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Compagnie du Mont-Blanc (XPAR:MLCMB) Gross Margin % : 94.69% (As of May. 2023)


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What is Compagnie du Mont-Blanc Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Compagnie du Mont-Blanc's Gross Profit for the six months ended in May. 2023 was €121.1 Mil. Compagnie du Mont-Blanc's Revenue for the six months ended in May. 2023 was €127.9 Mil. Therefore, Compagnie du Mont-Blanc's Gross Margin % for the quarter that ended in May. 2023 was 94.69%.


The historical rank and industry rank for Compagnie du Mont-Blanc's Gross Margin % or its related term are showing as below:

XPAR:MLCMB' s Gross Margin % Range Over the Past 10 Years
Min: 93.9   Med: 94.34   Max: 95.19
Current: 94.69


During the past 13 years, the highest Gross Margin % of Compagnie du Mont-Blanc was 95.19%. The lowest was 93.90%. And the median was 94.34%.

XPAR:MLCMB's Gross Margin % is ranked better than
95.98% of 771 companies
in the Travel & Leisure industry
Industry Median: 43.22 vs XPAR:MLCMB: 94.69

Compagnie du Mont-Blanc had a gross margin of 94.69% for the quarter that ended in May. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Compagnie du Mont-Blanc was 0.10% per year.


Compagnie du Mont-Blanc Gross Margin % Historical Data

The historical data trend for Compagnie du Mont-Blanc'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.

Compagnie du Mont-Blanc Gross Margin % Chart

Compagnie du Mont-Blanc Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.40 94.20 95.19 94.50 94.69

Compagnie du Mont-Blanc Semi-Annual Data
May07 May08 May09 May10 May11 May12 May13 May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
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 94.40 94.20 95.19 94.50 94.69

Competitive Comparison of Compagnie du Mont-Blanc's Gross Margin %

For the Leisure subindustry, Compagnie du Mont-Blanc'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.


Compagnie du Mont-Blanc's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Compagnie du Mont-Blanc's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Compagnie du Mont-Blanc's Gross Margin % falls into.



Compagnie du Mont-Blanc Gross Margin % Calculation

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

Compagnie du Mont-Blanc's Gross Margin for the fiscal year that ended in May. 2023 is calculated as

Gross Margin % (A: May. 2023 )=Gross Profit (A: May. 2023 ) / Revenue (A: May. 2023 )
=121.1 / 127.905
=(Revenue - Cost of Goods Sold) / Revenue
=(127.905 - 6.789) / 127.905
=94.69 %

Compagnie du Mont-Blanc's Gross Margin for the quarter that ended in May. 2023 is calculated as


Gross Margin % (Q: May. 2023 )=Gross Profit (Q: May. 2023 ) / Revenue (Q: May. 2023 )
=121.1 / 127.905
=(Revenue - Cost of Goods Sold) / Revenue
=(127.905 - 6.789) / 127.905
=94.69 %

* 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.


Compagnie du Mont-Blanc  (XPAR:MLCMB) 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

Compagnie du Mont-Blanc had a gross margin of 94.69% for the quarter that ended in May. 2023 => 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.


Compagnie du Mont-Blanc Gross Margin % Related Terms

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Compagnie du Mont-Blanc (XPAR:MLCMB) Business Description

Traded in Other Exchanges
N/A
Address
35 place de la Mer de Glace, Chamonix, FRA, 74400
Compagnie du Mont-Blanc operates as a ski lift company in France. The company is involved in serving and providing transportation in the mountains by ski lifts, chairlifts, gondolas, cable cars, and cog railways.

Compagnie du Mont-Blanc (XPAR:MLCMB) Headlines

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