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Billerud AB (OSTO:BILL) Gross Margin % : 47.80% (As of Mar. 2024)


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What is Billerud AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Billerud AB's Gross Profit for the three months ended in Mar. 2024 was kr4,982 Mil. Billerud AB's Revenue for the three months ended in Mar. 2024 was kr10,423 Mil. Therefore, Billerud AB's Gross Margin % for the quarter that ended in Mar. 2024 was 47.80%.


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

OSTO:BILL' s Gross Margin % Range Over the Past 10 Years
Min: 45.96   Med: 50.26   Max: 54.26
Current: 46.17


During the past 13 years, the highest Gross Margin % of Billerud AB was 54.26%. The lowest was 45.96%. And the median was 50.26%.

OSTO:BILL's Gross Margin % is ranked better than
86.22% of 283 companies
in the Forest Products industry
Industry Median: 19.84 vs OSTO:BILL: 46.17

Billerud AB had a gross margin of 47.80% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Billerud AB Gross Margin % Historical Data

The historical data trend for Billerud AB'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.

Billerud AB Gross Margin % Chart

Billerud AB 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 46.79 47.45 50.99 54.26 45.96

Billerud AB 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 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 46.91 43.18 46.88 46.73 47.80

Competitive Comparison of Billerud AB's Gross Margin %

For the Paper & Paper Products subindustry, Billerud AB'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.


Billerud AB's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Billerud AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Billerud AB's Gross Margin % falls into.



Billerud AB Gross Margin % Calculation

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

Billerud AB'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 )
=18946 / 41224
=(Revenue - Cost of Goods Sold) / Revenue
=(41224 - 22278) / 41224
=45.96 %

Billerud AB'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 )
=4982 / 10423
=(Revenue - Cost of Goods Sold) / Revenue
=(10423 - 5441) / 10423
=47.80 %

* 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.


Billerud AB  (OSTO:BILL) 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

Billerud AB had a gross margin of 47.80% 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.


Billerud AB Gross Margin % Related Terms

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


Billerud AB (OSTO:BILL) Business Description

Address
Evenemangsgatan 17, Solna, P.O. Box 703, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Billerud organizes itself into three segments: Board product area, Paper product area and Solutions and Other.