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Linz Textil Holding AG (WBO:LTH) Gross Margin % : 37.77% (As of Jun. 2023)


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What is Linz Textil Holding AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Linz Textil Holding AG's Gross Profit for the six months ended in Jun. 2023 was €15.68 Mil. Linz Textil Holding AG's Revenue for the six months ended in Jun. 2023 was €41.51 Mil. Therefore, Linz Textil Holding AG's Gross Margin % for the quarter that ended in Jun. 2023 was 37.77%.


The historical rank and industry rank for Linz Textil Holding AG's Gross Margin % or its related term are showing as below:

WBO:LTH' s Gross Margin % Range Over the Past 10 Years
Min: 37.1   Med: 38.63   Max: 44.8
Current: 37.48


During the past 13 years, the highest Gross Margin % of Linz Textil Holding AG was 44.80%. The lowest was 37.10%. And the median was 38.63%.

WBO:LTH's Gross Margin % is ranked better than
67.25% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.35 vs WBO:LTH: 37.48

Linz Textil Holding AG had a gross margin of 37.77% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Linz Textil Holding AG was 0.90% per year.


Linz Textil Holding AG Gross Margin % Historical Data

The historical data trend for Linz Textil Holding AG'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.

Linz Textil Holding AG Gross Margin % Chart

Linz Textil Holding AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.70 41.90 44.80 43.40 38.55

Linz Textil Holding AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 44.45 42.36 39.83 37.23 37.77

Competitive Comparison of Linz Textil Holding AG's Gross Margin %

For the Textile Manufacturing subindustry, Linz Textil Holding AG'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.


Linz Textil Holding AG's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Linz Textil Holding AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Linz Textil Holding AG's Gross Margin % falls into.



Linz Textil Holding AG Gross Margin % Calculation

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

Linz Textil Holding AG's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=37.8 / 97.973
=(Revenue - Cost of Goods Sold) / Revenue
=(97.973 - 60.205) / 97.973
=38.55 %

Linz Textil Holding AG's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=15.7 / 41.506
=(Revenue - Cost of Goods Sold) / Revenue
=(41.506 - 25.83) / 41.506
=37.77 %

* 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.


Linz Textil Holding AG  (WBO:LTH) 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

Linz Textil Holding AG had a gross margin of 37.77% for the quarter that ended in Jun. 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.


Linz Textil Holding AG Gross Margin % Related Terms

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Linz Textil Holding AG (WBO:LTH) Business Description

Traded in Other Exchanges
N/A
Address
Wiener Strasse 435, Linz, AUT, A-4030
Linz Textil Holding AG is an Austria based company, engages in the manufacture, and sale of textile products. It operates through the Textile Semis and Finished Textile Products business segments. The Textile Semis segment comprises of the yard and grey fabrics. The Finished Textile Products offers yarns, technical fabrics, home textiles, and clothing fabrics. It offers products in the fields of textile, weaving, technical fabrics, and yarns.