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Munters Group AB (OSTO:MTRS) Gross Margin % : 33.72% (As of Mar. 2024)


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What is Munters Group AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Munters Group AB's Gross Profit for the three months ended in Mar. 2024 was kr1,193 Mil. Munters Group AB's Revenue for the three months ended in Mar. 2024 was kr3,538 Mil. Therefore, Munters Group AB's Gross Margin % for the quarter that ended in Mar. 2024 was 33.72%.

Warning Sign:

Munters Group AB gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


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

OSTO:MTRS' s Gross Margin % Range Over the Past 10 Years
Min: 29.06   Med: 32.55   Max: 35.12
Current: 32.52


During the past 10 years, the highest Gross Margin % of Munters Group AB was 35.12%. The lowest was 29.06%. And the median was 32.55%.

OSTO:MTRS's Gross Margin % is ranked better than
66.67% of 2934 companies
in the Industrial Products industry
Industry Median: 26.38 vs OSTO:MTRS: 32.52

Munters Group AB had a gross margin of 33.72% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Munters Group AB was -2.50% per year.


Munters Group AB Gross Margin % Historical Data

The historical data trend for Munters Group 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.

Munters Group AB Gross Margin % Chart

Munters Group 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 32.60 33.50 32.04 29.06 31.74

Munters Group 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 30.46 31.73 32.08 32.55 33.72

Competitive Comparison of Munters Group AB's Gross Margin %

For the Pollution & Treatment Controls subindustry, Munters Group 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.


Munters Group AB's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Munters Group AB's Gross Margin % distribution charts can be found below:

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



Munters Group AB Gross Margin % Calculation

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

Munters Group 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 )
=4422 / 13930
=(Revenue - Cost of Goods Sold) / Revenue
=(13930 - 9508) / 13930
=31.74 %

Munters Group 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 )
=1193 / 3538
=(Revenue - Cost of Goods Sold) / Revenue
=(3538 - 2345) / 3538
=33.72 %

* 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.


Munters Group AB  (OSTO:MTRS) 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

Munters Group AB had a gross margin of 33.72% 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.


Munters Group AB Gross Margin % Related Terms

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Munters Group AB (OSTO:MTRS) Business Description

Traded in Other Exchanges
Address
Box 1188, Kista, SWE, SE-164 40
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions primarily within the food, pharmaceutical and data center sectors. The company operates in two reportable segments that are AirTech and FoodTech. The product portfolio comprises air intakes/air inlets, temperature and humidity control air treatment systems, fans and light filters, heat exchangers, heaters, mist eliminators, pollution control and volatile organic compounds abatement technologies to remove liquid and solvents from the air.

Munters Group AB (OSTO:MTRS) Headlines