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Ackermans & Van Haaren NV (XBRU:ACKB) Gross Margin % : 33.87% (As of Dec. 2023)


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What is Ackermans & Van Haaren NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ackermans & Van Haaren NV's Gross Profit for the six months ended in Dec. 2023 was €946 Mil. Ackermans & Van Haaren NV's Revenue for the six months ended in Dec. 2023 was €2,794 Mil. Therefore, Ackermans & Van Haaren NV's Gross Margin % for the quarter that ended in Dec. 2023 was 33.87%.

Warning Sign:

Ackermans & Van Haaren NV gross margin has been in long-term decline. The average rate of decline per year is -8%.


The historical rank and industry rank for Ackermans & Van Haaren NV's Gross Margin % or its related term are showing as below:

XBRU:ACKB' s Gross Margin % Range Over the Past 10 Years
Min: 34.3   Med: 47.94   Max: 51.44
Current: 34.3


During the past 13 years, the highest Gross Margin % of Ackermans & Van Haaren NV was 51.44%. The lowest was 34.30%. And the median was 47.94%.

XBRU:ACKB's Gross Margin % is ranked better than
77.45% of 1610 companies
in the Construction industry
Industry Median: 19.125 vs XBRU:ACKB: 34.30

Ackermans & Van Haaren NV had a gross margin of 33.87% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ackermans & Van Haaren NV was -8.00% per year.


Ackermans & Van Haaren NV Gross Margin % Historical Data

The historical data trend for Ackermans & Van Haaren NV'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.

Ackermans & Van Haaren NV Gross Margin % Chart

Ackermans & Van Haaren NV 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 47.82 48.05 37.47 34.81 34.30

Ackermans & Van Haaren NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 36.56 33.76 35.81 34.79 33.87

Competitive Comparison of Ackermans & Van Haaren NV's Gross Margin %

For the Engineering & Construction subindustry, Ackermans & Van Haaren NV'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.


Ackermans & Van Haaren NV's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ackermans & Van Haaren NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ackermans & Van Haaren NV's Gross Margin % falls into.



Ackermans & Van Haaren NV Gross Margin % Calculation

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

Ackermans & Van Haaren NV'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 )
=1790.9 / 5221.554
=(Revenue - Cost of Goods Sold) / Revenue
=(5221.554 - 3430.645) / 5221.554
=34.30 %

Ackermans & Van Haaren NV'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 )
=946.3 / 2793.778
=(Revenue - Cost of Goods Sold) / Revenue
=(2793.778 - 1847.429) / 2793.778
=33.87 %

* 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.


Ackermans & Van Haaren NV  (XBRU:ACKB) 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

Ackermans & Van Haaren NV had a gross margin of 33.87% 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.


Ackermans & Van Haaren NV Gross Margin % Related Terms

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Ackermans & Van Haaren NV (XBRU:ACKB) Business Description

Traded in Other Exchanges
Address
Begijnenvest 113, Antwerp, BEL, 2000
Ackermans & Van Haaren NV is a global investment company with five core business segments, including Marine Engineering and Contracting, Private Banking, Real Estate and Senior Care, Energy and resources, and AvH and Growth Capital. The company has a long-term, activist orientation focused on making investments in growth companies with international exposure. A plurality of its net profit mix is derived from its Marine Engineering & Contracting segment, followed closely by its Private Banking & real estate and senior care division.

Ackermans & Van Haaren NV (XBRU:ACKB) Headlines

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