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Diasorin SpA (MIL:DIA) Gross Margin %

: 64.59% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Diasorin SpA's Gross Profit for the three months ended in Dec. 2023 was €195 Mil. Diasorin SpA's Revenue for the three months ended in Dec. 2023 was €302 Mil. Therefore, Diasorin SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 64.59%.

Warning Sign:

Diasorin SpA gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

MIL:DIA' s Gross Margin % Range Over the Past 10 Years
Min: 64.49   Med: 67.93   Max: 69.19
Current: 64.49


During the past 13 years, the highest Gross Margin % of Diasorin SpA was 69.19%. The lowest was 64.49%. And the median was 67.93%.

MIL:DIA's Gross Margin % is ranked better than
73.15% of 216 companies
in the Medical Diagnostics & Research industry
Industry Median: 46.155 vs MIL:DIA: 64.49

Diasorin SpA had a gross margin of 64.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Diasorin SpA was -1.20% per year.


Diasorin SpA Gross Margin % Historical Data

The historical data trend for Diasorin SpA'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.

Diasorin SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.19 68.41 66.64 66.17 64.55

Diasorin SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 65.77 66.26 65.10 61.85 64.59

Competitive Comparison

For the Diagnostics & Research subindustry, Diasorin SpA'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.


Diasorin SpA Gross Margin % Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Diasorin SpA's Gross Margin % distribution charts can be found below:

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



Diasorin SpA Gross Margin % Calculation

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

Diasorin SpA'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 )
=741.2 / 1148.21
=(Revenue - Cost of Goods Sold) / Revenue
=(1148.21 - 407.024) / 1148.21
=64.55 %

Diasorin SpA'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 )
=195.2 / 302.21
=(Revenue - Cost of Goods Sold) / Revenue
=(302.21 - 107.024) / 302.21
=64.59 %

* 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.


Diasorin SpA  (MIL:DIA) 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

Diasorin SpA had a gross margin of 64.59% 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.


Diasorin SpA Gross Margin % Related Terms

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Diasorin SpA (MIL:DIA) Business Description

Traded in Other Exchanges
Address
Via Crescentino Snc, Saluggia, Vercelli, ITA, 13040
Diasorin SpA is a biotechnology company engaged in developing, producing, and marketing reagent kits for laboratory diagnostics around the world. The business has focused on the immunodiagnostic market, molecular diagnostics, and Life Science sector. The company has a presence in Italy, Europe, North America, and the Rest of the world, where the majority of its revenue is from North America followed by Italy.

Diasorin SpA (MIL:DIA) Headlines

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