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Bayerische Motoren Werke AG (XTER:BMW) Gross Margin % : 18.30% (As of Dec. 2023)


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What is Bayerische Motoren Werke AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bayerische Motoren Werke AG's Gross Profit for the three months ended in Dec. 2023 was €7,864 Mil. Bayerische Motoren Werke AG's Revenue for the three months ended in Dec. 2023 was €42,968 Mil. Therefore, Bayerische Motoren Werke AG's Gross Margin % for the quarter that ended in Dec. 2023 was 18.30%.


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

XTER:BMW' s Gross Margin % Range Over the Past 10 Years
Min: 13.72   Med: 19.38   Max: 21.15
Current: 19.09


During the past 13 years, the highest Gross Margin % of Bayerische Motoren Werke AG was 21.15%. The lowest was 13.72%. And the median was 19.38%.

XTER:BMW's Gross Margin % is ranked worse than
50.83% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs XTER:BMW: 19.09

Bayerische Motoren Werke AG had a gross margin of 18.30% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bayerische Motoren Werke AG was 1.10% per year.


Bayerische Motoren Werke AG Gross Margin % Historical Data

The historical data trend for Bayerische Motoren Werke 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.

Bayerische Motoren Werke AG Gross Margin % Chart

Bayerische Motoren Werke 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 17.33 13.72 19.76 17.23 19.09

Bayerische Motoren Werke 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 17.27 21.09 19.16 18.00 18.30

Competitive Comparison of Bayerische Motoren Werke AG's Gross Margin %

For the Auto Manufacturers subindustry, Bayerische Motoren Werke 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.


Bayerische Motoren Werke AG's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bayerische Motoren Werke AG's Gross Margin % distribution charts can be found below:

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



Bayerische Motoren Werke AG Gross Margin % Calculation

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

Bayerische Motoren Werke 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 )
=29689 / 155498
=(Revenue - Cost of Goods Sold) / Revenue
=(155498 - 125809) / 155498
=19.09 %

Bayerische Motoren Werke 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 )
=7864 / 42968
=(Revenue - Cost of Goods Sold) / Revenue
=(42968 - 35104) / 42968
=18.30 %

* 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.


Bayerische Motoren Werke AG  (XTER:BMW) 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

Bayerische Motoren Werke AG had a gross margin of 18.30% for the quarter that ended in Dec. 2023 => No sustainable 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.


Bayerische Motoren Werke AG Gross Margin % Related Terms

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


Bayerische Motoren Werke AG (XTER:BMW) Business Description

Address
Petuelring 130, Munich, BY, DEU, 80809
In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.

Bayerische Motoren Werke AG (XTER:BMW) Headlines

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