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PZ Cussons (LSE:PZC) Gross Margin % : 13.39% (As of Nov. 2023)


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What is PZ Cussons Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PZ Cussons's Gross Profit for the six months ended in Nov. 2023 was £37.1 Mil. PZ Cussons's Revenue for the six months ended in Nov. 2023 was £277.1 Mil. Therefore, PZ Cussons's Gross Margin % for the quarter that ended in Nov. 2023 was 13.39%.


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

LSE:PZC' s Gross Margin % Range Over the Past 10 Years
Min: 29.02   Med: 38.89   Max: 39.78
Current: 29.02


During the past 13 years, the highest Gross Margin % of PZ Cussons was 39.78%. The lowest was 29.02%. And the median was 38.89%.

LSE:PZC's Gross Margin % is ranked better than
59.44% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 24.96 vs LSE:PZC: 29.02

PZ Cussons had a gross margin of 13.39% for the quarter that ended in Nov. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PZ Cussons was 1.20% per year.


PZ Cussons Gross Margin % Historical Data

The historical data trend for PZ Cussons'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.

PZ Cussons Gross Margin % Chart

PZ Cussons 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 39.47 38.66 39.27 38.38 39.20

PZ Cussons Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 38.74 38.05 36.00 42.58 13.39

Competitive Comparison of PZ Cussons's Gross Margin %

For the Household & Personal Products subindustry, PZ Cussons'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.


PZ Cussons's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PZ Cussons's Gross Margin % distribution charts can be found below:

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



PZ Cussons Gross Margin % Calculation

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

PZ Cussons'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 )
=257.3 / 656.3
=(Revenue - Cost of Goods Sold) / Revenue
=(656.3 - 399) / 656.3
=39.20 %

PZ Cussons's Gross Margin for the quarter that ended in Nov. 2023 is calculated as


Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=37.1 / 277.1
=(Revenue - Cost of Goods Sold) / Revenue
=(277.1 - 240) / 277.1
=13.39 %

* 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.


PZ Cussons  (LSE:PZC) 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

PZ Cussons had a gross margin of 13.39% for the quarter that ended in Nov. 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.


PZ Cussons Gross Margin % Related Terms

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PZ Cussons (LSE:PZC) Business Description

Traded in Other Exchanges
Address
Manchester Business Park, 3500 Aviator Way, Manchester, GBR, M22 5TG
PZ Cussons PLC is a household and personal-care company. Its main business categories are personal care and beauty, home care, food and nutrition, and electricals. Its key geographies are Africa (Ghana, Nigeria, and Kenya); Europe (the UK, Poland, and Greece); Asia (Australia, Thailand, and Indonesia); and the US The personal care and beauty segment offers shower gels, soaps, and haircare products under brands like Cussons Baby and Carex. Thu home care division offers dishwashers and laundry detergents under the Zip, Radiant, and Morning Fresh brands. The food and nutrition division provides organic yogurts, olive oil, and baby food under the Minerva and Rafferty's Garden brands. The electrical division offers electrical household items such as audiovisual products and air conditioners.

PZ Cussons (LSE:PZC) Headlines