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International Meal Co Alimentacao (BSP:MEAL3) Gross Margin % : 35.50% (As of Dec. 2023)


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What is International Meal Co Alimentacao Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. International Meal Co Alimentacao's Gross Profit for the three months ended in Dec. 2023 was R$182 Mil. International Meal Co Alimentacao's Revenue for the three months ended in Dec. 2023 was R$513 Mil. Therefore, International Meal Co Alimentacao's Gross Margin % for the quarter that ended in Dec. 2023 was 35.50%.


The historical rank and industry rank for International Meal Co Alimentacao's Gross Margin % or its related term are showing as below:

BSP:MEAL3' s Gross Margin % Range Over the Past 10 Years
Min: 23.53   Med: 30.91   Max: 34.65
Current: 34.65


During the past 13 years, the highest Gross Margin % of International Meal Co Alimentacao was 34.65%. The lowest was 23.53%. And the median was 30.91%.

BSP:MEAL3's Gross Margin % is ranked worse than
69.68% of 343 companies
in the Restaurants industry
Industry Median: 47.41 vs BSP:MEAL3: 34.65

International Meal Co Alimentacao had a gross margin of 35.50% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for International Meal Co Alimentacao was 1.30% per year.


International Meal Co Alimentacao Gross Margin % Historical Data

The historical data trend for International Meal Co Alimentacao'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.

International Meal Co Alimentacao Gross Margin % Chart

International Meal Co Alimentacao 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 31.98 23.53 29.89 30.37 34.61

International Meal Co Alimentacao 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 27.00 29.31 34.73 38.40 35.50

Competitive Comparison of International Meal Co Alimentacao's Gross Margin %

For the Restaurants subindustry, International Meal Co Alimentacao'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.


International Meal Co Alimentacao's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, International Meal Co Alimentacao's Gross Margin % distribution charts can be found below:

* The bar in red indicates where International Meal Co Alimentacao's Gross Margin % falls into.



International Meal Co Alimentacao Gross Margin % Calculation

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

International Meal Co Alimentacao'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 )
=770.6 / 2226.345
=(Revenue - Cost of Goods Sold) / Revenue
=(2226.345 - 1455.747) / 2226.345
=34.61 %

International Meal Co Alimentacao'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 )
=182 / 512.691
=(Revenue - Cost of Goods Sold) / Revenue
=(512.691 - 330.677) / 512.691
=35.50 %

* 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.


International Meal Co Alimentacao  (BSP:MEAL3) 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

International Meal Co Alimentacao had a gross margin of 35.50% 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.


International Meal Co Alimentacao Gross Margin % Related Terms

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International Meal Co Alimentacao (BSP:MEAL3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Nacoes Unidas, 4.777, 12th Floor, Jardim Universidade Pinheiros, Sao Paulo, SP, BRA, 5477902
International Meal Co Alimentacao SA is a Brazil-based company principally engaged in the sale of food and beverages to restaurants, snack bars, coffee shops, cafes on motorways, airports, shopping malls, and airline catering services. It also subleases stores and spaces for promotional and commercial purposes in its store chain, upon the sale of fuel, and provides general services related to these segments. The company operates in five segments: Shopping malls, Airports, Highways, the United States of America (USA), and Others. Some of its brands are Viena, Olive Garden, Margaritaville, KFC Brazil, and Pizza Hut Brazil. Its geographical segments are Brazil, The Caribbean, and the USA.

International Meal Co Alimentacao (BSP:MEAL3) Headlines

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