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Big River Industries (ASX:BRI) Gross Margin % : 26.38% (As of Dec. 2023)


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What is Big River Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Big River Industries's Gross Profit for the six months ended in Dec. 2023 was A$57.7 Mil. Big River Industries's Revenue for the six months ended in Dec. 2023 was A$218.8 Mil. Therefore, Big River Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 26.38%.


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

ASX:BRI' s Gross Margin % Range Over the Past 10 Years
Min: 26.78   Med: 28.33   Max: 31.35
Current: 26.78


During the past 7 years, the highest Gross Margin % of Big River Industries was 31.35%. The lowest was 26.78%. And the median was 28.33%.

ASX:BRI's Gross Margin % is ranked better than
62.9% of 283 companies
in the Forest Products industry
Industry Median: 19.39 vs ASX:BRI: 26.78

Big River Industries had a gross margin of 26.38% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Big River Industries was -0.60% per year.


Big River Industries Gross Margin % Historical Data

The historical data trend for Big River Industries'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.

Big River Industries Gross Margin % Chart

Big River Industries Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial 27.38 28.73 29.19 26.88 27.43

Big River Industries Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 26.50 27.23 27.66 27.19 26.38

Competitive Comparison of Big River Industries's Gross Margin %

For the Lumber & Wood Production subindustry, Big River Industries'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.


Big River Industries's Gross Margin % Distribution in the Forest Products Industry

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

* The bar in red indicates where Big River Industries's Gross Margin % falls into.



Big River Industries Gross Margin % Calculation

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

Big River Industries's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=123.3 / 449.451
=(Revenue - Cost of Goods Sold) / Revenue
=(449.451 - 326.157) / 449.451
=27.43 %

Big River Industries'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 )
=57.7 / 218.779
=(Revenue - Cost of Goods Sold) / Revenue
=(218.779 - 161.072) / 218.779
=26.38 %

* 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.


Big River Industries  (ASX:BRI) 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

Big River Industries had a gross margin of 26.38% 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.


Big River Industries Gross Margin % Related Terms

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Big River Industries (ASX:BRI) Business Description

Traded in Other Exchanges
Address
Trenayr Road, Junction Hill, NSW, AUS, 2460
Big River Industries Ltd is a manufacturer, distributor, and supplier of timber, builder's hardware, building supplies, and services for the residential, commercial, industrial, building and construction industries. The company's segment includes Panels and Construction. It generates maximum revenue from the Construction segment. The Construction division is comprised of fifteen sites which sell a building, commercial and formwork products in Australia. The panel segment is comprised of three manufacturing and six distribution sites of timber panel products in Australia and New Zealand. Geographically the company derives the majority of its revenue from Australia.

Big River Industries (ASX:BRI) Headlines

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