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Dr. Ing. h.c. F. Porsche AG (XTER:P911) Gross Margin % : 25.71% (As of Mar. 2024)


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What is Dr. Ing. h.c. F. Porsche AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dr. Ing. h.c. F. Porsche AG's Gross Profit for the three months ended in Mar. 2024 was €2,317 Mil. Dr. Ing. h.c. F. Porsche AG's Revenue for the three months ended in Mar. 2024 was €9,011 Mil. Therefore, Dr. Ing. h.c. F. Porsche AG's Gross Margin % for the quarter that ended in Mar. 2024 was 25.71%.


The historical rank and industry rank for Dr. Ing. h.c. F. Porsche AG's Gross Margin % or its related term are showing as below:

XTER:P911' s Gross Margin % Range Over the Past 10 Years
Min: 25.46   Med: 27.24   Max: 28.64
Current: 28.16


During the past 6 years, the highest Gross Margin % of Dr. Ing. h.c. F. Porsche AG was 28.64%. The lowest was 25.46%. And the median was 27.24%.

XTER:P911's Gross Margin % is ranked better than
71.79% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 19.77 vs XTER:P911: 28.16

Dr. Ing. h.c. F. Porsche AG had a gross margin of 25.71% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dr. Ing. h.c. F. Porsche AG was 1.30% per year.


Dr. Ing. h.c. F. Porsche AG Gross Margin % Historical Data

The historical data trend for Dr. Ing. h.c. F. Porsche 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.

Dr. Ing. h.c. F. Porsche AG Gross Margin % Chart

Dr. Ing. h.c. F. Porsche AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 25.46 26.28 26.73 28.03 28.64

Dr. Ing. h.c. F. Porsche AG Quarterly Data
Dec18 Dec19 Dec20 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 27.90 29.92 27.62 29.02 25.71

Competitive Comparison of Dr. Ing. h.c. F. Porsche AG's Gross Margin %

For the Auto Manufacturers subindustry, Dr. Ing. h.c. F. Porsche 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.


Dr. Ing. h.c. F. Porsche AG's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dr. Ing. h.c. F. Porsche AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dr. Ing. h.c. F. Porsche AG's Gross Margin % falls into.



Dr. Ing. h.c. F. Porsche AG Gross Margin % Calculation

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

Dr. Ing. h.c. F. Porsche 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 )
=11606 / 40529
=(Revenue - Cost of Goods Sold) / Revenue
=(40529 - 28923) / 40529
=28.64 %

Dr. Ing. h.c. F. Porsche 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 )
=2317 / 9011
=(Revenue - Cost of Goods Sold) / Revenue
=(9011 - 6694) / 9011
=25.71 %

* 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.


Dr. Ing. h.c. F. Porsche AG  (XTER:P911) 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

Dr. Ing. h.c. F. Porsche AG had a gross margin of 25.71% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Dr. Ing. h.c. F. Porsche AG Gross Margin % Related Terms

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Dr. Ing. h.c. F. Porsche AG (XTER:P911) Business Description

Address
Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche engineers and manufactures premium and luxury sports cars and sports crossovers. The Porsche brand is synonymous with motorsports, German engineering, and fast, fun to drive, sports cars. The firm also has a captive finance company that provides funding for dealers and customers. In 2022, there were nearly 310,000 Porsche vehicles delivered to customers with about 30% going to China, 30% to Europe, 26% to North America, and 14% to rest of world.
Executives
Dr. Wolfgang Porsche Supervisory Board
Oliver Blume Board of Directors
Lutz Meschke Board of Directors
Barbara Frenkel Board of Directors
Andreas Haffner Board of Directors
Albrecht Reimold Board of Directors
Dr. Michael Steiner Board of Directors

Dr. Ing. h.c. F. Porsche AG (XTER:P911) Headlines

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