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International Container Terminal Services (PHS:ICT) Gross Margin % : 58.54% (As of Mar. 2024)


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What is International Container Terminal Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. International Container Terminal Services's Gross Profit for the three months ended in Mar. 2024 was ₱21,950 Mil. International Container Terminal Services's Revenue for the three months ended in Mar. 2024 was ₱37,495 Mil. Therefore, International Container Terminal Services's Gross Margin % for the quarter that ended in Mar. 2024 was 58.54%.


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

PHS:ICT' s Gross Margin % Range Over the Past 10 Years
Min: 37.26   Med: 44.18   Max: 68.86
Current: 68.86


During the past 13 years, the highest Gross Margin % of International Container Terminal Services was 68.86%. The lowest was 37.26%. And the median was 44.18%.

PHS:ICT's Gross Margin % is ranked better than
95.03% of 946 companies
in the Transportation industry
Industry Median: 20.125 vs PHS:ICT: 68.86

International Container Terminal Services had a gross margin of 58.54% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for International Container Terminal Services was 11.40% per year.


International Container Terminal Services Gross Margin % Historical Data

The historical data trend for International Container Terminal Services'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.

International Container Terminal Services Gross Margin % Chart

International Container Terminal Services 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 44.49 47.26 65.71 67.49 68.12

International Container Terminal Services 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 54.35 56.06 56.40 103.17 58.54

Competitive Comparison of International Container Terminal Services's Gross Margin %

For the Marine Shipping subindustry, International Container Terminal Services'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.


International Container Terminal Services's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, International Container Terminal Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where International Container Terminal Services's Gross Margin % falls into.



International Container Terminal Services Gross Margin % Calculation

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

International Container Terminal Services'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 )
=95781 / 140608.357
=(Revenue - Cost of Goods Sold) / Revenue
=(140608.357 - 44827.336) / 140608.357
=68.12 %

International Container Terminal Services'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 )
=21950.4 / 37495.474
=(Revenue - Cost of Goods Sold) / Revenue
=(37495.474 - 15545.048) / 37495.474
=58.54 %

* 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.


International Container Terminal Services  (PHS:ICT) 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

International Container Terminal Services had a gross margin of 58.54% for the quarter that ended in Mar. 2024 => Durable 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.


International Container Terminal Services Gross Margin % Related Terms

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International Container Terminal Services (PHS:ICT) Business Description

Traded in Other Exchanges
Address
MICT South Access Road, Port of Manila, Manila International Container Terminal, ICTSI Administration Building, Manila, PHL, 1012
International Container Terminal Services is a container-handling and terminal company. The company primarily operates, manages, develops, and acquires container terminals to handle import and export cargo shipped in containers. Besides, the firm provides storage, container stripping and stuffing, and maintenance services. The company organises itself into three geographical segments: Asia; Europe, Middle East, and Africa; and Americas. The company derives the largest portion of revenue from the Asia segment, followed by the Americas and EMEA.

International Container Terminal Services (PHS:ICT) Headlines

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