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Grendene (BSP:GRND3) Net Margin % : 21.49% (As of Mar. 2025)


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What is Grendene Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grendene's Net Income for the three months ended in Mar. 2025 was R$113 Mil. Grendene's Revenue for the three months ended in Mar. 2025 was R$527 Mil. Therefore, Grendene's net margin for the quarter that ended in Mar. 2025 was 21.49%.

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

BSP:GRND3' s Net Margin % Range Over the Past 10 Years
Min: 21.36   Med: 25.38   Max: 39.56
Current: 29.35


BSP:GRND3's Net Margin % is ranked better than
96.05% of 1038 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.735 vs BSP:GRND3: 29.35

Grendene Net Margin % Historical Data

The historical data trend for Grendene'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.

Grendene Net Margin % Chart

Grendene Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.36 25.66 24.31 24.96 30.30

Grendene Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 27.97 8.67 29.82 50.23 21.49

Competitive Comparison of Grendene's Net Margin %

For the Footwear & Accessories subindustry, Grendene'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.


Grendene's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grendene's Net Margin % distribution charts can be found below:

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


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Grendene 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.

Grendene's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=735.236/2426.91
=30.30 %

Grendene's Net Margin for the quarter that ended in Mar. 2025 is calculated as

Net Margin=Net Income (Q: Mar. 2025 )/Revenue (Q: Mar. 2025 )
=113.364/527.452
=21.49 %

* 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.


Grendene  (BSP:GRND3) 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.


Grendene Net Margin % Related Terms

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Grendene Business Description

Traded in Other Exchanges
N/A
Address
Avenue Pimentel Gomes 214, Sobral, CE, BRA, 62040-125
Grendene SA is engaged in the development, production, distribution, and sale of plastic footwear for all the socio-economic classes, in the women's, men's, and children's market segments. It also has its stores, franchises, and web commerce channels, operating under the brands Melissa, Grendha, Zaxy, Rider, Cartago, Grendene Kids, and Ipanema. It also owns the brands Pega Forte and Nuar. Geographically the company operates in Brazil, North America, Asia and Oceania, Europe, Central, and South America, and the Middle East and Africa, out of which a majority of its revenue comes from Brazil.

Grendene Headlines

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