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Remy Cointreau (Remy Cointreau) Gross Margin %

: 72.23% (As of Sep. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Remy Cointreau's Gross Profit for the six months ended in Sep. 2023 was $491 Mil. Remy Cointreau's Revenue for the six months ended in Sep. 2023 was $680 Mil. Therefore, Remy Cointreau's Gross Margin % for the quarter that ended in Sep. 2023 was 72.23%.


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

REMYF' s Gross Margin % Range Over the Past 10 Years
Min: 59.93   Med: 66.4   Max: 71.32
Current: 71.32


During the past 13 years, the highest Gross Margin % of Remy Cointreau was 71.32%. The lowest was 59.93%. And the median was 66.40%.

REMYF's Gross Margin % is ranked better than
90.43% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 38.87 vs REMYF: 71.32

Remy Cointreau had a gross margin of 72.23% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Remy Cointreau was 1.60% per year.


Remy Cointreau Gross Margin % Historical Data

The historical data trend for Remy Cointreau'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.

Remy Cointreau Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.13 66.05 67.32 68.63 71.28

Remy Cointreau Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 69.10 68.18 71.93 70.46 72.23

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Remy Cointreau'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.


Remy Cointreau Gross Margin % Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Remy Cointreau's Gross Margin % distribution charts can be found below:

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



Remy Cointreau Gross Margin % Calculation

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

Remy Cointreau's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=1181.8 / 1657.923
=(Revenue - Cost of Goods Sold) / Revenue
=(1657.923 - 476.124) / 1657.923
=71.28 %

Remy Cointreau's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=490.8 / 679.509
=(Revenue - Cost of Goods Sold) / Revenue
=(679.509 - 188.687) / 679.509
=72.23 %

* 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.


Remy Cointreau  (OTCPK:REMYF) 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

Remy Cointreau had a gross margin of 72.23% 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.


Remy Cointreau Gross Margin % Related Terms

Thank you for viewing the detailed overview of Remy Cointreau's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Remy Cointreau (Remy Cointreau) Business Description

Traded in Other Exchanges
Address
Rue Joseph Pataa, Cognac, FRA, 16100
Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (Remy Cointreau) Headlines

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