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Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Gross Margin % : 48.42% (As of Dec. 2023)


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What is Vamos Locacao De Caminhoes Maquinas E Equipamentos Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vamos Locacao De Caminhoes Maquinas E Equipamentos's Gross Profit for the three months ended in Dec. 2023 was R$703 Mil. Vamos Locacao De Caminhoes Maquinas E Equipamentos's Revenue for the three months ended in Dec. 2023 was R$1,453 Mil. Therefore, Vamos Locacao De Caminhoes Maquinas E Equipamentos's Gross Margin % for the quarter that ended in Dec. 2023 was 48.42%.


The historical rank and industry rank for Vamos Locacao De Caminhoes Maquinas E Equipamentos's Gross Margin % or its related term are showing as below:

BSP:VAMO3' s Gross Margin % Range Over the Past 10 Years
Min: 33.47   Med: 35.4   Max: 45.3
Current: 45.3


During the past 6 years, the highest Gross Margin % of Vamos Locacao De Caminhoes Maquinas E Equipamentos was 45.30%. The lowest was 33.47%. And the median was 35.40%.

BSP:VAMO3's Gross Margin % is ranked better than
64.34% of 990 companies
in the Business Services industry
Industry Median: 34.32 vs BSP:VAMO3: 45.30

Vamos Locacao De Caminhoes Maquinas E Equipamentos had a gross margin of 48.42% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vamos Locacao De Caminhoes Maquinas E Equipamentos was 6.60% per year.


Vamos Locacao De Caminhoes Maquinas E Equipamentos Gross Margin % Historical Data

The historical data trend for Vamos Locacao De Caminhoes Maquinas E Equipamentos'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.

Vamos Locacao De Caminhoes Maquinas E Equipamentos Gross Margin % Chart

Vamos Locacao De Caminhoes Maquinas E Equipamentos Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 34.10 34.21 36.59 42.59 45.30

Vamos Locacao De Caminhoes Maquinas E Equipamentos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 44.68 40.79 45.49 47.17 48.42

Competitive Comparison of Vamos Locacao De Caminhoes Maquinas E Equipamentos's Gross Margin %

For the Rental & Leasing Services subindustry, Vamos Locacao De Caminhoes Maquinas E Equipamentos'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.


Vamos Locacao De Caminhoes Maquinas E Equipamentos's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vamos Locacao De Caminhoes Maquinas E Equipamentos's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vamos Locacao De Caminhoes Maquinas E Equipamentos's Gross Margin % falls into.



Vamos Locacao De Caminhoes Maquinas E Equipamentos Gross Margin % Calculation

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

Vamos Locacao De Caminhoes Maquinas E Equipamentos'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 )
=2756.6 / 6085.482
=(Revenue - Cost of Goods Sold) / Revenue
=(6085.482 - 3328.87) / 6085.482
=45.30 %

Vamos Locacao De Caminhoes Maquinas E Equipamentos'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 )
=703.4 / 1452.737
=(Revenue - Cost of Goods Sold) / Revenue
=(1452.737 - 749.369) / 1452.737
=48.42 %

* 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.


Vamos Locacao De Caminhoes Maquinas E Equipamentos  (BSP:VAMO3) 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

Vamos Locacao De Caminhoes Maquinas E Equipamentos had a gross margin of 48.42% for the quarter that ended in Dec. 2023 => 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.


Vamos Locacao De Caminhoes Maquinas E Equipamentos Gross Margin % Related Terms

Thank you for viewing the detailed overview of Vamos Locacao De Caminhoes Maquinas E Equipamentos's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Business Description

Traded in Other Exchanges
N/A
Address
1017, Rua Dr. Renato Paes de Barros, Floor 09, Room 02, Itaim Bibi, São Paulo, SP, BRA, 04530-001
Vamos Locacao De Caminhoes Maquinas E Equipamentos SA is engaged in the lease, sale and resale of trucks, machinery and equipment, fleet management and renders vehicle mechanics, industrialization, customization and body shop services. The company operates in three operating segments which comprise 1)Truck, machinery and equipment dealerships: sale of trucks, machinery and equipment; resale of used trucks, machinery and equipment, parts, machinery and accessories; mechanics auto body repair and paint services; 2) Lease of trucks, machinery and equipment: lease of trucks, machinery and equipment and fleet management; 3) Customization, manufacturing and transformation of trucks.

Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Headlines

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