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Brenntag SE (XTER:BNR) Gross Margin % : 24.33% (As of Dec. 2023)


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What is Brenntag SE Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Brenntag SE's Gross Profit for the three months ended in Dec. 2023 was €959 Mil. Brenntag SE's Revenue for the three months ended in Dec. 2023 was €3,943 Mil. Therefore, Brenntag SE's Gross Margin % for the quarter that ended in Dec. 2023 was 24.33%.


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

XTER:BNR' s Gross Margin % Range Over the Past 10 Years
Min: 20.24   Med: 22.07   Max: 24.33
Current: 23.91


During the past 13 years, the highest Gross Margin % of Brenntag SE was 24.33%. The lowest was 20.24%. And the median was 22.07%.

XTER:BNR's Gross Margin % is ranked better than
54.57% of 1510 companies
in the Chemicals industry
Industry Median: 22.31 vs XTER:BNR: 23.91

Brenntag SE had a gross margin of 24.33% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Brenntag SE was 2.40% per year.


Brenntag SE Gross Margin % Historical Data

The historical data trend for Brenntag SE'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.

Brenntag SE Gross Margin % Chart

Brenntag SE 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 21.39 24.33 23.49 22.23 23.91

Brenntag SE 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 21.76 23.10 23.98 24.32 24.33

Competitive Comparison of Brenntag SE's Gross Margin %

For the Specialty Chemicals subindustry, Brenntag SE'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.


Brenntag SE's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Brenntag SE's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Brenntag SE's Gross Margin % falls into.



Brenntag SE Gross Margin % Calculation

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

Brenntag SE'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 )
=4020.1 / 16815.1
=(Revenue - Cost of Goods Sold) / Revenue
=(16815.1 - 12795) / 16815.1
=23.91 %

Brenntag SE'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 )
=959.3 / 3943.1
=(Revenue - Cost of Goods Sold) / Revenue
=(3943.1 - 2983.8) / 3943.1
=24.33 %

* 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.


Brenntag SE  (XTER:BNR) 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

Brenntag SE had a gross margin of 24.33% 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.


Brenntag SE Gross Margin % Related Terms

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


Brenntag SE (XTER:BNR) Business Description

Traded in Other Exchanges
Address
Messeallee 11, Essen, NW, DEU, 45131
Brenntag SE manufactures, distributes, and sells chemicals and chemical-based products in three categories: life science, material science, and environmental. Life science chemicals are used to produce cosmetics, food, animal nutrition, and pharmaceuticals. The material science chemicals are used to produce soaps and detergents, coatings, and paints as well as the extraction of oil and gas. Environmental chemicals are used in the water treatment process. The company organizes itself into four segments based on geography: North America; Latin America; Europe, Middle East, and Africa; and Asia-Pacific. More revenue comes from EMEA than any other segment.
Executives
Michael Friede Board of Directors
Ulrich Harnacke Supervisory Board
Stefanie Berlinger Supervisory Board
Ewout Van Jarwaarde Board of Directors
Dr. Kristin Neumann Board of Directors
Richard Ridinger Supervisory Board
Doreen Nowotne Supervisory Board
Dr. Andreas Rittstieg Supervisory Board