Turbon AG (FRA:TUR) Gross Margin % : 24.96% (As of Dec. 2023)

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What is Turbon AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Turbon AG's Gross Profit for the six months ended in Dec. 2023 was €6.95 Mil. Turbon AG's Revenue for the six months ended in Dec. 2023 was €27.85 Mil. Therefore, Turbon AG's Gross Margin % for the quarter that ended in Dec. 2023 was 24.96%.

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

FRA:TUR' s Gross Margin % Range Over the Past 10 Years
Min: 18.36 Med: 24.33 Max: 25.7
Current: 24.64

During the past 13 years, the highest Gross Margin % of Turbon AG was 25.70%. The lowest was 18.36%. And the median was 24.33%.

FRA:TUR's Gross Margin % is ranked better than
50.43% of 2439 companies
in the Hardware industry
Industry Median: 24.38 vs FRA:TUR: 24.64

Turbon AG had a gross margin of 24.96% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Turbon AG was 7.50% per year.

Turbon AG Gross Margin % Historical Data

The historical data trend for Turbon 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.

Turbon AG Gross Margin % Chart

Turbon AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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18.90

18.91

24.01

24.79

24.64

Turbon AG Semi-Annual 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															25.72	26.59	22.93	24.34	24.96

Competitive Comparison of Turbon AG's Gross Margin %

For the Computer Hardware subindustry, Turbon 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.

Turbon AG's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Turbon AG's Gross Margin % distribution charts can be found below:

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

Turbon AG Gross Margin % Calculation

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

Turbon 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 )
	=	14.2	/	57.548
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(57.548 - 43.368)	/	57.548
	=	24.64 %

Turbon 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 )
	=	7	/	27.848
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(27.848 - 20.896)	/	27.848
	=	24.96 %

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.

Turbon AG (FRA:TUR) 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

Turbon AG had a gross margin of 24.96% for the quarter that ended in Dec. 2023 => 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.

Turbon AG Gross Margin % Related Terms

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