Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Gross Margin %

: 23.26% (As of Sep. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Loma Negra Cia Industria Argentina's Gross Profit for the three months ended in Sep. 2023 was $49.3 Mil. Loma Negra Cia Industria Argentina's Revenue for the three months ended in Sep. 2023 was $212.0 Mil. Therefore, Loma Negra Cia Industria Argentina's Gross Margin % for the quarter that ended in Sep. 2023 was 23.26%.

The historical rank and industry rank for Loma Negra Cia Industria Argentina's Gross Margin % or its related term are showing as below:

LOMA' s Gross Margin % Range Over the Past 10 Years
Min: 21.62 Med: 26.36 Max: 31.61
Current: 21.89

During the past 9 years, the highest Gross Margin % of Loma Negra Cia Industria Argentina was 31.61%. The lowest was 21.62%. And the median was 26.36%.

LOMA's Gross Margin % is ranked worse than
56.99% of 372 companies
in the Building Materials industry
Industry Median: 24.685 vs LOMA: 21.89

Loma Negra Cia Industria Argentina had a gross margin of 23.26% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Loma Negra Cia Industria Argentina was 3.20% per year.

Loma Negra Cia Industria Argentina Gross Margin % Historical Data

The historical data trend for Loma Negra Cia Industria Argentina'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.

Loma Negra Cia Industria Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

25.07

27.32

30.26

31.61

27.00

Loma Negra Cia Industria Argentina Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %																21.29	27.48	27.45	23.70	23.26

Competitive Comparison

For the Building Materials subindustry, Loma Negra Cia Industria Argentina'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.

Loma Negra Cia Industria Argentina Gross Margin % Distribution

For the Building Materials industry and Basic Materials sector, Loma Negra Cia Industria Argentina's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Loma Negra Cia Industria Argentina's Gross Margin % falls into.

Loma Negra Cia Industria Argentina Gross Margin % Calculation

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

Loma Negra Cia Industria Argentina'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 )
	=	233.8	/	865.688
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(865.688 - 631.911)	/	865.688
	=	27.00 %

Loma Negra Cia Industria Argentina's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	49.3	/	211.979
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(211.979 - 162.683)	/	211.979
	=	23.26 %

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.

Loma Negra Cia Industria Argentina (NYSE:LOMA) 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

Loma Negra Cia Industria Argentina had a gross margin of 23.26% for the quarter that ended in Sep. 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.

Loma Negra Cia Industria Argentina Gross Margin % Related Terms

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Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Loma Negra Cia Industria Argentina SA (NYSE:LOMA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

8LN:Germany LOMA:Argentina

Address

Boulevard Cecilia Grierson 355, Piso 4, 4th Floor, Buenos Aires, ARG, C1107CPG

Website

https://www.lomanegra.com

Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue comes from Cement, masonry cement, and lime segment.