Cargotec Oyj gross margin has been in long-term decline. The average rate of decline per year is -1.3%.
The historical rank and industry rank for Cargotec Oyj's Gross Margin % or its related term are showing as below:
CYJBF'
s Gross Margin % Range Over the Past 10 Years
Min: 18.9 Med: 23 Max: 26.22
Current: 24.52
During the past 13 years, the highestGross Margin % of Cargotec Oyj was 26.22%. The lowest was 18.90%. And the median was 23.00%.
CYJBF's Gross Margin % is ranked better than 50.97% of 206
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.36
vs CYJBF: 24.52
Cargotec Oyj had a gross margin of 25.60% for the quarter that ended in Mar. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Cargotec Oyj was -1.30% per year.
Cargotec Oyj Gross Margin % Historical Data
The historical data trend for Cargotec Oyj'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 Cargotec Oyj's Gross Margin %
For the Farm & Heavy Construction Machinery subindustry, Cargotec Oyj'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.
Cargotec Oyj's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Cargotec Oyj's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cargotec Oyj'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.
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
Cargotec Oyj had a gross margin of 25.60% for the quarter that ended in Mar. 2024 => 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.
Cargotec Oyj Gross Margin % Related Terms
Thank you for viewing the detailed overview of Cargotec Oyj's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cargotec Oyj provides cargo and load handling solutions. Its product portfolio consists of a wide range of handling equipment and solutions, including services for terminals and distribution centers, spare parts for on-road delivery, and systems for handling marine cargo. Mobile equipment mixed with automation and energy-efficient offerings helps customers integrate different handling processes. Cargotec operates three business segments: Kalmar, Hiab, and MacGregor. The majority of sales derive from distributing products, but a global network offers services and components. Customers range from small businesses to large national organizations. The company has established customer relationships in Europe/Middle East/Africa, Asia-Pacific, and the Americas.
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