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Buzzi Spa (MIL:BZU) Gross Margin %

: 65.93% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Buzzi Spa's Gross Profit for the six months ended in Dec. 2023 was €1,429 Mil. Buzzi Spa's Revenue for the six months ended in Dec. 2023 was €2,168 Mil. Therefore, Buzzi Spa's Gross Margin % for the quarter that ended in Dec. 2023 was 65.93%.


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

MIL:BZU' s Gross Margin % Range Over the Past 10 Years
Min: 58.54   Med: 62.19   Max: 63.64
Current: 63.64


During the past 13 years, the highest Gross Margin % of Buzzi Spa was 63.64%. The lowest was 58.54%. And the median was 62.19%.

MIL:BZU's Gross Margin % is ranked better than
92.2% of 372 companies
in the Building Materials industry
Industry Median: 24.815 vs MIL:BZU: 63.64

Buzzi Spa had a gross margin of 65.93% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Buzzi Spa was -0.30% per year.


Buzzi Spa Gross Margin % Historical Data

The historical data trend for Buzzi Spa'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.

Buzzi Spa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.05 63.64 60.69 59.17 63.63

Buzzi Spa Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 59.83 57.98 60.22 61.32 65.93

Competitive Comparison

For the Building Materials subindustry, Buzzi Spa'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.


Buzzi Spa Gross Margin % Distribution

For the Building Materials industry and Basic Materials sector, Buzzi Spa's Gross Margin % distribution charts can be found below:

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



Buzzi Spa Gross Margin % Calculation

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

Buzzi Spa'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 )
=2747.4 / 4317.489
=(Revenue - Cost of Goods Sold) / Revenue
=(4317.489 - 1570.065) / 4317.489
=63.63 %

Buzzi Spa'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 )
=1429.3 / 2167.855
=(Revenue - Cost of Goods Sold) / Revenue
=(2167.855 - 738.522) / 2167.855
=65.93 %

* 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.


Buzzi Spa  (MIL:BZU) 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

Buzzi Spa had a gross margin of 65.93% for the quarter that ended in Dec. 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.


Buzzi Spa Gross Margin % Related Terms

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Buzzi Spa (MIL:BZU) Business Description

Traded in Other Exchanges
Address
Via Luigi Buzzi, 6, Casale Monferrato, ITA, 15033
Buzzi Spa manufactures and sells cement, ready-mix concrete, and aggregates. The company operates in two segments by product: cement and concrete/aggregates. The cement segment generates the majority of revenue, sells cement and cement-related products to the construction and building industries. The concrete and aggregates segment sells concrete and aggregates from hundreds of firm-owned concrete batch plants and aggregate quarries. The vast majority of Buzzi Unicem's revenue comes from the United States of America.

Buzzi Spa (MIL:BZU) Headlines

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