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Mayr-Melnhof Karton AG (WBO:MMK) Gross Margin % : 45.10% (As of Mar. 2024)


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What is Mayr-Melnhof Karton AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mayr-Melnhof Karton AG's Gross Profit for the three months ended in Mar. 2024 was €462 Mil. Mayr-Melnhof Karton AG's Revenue for the three months ended in Mar. 2024 was €1,025 Mil. Therefore, Mayr-Melnhof Karton AG's Gross Margin % for the quarter that ended in Mar. 2024 was 45.10%.


The historical rank and industry rank for Mayr-Melnhof Karton AG's Gross Margin % or its related term are showing as below:

WBO:MMK' s Gross Margin % Range Over the Past 10 Years
Min: 21.38   Med: 23.33   Max: 45.09
Current: 45.09


During the past 13 years, the highest Gross Margin % of Mayr-Melnhof Karton AG was 45.09%. The lowest was 21.38%. And the median was 23.33%.

WBO:MMK's Gross Margin % is ranked better than
91.13% of 372 companies
in the Packaging & Containers industry
Industry Median: 21.63 vs WBO:MMK: 45.09

Mayr-Melnhof Karton AG had a gross margin of 45.10% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mayr-Melnhof Karton AG was 14.70% per year.


Mayr-Melnhof Karton AG Gross Margin % Historical Data

The historical data trend for Mayr-Melnhof Karton 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.

Mayr-Melnhof Karton AG Gross Margin % Chart

Mayr-Melnhof Karton 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 24.64 25.46 21.38 43.87 44.79

Mayr-Melnhof Karton AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 44.37 44.51 45.67 45.09 45.10

Competitive Comparison of Mayr-Melnhof Karton AG's Gross Margin %

For the Packaging & Containers subindustry, Mayr-Melnhof Karton 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.


Mayr-Melnhof Karton AG's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mayr-Melnhof Karton AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mayr-Melnhof Karton AG's Gross Margin % falls into.



Mayr-Melnhof Karton AG Gross Margin % Calculation

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

Mayr-Melnhof Karton 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 )
=1865.4 / 4164.403
=(Revenue - Cost of Goods Sold) / Revenue
=(4164.403 - 2298.973) / 4164.403
=44.79 %

Mayr-Melnhof Karton AG's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=462.2 / 1025.028
=(Revenue - Cost of Goods Sold) / Revenue
=(1025.028 - 562.781) / 1025.028
=45.10 %

* 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.


Mayr-Melnhof Karton AG  (WBO:MMK) 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

Mayr-Melnhof Karton AG had a gross margin of 45.10% for the quarter that ended in Mar. 2024 => Durable 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.


Mayr-Melnhof Karton AG Gross Margin % Related Terms

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Mayr-Melnhof Karton AG (WBO:MMK) Business Description

Traded in Other Exchanges
Address
Brahmsplatz 6, Vienna, AUT, A-1040
Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.
Executives
Dr. Nikolaus Ankershofen Supervisory Board
Mmag. Peter Oswald Board of Directors
Univ.-prof. Dr. Klaus Rabel Supervisory Board

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