McKesson Europe AG (HAM:CLS1) Gross Margin % : 8.68% (As of Mar. 2022)

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What is McKesson Europe AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. McKesson Europe AG's Gross Profit for the six months ended in Mar. 2022 was €804 Mil. McKesson Europe AG's Revenue for the six months ended in Mar. 2022 was €9,257 Mil. Therefore, McKesson Europe AG's Gross Margin % for the quarter that ended in Mar. 2022 was 8.68%.

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

HAM:CLS1's Gross Margin % is not ranked ^*
in the Medical Distribution industry.
Industry Median: 16.27
* Ranked among companies with meaningful Gross Margin % only.

McKesson Europe AG had a gross margin of 8.68% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for McKesson Europe AG was 0.00% per year.

McKesson Europe AG Gross Margin % Historical Data

The historical data trend for McKesson Europe 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.

McKesson Europe AG Gross Margin % Chart

McKesson Europe AG Annual Data

Trend

Dec12

Dec13

Dec14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Gross Margin %

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10.08

11.34

10.97

8.86

8.68

McKesson Europe AG Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22
Gross Margin %	Get a 7-Day Free Trial															10.08	11.34	10.97	8.86	8.68

Competitive Comparison of McKesson Europe AG's Gross Margin %

For the Medical Distribution subindustry, McKesson Europe 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.

McKesson Europe AG's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, McKesson Europe AG's Gross Margin % distribution charts can be found below:

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

McKesson Europe AG Gross Margin % Calculation

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

McKesson Europe AG's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )	=	Gross Profit (A: Mar. 2022 )	/	Revenue (A: Mar. 2022 )
	=	803.8	/	9257.1
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9257.1 - 8453.3)	/	9257.1
	=	8.68 %

McKesson Europe AG's Gross Margin for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )	=	Gross Profit (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	803.8	/	9257.1
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9257.1 - 8453.3)	/	9257.1
	=	8.68 %

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.

McKesson Europe AG (HAM:CLS1) 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

McKesson Europe AG had a gross margin of 8.68% for the quarter that ended in Mar. 2022 => No sustainable 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.

McKesson Europe AG Gross Margin % Related Terms

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McKesson Europe AG (HAM:CLS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » McKesson Europe AG (HAM:CLS1) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stockholmer Platz 1, Stuttgart, BW, DEU, 70137

Website

https://www.mckesson.eu

McKesson Europe AG is a medical care company that provides logistics and services to the pharmaceutical and healthcare sectors. The company operates two distinct segments: Pharmaceutical Distribution and Retail Pharmacy. The Pharmaceutical Distribution business sells wholesale pharmaceutical products and generates the majority of the company's revenue. The Retail Pharmacy segment operates its own pharmacies in addition to franchise pharmacies that provide prescriptions and over-the-counter pharmaceutical products. Geographically, the company's revenue derives predominantly from the United Kingdom, France, Germany, and other countries.

McKesson Europe AG (HAM:CLS1) Headlines

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