Gross Margin % is calculated as gross profit divided by its revenue. Britvic's Gross Profit for the
six
months ended in Sep. 2023 was $486 Mil. Britvic's Revenue for the
six
months ended in Sep. 2023 was $1,181 Mil. Therefore, Britvic's Gross Margin % for the quarter that ended in Sep. 2023 was 41.17%.
Warning Sign:
Britvic PLC gross margin has been in long-term decline. The average rate of decline per year is -4%.
The historical rank and industry rank for Britvic's Gross Margin % or its related term are showing as below:
BTVCY'
s Gross Margin % Range Over the Past 10 Years
Min: 39.71 Med: 47.59 Max: 55.28
Current: 40
During the past 13 years, the highestGross Margin % of Britvic was 55.28%. The lowest was 39.71%. And the median was 47.59%.
BTVCY's Gross Margin % is ranked better than 58.72% of 109
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 36.72
vs BTVCY: 40.00
Britvic had a gross margin of 41.17% for the quarter that ended in Sep. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Britvic was -4.00% per year.
Britvic Gross Margin % Historical Data
The historical data trend for Britvic'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.
Competitive Comparison of Britvic's Gross Margin %
For the Beverages - Non-Alcoholic subindustry, Britvic'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.
Britvic's Gross Margin % Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Britvic's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Britvic's Gross Margin % falls into.
* 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.
Britvic (OTCPK:BTVCY) 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
Britvic had a gross margin of 41.17% for the quarter that ended in Sep. 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.
Britvic Gross Margin % Related Terms
Thank you for viewing the detailed overview of Britvic's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Britvic PLC manufactures and sells nonalcoholic beverages, predominantly in Great Britain, France, and Ireland. In Great Britain and Ireland, the company sells PepsiCo brands in addition to its own Britvic brands. Britvic brands include Robinsons, J2O, Tango, Fruit Shoot and others. In France, it sells its own brands, including Teisseire, as well as private-label juices and syrups. The company also has a small international business that sells in dozens of countries, including India, the United States, and Brazil, where Britvic bought the Ebba company and now owns the Maguary and Dafruta brands. Majority of the company's total revenue is from sales in Great Britain. Britvic predominantly distributes its products to supermarkets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BTVCY has been successfully added to your 