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Universal Robina (PHS:URC) Gross Margin % : 28.01% (As of Dec. 2023)


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What is Universal Robina Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Universal Robina's Gross Profit for the three months ended in Dec. 2023 was ₱11,413 Mil. Universal Robina's Revenue for the three months ended in Dec. 2023 was ₱40,746 Mil. Therefore, Universal Robina's Gross Margin % for the quarter that ended in Dec. 2023 was 28.01%.

Warning Sign:

Universal Robina Corp gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


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

PHS:URC' s Gross Margin % Range Over the Past 10 Years
Min: 26.16   Med: 30.04   Max: 32.73
Current: 27.16


During the past 13 years, the highest Gross Margin % of Universal Robina was 32.73%. The lowest was 26.16%. And the median was 30.04%.

PHS:URC's Gross Margin % is ranked better than
55.33% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs PHS:URC: 27.16

Universal Robina had a gross margin of 28.01% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Universal Robina was -2.30% per year.


Universal Robina Gross Margin % Historical Data

The historical data trend for Universal Robina'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.

Universal Robina Gross Margin % Chart

Universal Robina Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.51 30.57 28.61 26.16 27.16

Universal Robina 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 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 24.84 26.87 26.33 27.38 28.01

Competitive Comparison of Universal Robina's Gross Margin %

For the Packaged Foods subindustry, Universal Robina'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.


Universal Robina's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Universal Robina's Gross Margin % distribution charts can be found below:

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



Universal Robina Gross Margin % Calculation

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

Universal Robina'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 )
=43007.6 / 158366.709
=(Revenue - Cost of Goods Sold) / Revenue
=(158366.709 - 115359.156) / 158366.709
=27.16 %

Universal Robina'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 )
=11413.3 / 40745.969
=(Revenue - Cost of Goods Sold) / Revenue
=(40745.969 - 29332.657) / 40745.969
=28.01 %

* 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.


Universal Robina  (PHS:URC) 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

Universal Robina had a gross margin of 28.01% for the quarter that ended in Dec. 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.


Universal Robina Gross Margin % Related Terms

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Universal Robina (PHS:URC) Business Description

Traded in Other Exchanges
Address
E. Rodriguez, Jr. Avenue (C5 Road), 8th Floor, Tera Tower, Bridgetowne, Ugong Norte, Metro Manila, Quezon City, PHL, 1110
Universal Robina Corp is a branded consumer food and beverage product company, originally from the Philippines. It is mainly present in the Association of Southeast Asian Nations, or ASEAN, markets, but the company also exports to markets in Japan, Korea, the U.S., Europe, the Middle East, and West Africa. URC's food-related businesses consist of manufacturing and distribution of branded consumer foods, commodities (mainly sugar and flour), milling of hogs and animal feed, and related products. URC's main regional brands are Jack 'n Jill, for snack foods; C2, for ready-to-drink tea; and Great Taste, for coffee. Its segment comprises Branded Consumer Food, Agro-Industrial Products and Commodity Food Products, and corporate Business.

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