GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PORR AG (WBO:POS) » Definitions » Gross Margin %

PORR AG (WBO:POS) Gross Margin % : 31.15% (As of Dec. 2023)


View and export this data going back to 1869. Start your Free Trial

What is PORR AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PORR AG's Gross Profit for the three months ended in Dec. 2023 was €495 Mil. PORR AG's Revenue for the three months ended in Dec. 2023 was €1,588 Mil. Therefore, PORR AG's Gross Margin % for the quarter that ended in Dec. 2023 was 31.15%.


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

WBO:POS' s Gross Margin % Range Over the Past 10 Years
Min: 30.28   Med: 32.66   Max: 34.38
Current: 31.8


During the past 13 years, the highest Gross Margin % of PORR AG was 34.38%. The lowest was 30.28%. And the median was 32.66%.

WBO:POS's Gross Margin % is ranked better than
73.34% of 1609 companies
in the Construction industry
Industry Median: 19.08 vs WBO:POS: 31.80

PORR AG had a gross margin of 31.15% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PORR AG was 0.20% per year.


PORR AG Gross Margin % Historical Data

The historical data trend for PORR 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.

PORR AG Gross Margin % Chart

PORR AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.61 33.06 33.39 30.80 31.61

PORR AG 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 29.99 32.49 32.11 31.58 31.15

Competitive Comparison of PORR AG's Gross Margin %

For the Engineering & Construction subindustry, PORR 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.


PORR AG's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, PORR AG's Gross Margin % distribution charts can be found below:

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



PORR AG Gross Margin % Calculation

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

PORR AG'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 )
=1911.7 / 6048.546
=(Revenue - Cost of Goods Sold) / Revenue
=(6048.546 - 4136.81) / 6048.546
=31.61 %

PORR AG'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 )
=494.7 / 1588.436
=(Revenue - Cost of Goods Sold) / Revenue
=(1588.436 - 1093.687) / 1588.436
=31.15 %

* 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.


PORR AG  (WBO:POS) 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

PORR AG had a gross margin of 31.15% 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.


PORR AG Gross Margin % Related Terms

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


PORR AG (WBO:POS) Business Description

Traded in Other Exchanges
Address
Absberggasse 47, Vienna, AUT, 1100
PORR AG is an Austria-based construction company engaged in realizing complex building construction and civil engineering projects and focuses on its seven European home markets of Austria, Germany, Switzerland, Poland, the Czech Republic, Slovakia, and Romania. It operates in five segments; The segment ATCH includes country responsibility for Austria and Switzerland, The segment DE includes activities in German building and infrastructure construction and equity interests, The segment PL includes all country responsibility for Poland, The segment CEE includes activities in Czech Republic, Slovakia, and Romania, including equity interests, and The segment Infrastructure International includes international expertise in tunneling, railway construction, and specialist civil engineering.

PORR AG (WBO:POS) Headlines

No Headlines