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Lindab International AB (OSTO:LIAB) Gross Margin % : 27.68% (As of Mar. 2024)


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What is Lindab International AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lindab International AB's Gross Profit for the three months ended in Mar. 2024 was kr871 Mil. Lindab International AB's Revenue for the three months ended in Mar. 2024 was kr3,147 Mil. Therefore, Lindab International AB's Gross Margin % for the quarter that ended in Mar. 2024 was 27.68%.


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

OSTO:LIAB' s Gross Margin % Range Over the Past 10 Years
Min: 26.07   Med: 27.44   Max: 30.56
Current: 27.38


During the past 13 years, the highest Gross Margin % of Lindab International AB was 30.56%. The lowest was 26.07%. And the median was 27.44%.

OSTO:LIAB's Gross Margin % is ranked better than
64.91% of 1613 companies
in the Construction industry
Industry Median: 19.2 vs OSTO:LIAB: 27.38

Lindab International AB had a gross margin of 27.68% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lindab International AB was 0.80% per year.


Lindab International AB Gross Margin % Historical Data

The historical data trend for Lindab International AB'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.

Lindab International AB Gross Margin % Chart

Lindab International AB 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 27.58 29.06 30.56 27.96 27.13

Lindab International AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 26.64 26.89 27.90 27.09 27.68

Competitive Comparison of Lindab International AB's Gross Margin %

For the Building Products & Equipment subindustry, Lindab International AB'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.


Lindab International AB's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lindab International AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lindab International AB's Gross Margin % falls into.



Lindab International AB Gross Margin % Calculation

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

Lindab International AB'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 )
=3558 / 13114
=(Revenue - Cost of Goods Sold) / Revenue
=(13114 - 9556) / 13114
=27.13 %

Lindab International AB's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=871 / 3147
=(Revenue - Cost of Goods Sold) / Revenue
=(3147 - 2276) / 3147
=27.68 %

* 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.


Lindab International AB  (OSTO:LIAB) 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

Lindab International AB had a gross margin of 27.68% for the quarter that ended in Mar. 2024 => 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.


Lindab International AB Gross Margin % Related Terms

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Lindab International AB (OSTO:LIAB) Business Description

Traded in Other Exchanges
Address
Stalhogavagen 115, Bastad, SWE, SE-269 82
Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden.

Lindab International AB (OSTO:LIAB) Headlines

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