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Schaeffler AG (XTER:SHA) Gross Margin % : 20.28% (As of Dec. 2023)


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What is Schaeffler AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Schaeffler AG's Gross Profit for the three months ended in Dec. 2023 was €820 Mil. Schaeffler AG's Revenue for the three months ended in Dec. 2023 was €4,044 Mil. Therefore, Schaeffler AG's Gross Margin % for the quarter that ended in Dec. 2023 was 20.28%.

Warning Sign:

Schaeffler AG gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


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

XTER:SHA' s Gross Margin % Range Over the Past 10 Years
Min: 22.04   Med: 25.35   Max: 28.39
Current: 22.04


During the past 13 years, the highest Gross Margin % of Schaeffler AG was 28.39%. The lowest was 22.04%. And the median was 25.35%.

XTER:SHA's Gross Margin % is ranked better than
59.43% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs XTER:SHA: 22.04

Schaeffler AG had a gross margin of 20.28% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Schaeffler AG was -2.80% per year.


Schaeffler AG Gross Margin % Historical Data

The historical data trend for Schaeffler AG'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.

Schaeffler AG Gross Margin % Chart

Schaeffler AG 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 24.77 22.71 24.83 22.64 22.04

Schaeffler AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 22.20 23.70 21.84 22.30 20.28

Competitive Comparison of Schaeffler AG's Gross Margin %

For the Auto Parts subindustry, Schaeffler AG'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.


Schaeffler AG's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Schaeffler AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Schaeffler AG's Gross Margin % falls into.



Schaeffler AG Gross Margin % Calculation

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

Schaeffler AG'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 )
=3596 / 16313
=(Revenue - Cost of Goods Sold) / Revenue
=(16313 - 12717) / 16313
=22.04 %

Schaeffler AG'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 )
=820 / 4044
=(Revenue - Cost of Goods Sold) / Revenue
=(4044 - 3224) / 4044
=20.28 %

* 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.


Schaeffler AG  (XTER:SHA) 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

Schaeffler AG had a gross margin of 20.28% 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.


Schaeffler AG Gross Margin % Related Terms

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


Schaeffler AG (XTER:SHA) Business Description

Traded in Other Exchanges
Address
Industriestrasse 1-3, Herzogenaurach, BY, DEU, 91074
Schaeffler AG is an automotive and industrial supplier. The company's business is managed based on three divisions: Automotive Technologies, Automotive Aftermarket, and Industrial. The Automotive Technologies division organizes its business in the Engine Systems, Transmission Systems, E-Mobility, and Chassis Systems business divisions. The industrial division distributes components and systems for rotary and linear movements as well as services for a wide range of industrial sectors. The Automotive Aftermarket division is responsible for business with spare vehicle parts. Its Automotive Technologies generates revenue. Its geographical segments are Europe, the Americas, Greater China, and Asia-Pacific.
Executives
Jens Willem Schüler Board of Directors
Georg F.w. Schaeffler Supervisory Board
Matthias Zink Board of Directors
Dr. Stefan Spindler Board of Directors
Andreas Schick Board of Directors
Uwe Wagner Board of Directors
Corinna Schittenhelm Board of Directors
Klaus Rosenfeld Board of Directors

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