Dentalcorp Holdings (TSX:DNTL) Gross Margin % : 48.70% (As of Dec. 2023)

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What is Dentalcorp Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dentalcorp Holdings's Gross Profit for the three months ended in Dec. 2023 was C$176 Mil. Dentalcorp Holdings's Revenue for the three months ended in Dec. 2023 was C$362 Mil. Therefore, Dentalcorp Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 48.70%.

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

TSX:DNTL' s Gross Margin % Range Over the Past 10 Years
Min: 48.06 Med: 48.87 Max: 50.22
Current: 48.87

During the past 5 years, the highest Gross Margin % of Dentalcorp Holdings was 50.22%. The lowest was 48.06%. And the median was 48.87%.

TSX:DNTL's Gross Margin % is ranked better than
60.63% of 607 companies
in the Healthcare Providers & Services industry
Industry Median: 41.24 vs TSX:DNTL: 48.87

Dentalcorp Holdings had a gross margin of 48.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dentalcorp Holdings was 0.00% per year.

Dentalcorp Holdings Gross Margin % Historical Data

The historical data trend for Dentalcorp Holdings'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.

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Dentalcorp Holdings Gross Margin % Chart

Dentalcorp Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

50.22

48.27

48.06

48.94

48.87

Dentalcorp Holdings Quarterly Data
	Apr18	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													48.16	49.96	47.57	49.33	48.70

Competitive Comparison of Dentalcorp Holdings's Gross Margin %

For the Medical Care Facilities subindustry, Dentalcorp Holdings'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.

Dentalcorp Holdings's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dentalcorp Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dentalcorp Holdings's Gross Margin % falls into.

Dentalcorp Holdings Gross Margin % Calculation

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

Dentalcorp Holdings'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 )
	=	696.8	/	1425.7
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1425.7 - 728.9)	/	1425.7
	=	48.87 %

Dentalcorp Holdings'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 )
	=	176.4	/	362.2
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(362.2 - 185.8)	/	362.2
	=	48.70 %

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.

Dentalcorp Holdings (TSX:DNTL) 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

Dentalcorp Holdings had a gross margin of 48.70% for the quarter that ended in Dec. 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.

Dentalcorp Holdings Gross Margin % Related Terms

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Dentalcorp Holdings (TSX:DNTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dentalcorp Holdings Ltd (TSX:DNTL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

DNTCF:USA

Address

181 Bay Street, Suite 2600, Toronto, ON, CAN, M5J 2T3

Website

https://www.dentalcorp.ca

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.

Dentalcorp Holdings (TSX:DNTL) Headlines

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