutsche Boerse AG Gross Margin % Historical Data

The historical data trend for Deutsche Boerse AG'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.

Deutsche Boerse AG Gross Margin % Chart

Deutsche Boerse AG 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 59.03 56.63 51.56 57.32 59.17

Deutsche Boerse AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 61.59 48.64 58.53 56.01 59.57

Competitive Comparison of Deutsche Boerse AG's Gross Margin %

For the Financial Data & Stock Exchanges subindustry, Deutsche Boerse AG'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.


Deutsche Boerse AG's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Deutsche Boerse AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Deutsche Boerse AG's Gross Margin % falls into.



Deutsche Boerse AG Gross Margin % Calculation

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

Deutsche Boerse AG'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 )
=3607.1 / 6096.1
=(Revenue - Cost of Goods Sold) / Revenue
=(6096.1 - 2489) / 6096.1
=59.17 %

Deutsche Boerse AG'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 )
=1022.5 / 1716.4
=(Revenue - Cost of Goods Sold) / Revenue
=(1716.4 - 693.9) / 1716.4
=59.57 %

* 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.


Deutsche Boerse AG  (MIL:1DB1) 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

Deutsche Boerse AG had a gross margin of 59.57% for the quarter that ended in Mar. 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.


Deutsche Boerse AG Gross Margin % Related Terms

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


Deutsche Boerse AG (MIL:1DB1) Business Description

Address
Mergenthalerallee 61, Eschborn, Frankfurt, HE, DEU, 60485
Deutsche Boerse is a financial exchange company headquartered in Frankfurt, Germany. The company primarily generates revenue through its Eurex and Clearstream segments. Eurex allows for the trading and clearing of derivatives. Clearstream offers custody and settlement services for domestic and international securities, as well as collateral management services. Other segments include Xetra, which generates revenue through trading and clearing cash equities, STOXX (an index business), and several others.

Deutsche Boerse AG (MIL:1DB1) Headlines

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