Gross Margin % is calculated as gross profit divided by its revenue. Rubis SCA's Gross Profit for the
six
months ended in Dec. 2023 was $797 Mil. Rubis SCA's Revenue for the
six
months ended in Dec. 2023 was $3,605 Mil. Therefore, Rubis SCA's Gross Margin % for the quarter that ended in Dec. 2023 was 22.11%.
Warning Sign:
Rubis SCA gross margin has been in long-term decline. The average rate of decline per year is -3%.
The historical rank and industry rank for Rubis SCA's Gross Margin % or its related term are showing as below:
RUBSF'
s Gross Margin % Range Over the Past 10 Years
Min: 17.89 Med: 24.41 Max: 28.6
Current: 22.54
During the past 13 years, the highestGross Margin % of Rubis SCA was 28.60%. The lowest was 17.89%. And the median was 24.41%.
RUBSF's Gross Margin % is ranked worse than 56.91% of 926
companies
in the Oil & Gas industry
Industry Median: 27.845
vs RUBSF: 22.54
Rubis SCA had a gross margin of 22.11% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Rubis SCA was -3.00% per year.
Rubis SCA Gross Margin % Historical Data
The historical data trend for Rubis SCA'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 Rubis SCA's Gross Margin %
For the Oil & Gas Refining & Marketing subindustry, Rubis SCA'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.
Rubis SCA's Gross Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Rubis SCA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Rubis SCA'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
Rubis SCA had a gross margin of 22.11% 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.
Rubis SCA Gross Margin % Related Terms
Thank you for viewing the detailed overview of Rubis SCA's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rubis SCA specializes in bulk liquid storage and the distribution of petroleum products. The company operated businesses are, Rubis Terminal, Rubis Energie, and Rubis Support and Services. Rubis Terminal stores and trades petroleum products, fertilizers, chemical products and agrifood product. Its customers include energy and chemical groups, energy traders, and hypermarkets. Rubis Energie engages in the trading and distribution of liquefied petroleum gas (LPG) and petroleum products. The company derives a majority of its total revenue from the activities of Rubis Energie segment. Geographically, the group operates in Europe, the Caribbean and Africa.
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