GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ALD SA (XPAR:ALD) » Definitions » Gross Margin %

ALD (XPAR:ALD) Gross Margin % : 9.04% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is ALD Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ALD's Gross Profit for the six months ended in Dec. 2023 was €1,042 Mil. ALD's Revenue for the six months ended in Dec. 2023 was €11,520 Mil. Therefore, ALD's Gross Margin % for the quarter that ended in Dec. 2023 was 9.04%.


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

XPAR:ALD' s Gross Margin % Range Over the Past 10 Years
Min: 10.32   Med: 13.25   Max: 19.19
Current: 13.74


During the past 10 years, the highest Gross Margin % of ALD was 19.19%. The lowest was 10.32%. And the median was 13.25%.

XPAR:ALD's Gross Margin % is ranked worse than
87.87% of 989 companies
in the Business Services industry
Industry Median: 34.32 vs XPAR:ALD: 13.74

ALD had a gross margin of 9.04% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ALD was 8.40% per year.


ALD Gross Margin % Historical Data

The historical data trend for ALD'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.

ALD Gross Margin % Chart

ALD 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 10.97 10.32 14.33 19.19 13.74

ALD Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.38 21.68 16.78 21.23 9.04

Competitive Comparison of ALD's Gross Margin %

For the Rental & Leasing Services subindustry, ALD'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.


ALD's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ALD's Gross Margin % distribution charts can be found below:

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



ALD Gross Margin % Calculation

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

ALD'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 )
=2573.9 / 18735.7
=(Revenue - Cost of Goods Sold) / Revenue
=(18735.7 - 16161.8) / 18735.7
=13.74 %

ALD'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 )
=1041.7 / 11519.9
=(Revenue - Cost of Goods Sold) / Revenue
=(11519.9 - 10478.2) / 11519.9
=9.04 %

* 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.


ALD  (XPAR:ALD) 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

ALD had a gross margin of 9.04% for the quarter that ended in Dec. 2023 => No sustainable 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.


ALD Gross Margin % Related Terms

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


ALD (XPAR:ALD) Business Description

Traded in Other Exchanges
Address
1-3 Rue Eugene et Armand Peugeot, Le Corosa, Rueil-Malmaison, FRA, 92500
ALD SA is a full-service leasing and fleet management group. It provides financing and management services through two principal product offerings. These two offerings are full-service leasing and fleet management. The group also provides insurance services. It provides clients with motor third-party liability, material damage insurance as well as theft and passenger insurance. The company has operational footprints across Western Europe, Nordic, Continental and Eastern Europe and Latin America, Africa, Asia, and the Rest of the world.

ALD (XPAR:ALD) Headlines

From GuruFocus