Italian Sea Group (MIL:TISG) Gross Margin % : 37.45% (As of Dec. 2023)

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What is Italian Sea Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Italian Sea Group's Gross Profit for the six months ended in Dec. 2023 was €70.5 Mil. Italian Sea Group's Revenue for the six months ended in Dec. 2023 was €188.3 Mil. Therefore, Italian Sea Group's Gross Margin % for the quarter that ended in Dec. 2023 was 37.45%.

Warning Sign:

Italian Sea Group gross margin has been in long-term decline. The average rate of decline per year is -1.4%.

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

MIL:TISG' s Gross Margin % Range Over the Past 10 Years
Min: 34.2 Med: 36.37 Max: 42.41
Current: 36.92

During the past 6 years, the highest Gross Margin % of Italian Sea Group was 42.41%. The lowest was 34.20%. And the median was 36.37%.

MIL:TISG's Gross Margin % is ranked worse than
60.62% of 772 companies
in the Travel & Leisure industry
Industry Median: 43.215 vs MIL:TISG: 36.92

Italian Sea Group had a gross margin of 37.45% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Italian Sea Group was -1.40% per year.

Italian Sea Group Gross Margin % Historical Data

The historical data trend for Italian Sea Group'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.

Italian Sea Group Gross Margin % Chart

Italian Sea Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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34.73

34.20

36.58

36.16

36.92

Italian Sea Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial					38.58	35.57	36.64	36.34	37.45

Competitive Comparison of Italian Sea Group's Gross Margin %

For the Leisure subindustry, Italian Sea Group'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.

Italian Sea Group's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Italian Sea Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Italian Sea Group's Gross Margin % falls into.

Italian Sea Group Gross Margin % Calculation

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

Italian Sea Group'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 )
	=	133	/	360.258
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(360.258 - 227.248)	/	360.258
	=	36.92 %

Italian Sea Group'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 )
	=	70.5	/	188.264
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(188.264 - 117.763)	/	188.264
	=	37.45 %

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.

Italian Sea Group (MIL:TISG) 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

Italian Sea Group had a gross margin of 37.45% 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.

Italian Sea Group Gross Margin % Related Terms

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Italian Sea Group (MIL:TISG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Italian Sea Group (MIL:TISG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

6QN:Germany

Address

Viale Cristoforo Colombo, 4Bis, Marina di Carrara, ITA, 54033

Website

https://www.theitalianseagroup.com

Italian Sea Group is engaged in designing, manufacturing, and sales of custom-made luxury superyachts. The yachts offered by the company include Quinta Essentia, Entourage, Planet Nine, and Tremenda among others.

Italian Sea Group (MIL:TISG) Headlines

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