DSM Firmenich AG (XAMS:DSFIR) Gross Margin % : 19.54% (As of Dec. 2023)

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What is DSM Firmenich AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. DSM Firmenich AG's Gross Profit for the six months ended in Dec. 2023 was €1,203 Mil. DSM Firmenich AG's Revenue for the six months ended in Dec. 2023 was €6,157 Mil. Therefore, DSM Firmenich AG's Gross Margin % for the quarter that ended in Dec. 2023 was 19.54%.

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

XAMS:DSFIR' s Gross Margin % Range Over the Past 10 Years
Min: 24.57 Med: 32.06 Max: 36.59
Current: 24.57

During the past 3 years, the highest Gross Margin % of DSM Firmenich AG was 36.59%. The lowest was 24.57%. And the median was 32.06%.

XAMS:DSFIR's Gross Margin % is ranked worse than
51.38% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.085 vs XAMS:DSFIR: 24.57

DSM Firmenich AG had a gross margin of 19.54% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for DSM Firmenich AG was 0.00% per year.

DSM Firmenich AG Gross Margin % Historical Data

The historical data trend for DSM Firmenich 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.

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DSM Firmenich AG Gross Margin % Chart

DSM Firmenich AG Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

36.59

32.06

24.57

DSM Firmenich AG Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	-	34.65	29.57	31.50	19.54

Competitive Comparison of DSM Firmenich AG's Gross Margin %

For the Household & Personal Products subindustry, DSM Firmenich 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.

DSM Firmenich AG's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DSM Firmenich AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where DSM Firmenich AG's Gross Margin % falls into.

DSM Firmenich AG Gross Margin % Calculation

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

DSM Firmenich 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 )
	=	2611	/	10627
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(10627 - 8016)	/	10627
	=	24.57 %

DSM Firmenich 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 )
	=	1203	/	6157
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6157 - 4954)	/	6157
	=	19.54 %

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.

DSM Firmenich AG (XAMS:DSFIR) 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

DSM Firmenich AG had a gross margin of 19.54% 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.

DSM Firmenich AG Gross Margin % Related Terms

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DSM Firmenich AG (XAMS:DSFIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DSM Firmenich AG (XAMS:DSFIR) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

DSFIRa:UK 0AC9:UK ZX6:Germany DSFI:Austria

Address

Wurmisweg 576, Kaiseraugst, CHE, 4303

Website

https://www.dsm-firmenich.com/corporate/home.html

DSM-Firmenich is a global science-based company formed in 2023 through the merger of DSM, a Dutch nutrition, health, and sustainable living player, and Switzerland-based Firmenich, the third-largest player in the flavor and fragrance market. The company serves a wide range of end-consumer markets providing nutrition solutions ranging from animal feed to medical and early-life nutrition, fragrances for personal-, home-, and laundry-care brands, prestige perfumes, and other ingredients for food and beverage, home, and personal care. DSM-Firmenich has nearly 30,000 employees, with more than 2,000 scientists and engineers spread across 15 research and development facilities.

DSM Firmenich AG (XAMS:DSFIR) Headlines

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