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Granges AB (OSTO:GRNG) Net Margin % : 4.37% (As of Mar. 2024)


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What is Granges AB Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Granges AB's Net Income for the three months ended in Mar. 2024 was kr237 Mil. Granges AB's Revenue for the three months ended in Mar. 2024 was kr5,428 Mil. Therefore, Granges AB's net margin for the quarter that ended in Mar. 2024 was 4.37%.

The historical rank and industry rank for Granges AB's Net Margin % or its related term are showing as below:

OSTO:GRNG' s Net Margin % Range Over the Past 10 Years
Min: 2.86   Med: 5.17   Max: 6.91
Current: 4.52


OSTO:GRNG's Net Margin % is ranked better than
65.97% of 861 companies
in the Metals & Mining industry
Industry Median: 0.09 vs OSTO:GRNG: 4.52

Granges AB Net Margin % Historical Data

The historical data trend for Granges AB's Net 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.

Granges AB Net Margin % Chart

Granges AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 3.30 3.28 2.86 4.49

Granges AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 4.26 5.26 5.95 2.17 4.37

Competitive Comparison of Granges AB's Net Margin %

For the Aluminum subindustry, Granges AB's Net Margin %, along with its competitors' market caps and Net 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.


Granges AB's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Granges AB's Net Margin % distribution charts can be found below:

* The bar in red indicates where Granges AB's Net Margin % falls into.



Granges AB Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Granges AB's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1010/22519
=4.49 %

Granges AB's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=237/5428
=4.37 %

* 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.


Granges AB  (OSTO:GRNG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Granges AB Net Margin % Related Terms

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Granges AB (OSTO:GRNG) Business Description

Traded in Other Exchanges
Address
Linnegatan 18, Stockholm, SWE, SE 114 47
Granges AB is a Sweden-based supplier of rolled aluminium products for original equipment manufacturers. It produces heat exchanger applications, specialty packaging, and new rolled product niches. It develops, produces, and markets advanced materials that enhance efficiency in the customers' manufacturing process and the performance of the final products. The firm operates in Europe, Asia, and the Americas, with production facilities in all three regions. Granges generate much of its revenue through contracts with customers based on the added value that Granges calculates from material cost and production complexity. In recent years, the company has put an emphasis on horizontal acquisitions exemplified by its 2020 acquisition of Aluminium Konin, strengthening its position in Europe.

Granges AB (OSTO:GRNG) Headlines

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