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Univar Solutions (Univar Solutions) Gross Margin % : 24.27% (As of Jun. 2023)


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What is Univar Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Univar Solutions's Gross Profit for the three months ended in Jun. 2023 was $625 Mil. Univar Solutions's Revenue for the three months ended in Jun. 2023 was $2,574 Mil. Therefore, Univar Solutions's Gross Margin % for the quarter that ended in Jun. 2023 was 24.27%.


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

UNVR' s Gross Margin % Range Over the Past 10 Years
Min: 18.17   Med: 21.95   Max: 25.1
Current: 23.72


During the past 13 years, the highest Gross Margin % of Univar Solutions was 25.10%. The lowest was 18.17%. And the median was 21.95%.

UNVR's Gross Margin % is not ranked
in the Chemicals industry.
Industry Median: 22.24 vs UNVR: 23.72

Univar Solutions had a gross margin of 24.27% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Univar Solutions was 2.70% per year.


Univar Solutions Gross Margin % Historical Data

The historical data trend for Univar Solutions'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.

Univar Solutions Gross Margin % Chart

Univar Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.01 23.05 24.23 25.10 24.15

Univar Solutions Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 24.40 23.67 23.13 23.81 24.27

Competitive Comparison of Univar Solutions's Gross Margin %

For the Chemicals subindustry, Univar Solutions'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.


Univar Solutions's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Univar Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Univar Solutions's Gross Margin % falls into.



Univar Solutions Gross Margin % Calculation

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

Univar Solutions's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=2771.2 / 11475.3
=(Revenue - Cost of Goods Sold) / Revenue
=(11475.3 - 8704.1) / 11475.3
=24.15 %

Univar Solutions's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=624.8 / 2574.1
=(Revenue - Cost of Goods Sold) / Revenue
=(2574.1 - 1949.3) / 2574.1
=24.27 %

* 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.


Univar Solutions  (NYSE:UNVR) 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

Univar Solutions had a gross margin of 24.27% for the quarter that ended in Jun. 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.


Univar Solutions Gross Margin % Related Terms

Thank you for viewing the detailed overview of Univar Solutions's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Univar Solutions (Univar Solutions) Business Description

Traded in Other Exchanges
N/A
Address
3075 Highland Parkway, Suite 200, Downers Grove, IL, USA, 60515
Univar Solutions Inc is distributor of commodity and specialty chemicals and ingredients, as well as a provider of value-added services, to customers across a wide range of diverse industries.. The company sells chemicals to a variety of end-users including customers in the food ingredients, beauty and personal care, pharmaceutical ingredients & finished products, CASE, chemical manufacturing, homecare and industrial cleaning and mining. The company organizes itself into four segments based on geography: the United States; Canada; Europe and the Middle East and Africa; and the rest of the world. The majority of revenue comes from the United States.
Executives
Varun Laroyia director 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
James B Holcomb officer: SVP, President North America 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Nicholas W Alexos officer: EVP, CFO C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Nicholas Powell officer: President, EMEA & APAC 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Pat Jerding officer: SVP, Chief Information Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Stephen D Newlin director 22 W FRONTAGE ROAD, NORTHFIELD IL 60093
Christopher D Pappas director C/O 76 SOUTH MAIN STREET, AKRON OH 44308
David Jukes director, officer: President and CEO 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Kelly O'hanlon officer: Principal Accounting Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jennifer Mcintyre officer: SVP, Chief Integration Officer 3075 HIGHLAND PARKWAY, 200, DOWNERS GROVE IL 60515
Jonathan Webster officer: SVP, Chief Streamline Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Richard P Fox director
Noelle J Perkins officer: SVP, General Counsel Secretary 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE TX 60515
William S Stavropoulos director
Joan A. Braca director 1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110

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