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Itausa Investimentos ITAU (BSP:ITSA3) Gross Margin % : 25.87% (As of Dec. 2023)


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What is Itausa Investimentos ITAU Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Itausa Investimentos ITAU's Gross Profit for the three months ended in Dec. 2023 was R$504 Mil. Itausa Investimentos ITAU's Revenue for the three months ended in Dec. 2023 was R$1,948 Mil. Therefore, Itausa Investimentos ITAU's Gross Margin % for the quarter that ended in Dec. 2023 was 25.87%.


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

BSP:ITSA3' s Gross Margin % Range Over the Past 10 Years
Min: 31.3   Med: 33.88   Max: 35.18
Current: 31.3


During the past 13 years, the highest Gross Margin % of Itausa Investimentos ITAU was 35.18%. The lowest was 31.30%. And the median was 33.88%.

BSP:ITSA3's Gross Margin % is ranked better than
65.21% of 480 companies
in the Conglomerates industry
Industry Median: 25.125 vs BSP:ITSA3: 31.30

Itausa Investimentos ITAU had a gross margin of 25.87% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Itausa Investimentos ITAU was 0.00% per year.


Itausa Investimentos ITAU Gross Margin % Historical Data

The historical data trend for Itausa Investimentos ITAU'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.

Itausa Investimentos ITAU Gross Margin % Chart

Itausa Investimentos ITAU 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 - - 35.18 33.88 32.20

Itausa Investimentos ITAU Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 Premium Member Only Premium Member Only 34.24 31.06 38.79 30.02 25.87

Competitive Comparison of Itausa Investimentos ITAU's Gross Margin %

For the Conglomerates subindustry, Itausa Investimentos ITAU'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.


Itausa Investimentos ITAU's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Itausa Investimentos ITAU's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Itausa Investimentos ITAU's Gross Margin % falls into.



Itausa Investimentos ITAU Gross Margin % Calculation

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

Itausa Investimentos ITAU'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 )
=2377 / 7383
=(Revenue - Cost of Goods Sold) / Revenue
=(7383 - 5006) / 7383
=32.20 %

Itausa Investimentos ITAU'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 )
=504 / 1948
=(Revenue - Cost of Goods Sold) / Revenue
=(1948 - 1444) / 1948
=25.87 %

* 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.


Itausa Investimentos ITAU  (BSP:ITSA3) 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

Itausa Investimentos ITAU had a gross margin of 25.87% for the quarter that ended in Dec. 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.


Itausa Investimentos ITAU Gross Margin % Related Terms

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


Itausa Investimentos ITAU (BSP:ITSA3) Business Description

Traded in Other Exchanges
Address
Avenue Paulista, 1938, 5th Floor, Bela Vista, Jabaquara, Sao Paulo, SP, BRA, 01310-200
Itausa Investimentos ITAU SA is a Brazilian conglomerate with activities mainly in investment banking. In addition to financial services, the company controls companies in wood panelling, ceramic, metal sanitary, chemicals, and electronics. The company reports its results as financial segment results and industrial segment results. The financial services segment, which generates more than 99% of revenue, is composed of loans, asset management, custody and bookkeeping services, investment banking, electronic payments, and insurance.

Itausa Investimentos ITAU (BSP:ITSA3) Headlines

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