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Mazda Motor (Mazda Motor) Gross Margin % : 22.68% (As of Dec. 2023)


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What is Mazda Motor Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mazda Motor's Gross Profit for the three months ended in Dec. 2023 was $1,968 Mil. Mazda Motor's Revenue for the three months ended in Dec. 2023 was $8,676 Mil. Therefore, Mazda Motor's Gross Margin % for the quarter that ended in Dec. 2023 was 22.68%.

Warning Sign:

Mazda Motor Corp gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

MZDAY' s Gross Margin % Range Over the Past 10 Years
Min: 20.94   Med: 22.92   Max: 25.95
Current: 20.94


During the past 13 years, the highest Gross Margin % of Mazda Motor was 25.95%. The lowest was 20.94%. And the median was 22.92%.

MZDAY's Gross Margin % is ranked better than
55.56% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs MZDAY: 20.94

Mazda Motor had a gross margin of 22.68% for the quarter that ended in Dec. 2023 => Competition eroding margins

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


Mazda Motor Gross Margin % Historical Data

The historical data trend for Mazda Motor'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.

Mazda Motor Gross Margin % Chart

Mazda Motor 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 22.22 21.77 21.29 22.04 20.95

Mazda Motor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 21.94 19.06 19.83 21.87 22.68

Competitive Comparison of Mazda Motor's Gross Margin %

For the Auto Manufacturers subindustry, Mazda Motor'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.


Mazda Motor's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mazda Motor's Gross Margin % distribution charts can be found below:

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



Mazda Motor Gross Margin % Calculation

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

Mazda Motor'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 )
=5996.5 / 28629.574
=(Revenue - Cost of Goods Sold) / Revenue
=(28629.574 - 22633.044) / 28629.574
=20.95 %

Mazda Motor'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 )
=1968.1 / 8676.316
=(Revenue - Cost of Goods Sold) / Revenue
=(8676.316 - 6708.244) / 8676.316
=22.68 %

* 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.


Mazda Motor  (OTCPK:MZDAY) 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

Mazda Motor had a gross margin of 22.68% for the quarter that ended in Dec. 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.


Mazda Motor Gross Margin % Related Terms

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


Mazda Motor (Mazda Motor) Business Description

Traded in Other Exchanges
Address
3-1 Shinchi, Fuchu-cho, Aki-gun, Hiroshima, JPN, 730-8670
Mazda Motor Corp is a Japanese automobile manufacturer. The company primarily manufactures passenger cars and commercial vehicles. Also, Mazda manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of Mazda's production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets. The company derives more than half its consolidated revenue from operations in Japan, followed by North America, and then Europe.