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Just Eat Takeaway.com NV (Just Eat Takeaway.com NV) Gross Margin % : 46.10% (As of Dec. 2023)


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What is Just Eat Takeaway.com NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Just Eat Takeaway.com NV's Gross Profit for the six months ended in Dec. 2023 was $1,297 Mil. Just Eat Takeaway.com NV's Revenue for the six months ended in Dec. 2023 was $2,812 Mil. Therefore, Just Eat Takeaway.com NV's Gross Margin % for the quarter that ended in Dec. 2023 was 46.10%.

Warning Sign:

Just Eat Takeaway.com NV gross margin has been in long-term decline. The average rate of decline per year is -13.1%.


The historical rank and industry rank for Just Eat Takeaway.com NV's Gross Margin % or its related term are showing as below:

JTKWY' s Gross Margin % Range Over the Past 10 Years
Min: 34.66   Med: 77.25   Max: 90.42
Current: 45.89


During the past 12 years, the highest Gross Margin % of Just Eat Takeaway.com NV was 90.42%. The lowest was 34.66%. And the median was 77.25%.

JTKWY's Gross Margin % is ranked better than
66.7% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.74 vs JTKWY: 45.89

Just Eat Takeaway.com NV had a gross margin of 46.10% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Just Eat Takeaway.com NV was -13.10% per year.


Just Eat Takeaway.com NV Gross Margin % Historical Data

The historical data trend for Just Eat Takeaway.com NV'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.

Just Eat Takeaway.com NV Gross Margin % Chart

Just Eat Takeaway.com NV 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 73.32 54.95 34.66 43.00 45.89

Just Eat Takeaway.com NV Semi-Annual Data
Dec13 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 35.17 41.21 44.78 45.67 46.10

Competitive Comparison of Just Eat Takeaway.com NV's Gross Margin %

For the Internet Retail subindustry, Just Eat Takeaway.com NV'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.


Just Eat Takeaway.com NV's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Just Eat Takeaway.com NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Just Eat Takeaway.com NV's Gross Margin % falls into.



Just Eat Takeaway.com NV Gross Margin % Calculation

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

Just Eat Takeaway.com NV'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 )
=2585.6 / 5634.678
=(Revenue - Cost of Goods Sold) / Revenue
=(5634.678 - 3049.073) / 5634.678
=45.89 %

Just Eat Takeaway.com NV'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 )
=1296.6 / 2812.432
=(Revenue - Cost of Goods Sold) / Revenue
=(2812.432 - 1515.813) / 2812.432
=46.10 %

* 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.


Just Eat Takeaway.com NV  (OTCPK:JTKWY) 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

Just Eat Takeaway.com NV had a gross margin of 46.10% 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.


Just Eat Takeaway.com NV Gross Margin % Related Terms

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Just Eat Takeaway.com NV (Just Eat Takeaway.com NV) Business Description

Address
Piet Heinkade 61, Amsterdam, NLD, 1019 GM
Just Eat Takeaway operates an online marketplace that connects restaurants with users in Europe and North America. The company operates mainly as an order-only marketplace, although it also offers last-mile delivery services. The company is the result of the merger of Just Eat and Takeaway.com in early 2020. The company had close to 985 million orders and a gross transaction value of EUR 28.2 billion in fiscal 2022. Excluding the U.S. after the recent acquisition of Grubhub, the company's largest geographical presence by revenue is in the U.K., Germany, Canada, and the Netherlands.