ZIM Integrated Shipping Services (ZIM Integrated Shipping Services) Gross Margin % : 0.43% (As of Dec. 2023)

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What is ZIM Integrated Shipping Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ZIM Integrated Shipping Services's Gross Profit for the three months ended in Dec. 2023 was $5 Mil. ZIM Integrated Shipping Services's Revenue for the three months ended in Dec. 2023 was $1,205 Mil. Therefore, ZIM Integrated Shipping Services's Gross Margin % for the quarter that ended in Dec. 2023 was 0.43%.

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

ZIM' s Gross Margin % Range Over the Past 10 Years
Min: -42.77 Med: 9.43 Max: 56.54
Current: -42.77

During the past 7 years, the highest Gross Margin % of ZIM Integrated Shipping Services was 56.54%. The lowest was -42.77%. And the median was 9.43%.

ZIM's Gross Margin % is ranked worse than
99.15% of 945 companies
in the Transportation industry
Industry Median: 20.25 vs ZIM: -42.77

ZIM Integrated Shipping Services had a gross margin of 0.43% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ZIM Integrated Shipping Services was 0.00% per year.

ZIM Integrated Shipping Services Gross Margin % Historical Data

The historical data trend for ZIM Integrated Shipping 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.

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ZIM Integrated Shipping Services Gross Margin % Chart

ZIM Integrated Shipping Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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7.97

21.67

56.54

51.16

-42.76

ZIM Integrated Shipping Services Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															30.79	3.94	-6.05	-171.85	0.43

Competitive Comparison of ZIM Integrated Shipping Services's Gross Margin %

For the Marine Shipping subindustry, ZIM Integrated Shipping 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.

ZIM Integrated Shipping Services's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ZIM Integrated Shipping Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ZIM Integrated Shipping Services's Gross Margin % falls into.

ZIM Integrated Shipping Services Gross Margin % Calculation

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

ZIM Integrated Shipping 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 )
	=	-2207.6	/	5162.2
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5162.2 - 7369.8)	/	5162.2
	=	-42.76 %

ZIM Integrated Shipping Services'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 )
	=	5.2	/	1205.3
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1205.3 - 1200.1)	/	1205.3
	=	0.43 %

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.

ZIM Integrated Shipping Services (NYSE:ZIM) 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

ZIM Integrated Shipping Services had a gross margin of 0.43% 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.

ZIM Integrated Shipping Services Gross Margin % Related Terms

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ZIM Integrated Shipping Services (ZIM Integrated Shipping Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZIM Integrated Shipping Services Ltd (NYSE:ZIM) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

2SV:Germany

Address

9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500

Website

https://www.zim.com

ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.