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Textainer Group Holdings Gross Margin %

: 42.55% (As of Jun. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. Textainer Group Holdings's Gross Profit for the three months ended in Jun. 2022 was $98.9 Mil. Textainer Group Holdings's Revenue for the three months ended in Jun. 2022 was $232.5 Mil. Therefore, Textainer Group Holdings's Gross Margin % for the quarter that ended in Jun. 2022 was 42.55%.


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

TGH' s Gross Margin % Range Over the Past 10 Years
Min: 12.9   Med: 30.41   Max: 50.8
Current: 41.93


During the past 13 years, the highest Gross Margin % of Textainer Group Holdings was 50.80%. The lowest was 12.90%. And the median was 30.41%.

TGH's Gross Margin % is ranked better than
61.48% of 971 companies
in the Business Services industry
Industry Median: 34.55 vs TGH: 41.93

Textainer Group Holdings had a gross margin of 42.55% for the quarter that ended in Jun. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Textainer Group Holdings was 18.40% per year.


Textainer Group Holdings Gross Margin % Historical Data

The historical data trend for Textainer Group Holdings'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.

Textainer Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.90 17.34 14.85 21.03 40.96

Textainer Group Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 42.32 43.18 40.85 41.11 42.55

Competitive Comparison

For the Rental & Leasing Services subindustry, Textainer Group Holdings'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.

   

Textainer Group Holdings Gross Margin % Distribution

For the Business Services industry and Industrials sector, Textainer Group Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Textainer Group Holdings's Gross Margin % falls into.



Textainer Group Holdings Gross Margin % Calculation

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

Textainer Group Holdings's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=349.6 / 853.487
=(Revenue - Cost of Goods Sold) / Revenue
=(853.487 - 503.873) / 853.487
=40.96 %

Textainer Group Holdings's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=98.9 / 232.51
=(Revenue - Cost of Goods Sold) / Revenue
=(232.51 - 133.576) / 232.51
=42.55 %

* 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.


Textainer Group Holdings  (NYSE:TGH) 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

Textainer Group Holdings had a gross margin of 42.55% for the quarter that ended in Jun. 2022 => 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.


Textainer Group Holdings Gross Margin % Related Terms

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Textainer Group Holdings Business Description

Textainer Group Holdings logo
Address
16 Par-La-Ville Road, Century House, Hamilton, BMU, HM 08
Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally, including international shipping lines and other leases. The firm's operating segments are Container Ownership, Container Management, and Container Resale. Its geographical segments are Asia, Europe, North/South America, and other international countries. Textainer generates the majority of its revenue from lease rental income.

Textainer Group Holdings Headlines

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