Fiskars Oyj (OHEL:FSKRS) Gross Margin % : 43.44% (As of Mar. 2024)

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What is Fiskars Oyj Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fiskars Oyj's Gross Profit for the three months ended in Mar. 2024 was €123 Mil. Fiskars Oyj's Revenue for the three months ended in Mar. 2024 was €283 Mil. Therefore, Fiskars Oyj's Gross Margin % for the quarter that ended in Mar. 2024 was 43.44%.

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

OHEL:FSKRS' s Gross Margin % Range Over the Past 10 Years
Min: 37.96 Med: 42.4 Max: 45.26
Current: 44.53

During the past 13 years, the highest Gross Margin % of Fiskars Oyj was 45.26%. The lowest was 37.96%. And the median was 42.40%.

OHEL:FSKRS's Gross Margin % is ranked better than
64.08% of 1094 companies
in the Retail - Cyclical industry
Industry Median: 36.63 vs OHEL:FSKRS: 44.53

Fiskars Oyj had a gross margin of 43.44% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fiskars Oyj was 1.50% per year.

Fiskars Oyj Gross Margin % Historical Data

The historical data trend for Fiskars Oyj'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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Fiskars Oyj Gross Margin % Chart

Fiskars Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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41.02

40.49

43.04

44.53

45.26

Fiskars Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															46.42	46.81	47.08	41.87	43.44

Competitive Comparison of Fiskars Oyj's Gross Margin %

For the Home Improvement Retail subindustry, Fiskars Oyj'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.

Fiskars Oyj's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fiskars Oyj's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fiskars Oyj's Gross Margin % falls into.

Fiskars Oyj Gross Margin % Calculation

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

Fiskars Oyj'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 )
	=	511.4	/	1129.8
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1129.8 - 618.4)	/	1129.8
	=	45.26 %

Fiskars Oyj's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	122.9	/	282.9
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(282.9 - 160)	/	282.9
	=	43.44 %

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.

Fiskars Oyj (OHEL:FSKRS) 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

Fiskars Oyj had a gross margin of 43.44% for the quarter that ended in Mar. 2024 => 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.

Fiskars Oyj Gross Margin % Related Terms

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

Fiskars Oyj (OHEL:FSKRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fiskars Oyj (OHEL:FSKRS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

FKRAF:USA A8X:Germany

Address

Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151

Website

https://www.fiskarsgroup.com

Fiskars Oyj is a Finnish company that supplies consumer products for home, garden, and outdoor use. The company operates in Europe, the Americas, and the Asia-Pacific region. Fiskar's business areas are functional products, which offer household tools; living products, which offer tabletop and interior decoration products; and outdoor products, which offer gear for recreational and professional use. The major brands of the company include Fiskars, Waterford, Wedgwood, Iittala, Gerber, and Royal Copenhagen. The firm derives the majority of its revenue from sales in Europe and the Americas, with overall sales fairly evenly split between the two. Revenue is also fairly evenly split between the functional products and living products segments, stemming mostly from the Fiskars brand.

Fiskars Oyj (OHEL:FSKRS) Headlines

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