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Leifheit AG (XTER:LEI) Gross Margin % : 44.67% (As of Mar. 2024)


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What is Leifheit AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Leifheit AG's Gross Profit for the three months ended in Mar. 2024 was €29.4 Mil. Leifheit AG's Revenue for the three months ended in Mar. 2024 was €65.9 Mil. Therefore, Leifheit AG's Gross Margin % for the quarter that ended in Mar. 2024 was 44.67%.

Warning Sign:

Leifheit AG gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

XTER:LEI' s Gross Margin % Range Over the Past 10 Years
Min: 38.66   Med: 44.33   Max: 47.69
Current: 43.17


During the past 13 years, the highest Gross Margin % of Leifheit AG was 47.69%. The lowest was 38.66%. And the median was 44.33%.

XTER:LEI's Gross Margin % is ranked better than
80.07% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 25.21 vs XTER:LEI: 43.17

Leifheit AG had a gross margin of 44.67% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Leifheit AG was -1.60% per year.


Leifheit AG Gross Margin % Historical Data

The historical data trend for Leifheit 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.

Leifheit AG Gross Margin % Chart

Leifheit 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 43.14 45.05 42.32 38.66 42.06

Leifheit 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 40.49 41.30 42.57 44.30 44.67

Competitive Comparison of Leifheit AG's Gross Margin %

For the Household & Personal Products subindustry, Leifheit 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.


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

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

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



Leifheit AG Gross Margin % Calculation

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

Leifheit 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 )
=108.6 / 258.288
=(Revenue - Cost of Goods Sold) / Revenue
=(258.288 - 149.645) / 258.288
=42.06 %

Leifheit 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 )
=29.4 / 65.928
=(Revenue - Cost of Goods Sold) / Revenue
=(65.928 - 36.48) / 65.928
=44.67 %

* 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.


Leifheit AG  (XTER:LEI) 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

Leifheit AG had a gross margin of 44.67% 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.


Leifheit AG Gross Margin % Related Terms

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


Leifheit AG (XTER:LEI) Business Description

Traded in Other Exchanges
Address
Leifheitstrasse 1, PO Box 11 65, Lahn, Nassau, DEU, 56377
Leifheit AG is a brand supplier of household items. It divides its operating business into the Household, well-being, and Private Label segments. Leifheit and Soehnle products, two of Germany's household brands, are known for quality and utility for consumers. Its French subsidiaries Birambeau and Herby are active in the service-oriented Private Label segment with a selected product range. In each segment, the company focuses on its core product categories of cleaning, laundry care, kitchen goods, and well-being. Its key markets are Germany and Central Europe. It recognizes revenue from the sale of products.
Executives
Dr. Claus-o. Zacharias Supervisory Board
Marco Keul Board of Directors
Igor Iraeta Munduate Board of Directors

Leifheit AG (XTER:LEI) Headlines

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