GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikron Holding AG (CHIX:MIKNz) » Definitions » Gross Margin %

Mikron Holding AG (CHIX:MIKNZ) Gross Margin % : 64.80% (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Mikron Holding AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mikron Holding AG's Gross Profit for the three months ended in Dec. 2023 was CHF124.4 Mil. Mikron Holding AG's Revenue for the three months ended in Dec. 2023 was CHF191.9 Mil. Therefore, Mikron Holding AG's Gross Margin % for the quarter that ended in Dec. 2023 was 64.80%.


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

CHIX:MIKNz' s Gross Margin % Range Over the Past 10 Years
Min: 58.08   Med: 64.12   Max: 66.84
Current: 64.38


During the past 13 years, the highest Gross Margin % of Mikron Holding AG was 66.84%. The lowest was 58.08%. And the median was 64.12%.

CHIX:MIKNz's Gross Margin % is ranked better than
97.48% of 2932 companies
in the Industrial Products industry
Industry Median: 26.35 vs CHIX:MIKNz: 64.38

Mikron Holding AG had a gross margin of 64.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mikron Holding AG was 0.90% per year.


Mikron Holding AG Gross Margin % Historical Data

The historical data trend for Mikron Holding 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.

Mikron Holding AG Gross Margin % Chart

Mikron Holding 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 63.89 62.32 66.84 66.18 64.38

Mikron Holding AG Quarterly Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 67.08 68.89 63.76 63.93 64.80

Competitive Comparison of Mikron Holding AG's Gross Margin %

For the Specialty Industrial Machinery subindustry, Mikron Holding 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.


Mikron Holding AG's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikron Holding AG's Gross Margin % distribution charts can be found below:

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



Mikron Holding AG Gross Margin % Calculation

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

Mikron Holding 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 )
=238.4 / 370.241
=(Revenue - Cost of Goods Sold) / Revenue
=(370.241 - 131.878) / 370.241
=64.38 %

Mikron Holding 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 )
=124.4 / 191.943
=(Revenue - Cost of Goods Sold) / Revenue
=(191.943 - 67.573) / 191.943
=64.80 %

* 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.


Mikron Holding AG  (CHIX:MIKNz) 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

Mikron Holding AG had a gross margin of 64.80% 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.


Mikron Holding AG Gross Margin % Related Terms

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


Mikron Holding AG (CHIX:MIKNZ) Business Description

Traded in Other Exchanges
Address
Muhlebrucke 2, Biel, CHE, CH-2502
Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

Mikron Holding AG (CHIX:MIKNZ) Headlines

No Headlines