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Moncler SpA (MIL:MONC) Gross Margin % : 74.87% (As of Jun. 2023)


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What is Moncler SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Moncler SpA's Gross Profit for the six months ended in Jun. 2023 was €851 Mil. Moncler SpA's Revenue for the six months ended in Jun. 2023 was €1,137 Mil. Therefore, Moncler SpA's Gross Margin % for the quarter that ended in Jun. 2023 was 74.87%.


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

MIL:MONC' s Gross Margin % Range Over the Past 10 Years
Min: 71.32   Med: 76.06   Max: 77.73
Current: 77.1


During the past 14 years, the highest Gross Margin % of Moncler SpA was 77.73%. The lowest was 71.32%. And the median was 76.06%.

MIL:MONC's Gross Margin % is ranked better than
98.16% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.275 vs MIL:MONC: 77.10

Moncler SpA had a gross margin of 74.87% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Moncler SpA was -0.30% per year.


Moncler SpA Gross Margin % Historical Data

The historical data trend for Moncler 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.

Moncler SpA Gross Margin % Chart

Moncler SpA 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 77.73 75.65 76.58 76.37 77.10

Moncler SpA 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 77.18 73.79 77.78 74.87 78.47

Competitive Comparison of Moncler SpA's Gross Margin %

For the Apparel Manufacturing subindustry, Moncler 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.


Moncler SpA's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Moncler SpA's Gross Margin % distribution charts can be found below:

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



Moncler SpA Gross Margin % Calculation

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

Moncler SpA's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=1987.8 / 2602.89
=(Revenue - Cost of Goods Sold) / Revenue
=(2602.89 - 615.047) / 2602.89
=76.37 %

Moncler SpA's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=851 / 1136.59
=(Revenue - Cost of Goods Sold) / Revenue
=(1136.59 - 285.601) / 1136.59
=74.87 %

* 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.


Moncler SpA  (MIL:MONC) 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

Moncler SpA had a gross margin of 74.87% for the quarter that ended in Jun. 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.


Moncler SpA Gross Margin % Related Terms

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


Moncler SpA (MIL:MONC) Business Description

Address
Via Stendhal, 47, Milan, ITA, 20144
Moncler consists of its namesake brand and Stone Island (acquired in 2021). The Moncler brand is one of the leading players in luxury outerwear. It is globally present with 36% of sales generated in Europe, the Middle East, and Africa, 17% in the Americas, and 47% in Asia and rest of the world. Most of the company's sales are direct to consumer, with almost 80% generated through the own-retail channel. Around 75%-80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories. Stone Island contributed around 15% of revenue in 2022.

Moncler SpA (MIL:MONC) Headlines

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