Proximus (Proximus) Gross Margin % : 63.05% (As of Dec. 2023)

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What is Proximus Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Proximus's Gross Profit for the three months ended in Dec. 2023 was $1,046 Mil. Proximus's Revenue for the three months ended in Dec. 2023 was $1,659 Mil. Therefore, Proximus's Gross Margin % for the quarter that ended in Dec. 2023 was 63.05%.

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

BGAOY' s Gross Margin % Range Over the Past 10 Years
Min: 59.4 Med: 62.89 Max: 65.07
Current: 63.32

During the past 13 years, the highest Gross Margin % of Proximus was 65.07%. The lowest was 59.40%. And the median was 62.89%.

BGAOY's Gross Margin % is ranked better than
72.6% of 354 companies
in the Telecommunication Services industry
Industry Median: 48.98 vs BGAOY: 63.32

Proximus had a gross margin of 63.05% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Proximus was -0.20% per year.

Proximus Gross Margin % Historical Data

The historical data trend for Proximus'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.

Proximus Gross Margin % Chart

Proximus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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64.21

65.07

63.93

62.65

63.32

Proximus 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															59.75	63.43	62.89	63.92	63.05

Competitive Comparison of Proximus's Gross Margin %

For the Telecom Services subindustry, Proximus'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.

Proximus's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Proximus's Gross Margin % distribution charts can be found below:

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

Proximus Gross Margin % Calculation

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

Proximus'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 )
	=	4138.5	/	6535.442
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6535.442 - 2396.947)	/	6535.442
	=	63.32 %

Proximus'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 )
	=	1045.8	/	1658.67
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1658.67 - 612.868)	/	1658.67
	=	63.05 %

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.

Proximus (OTCPK:BGAOY) 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

Proximus had a gross margin of 63.05% 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.

Proximus Gross Margin % Related Terms

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Proximus (Proximus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Proximus SA (OTCPK:BGAOY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

0DPU:UK BX7:Germany PROX:Belgium PROX:Austria

Address

Boulevard du Roi Albert II, 27, Proximus Towers, Brussels, BEL, B-1030

Website

https://www.proximus.com

Proximus is the incumbent telecom operator in Belgium. The firm has around 45% share of the broadband market and 30% of the postpaid mobile market, mainly competing with Telenet (mobile and fixed) and Orange (mobile and fixed). Proximus is rolling out fiber to the home in Belgium and expects to have 95% of the country covered by 2032. Its international carrier services division, BICS, is one of the four largest in the world, serving more than 250 operators, which was strengthened in 2017 with the acquisition of Telesign.