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Cementos PacasmayoA (Cementos PacasmayoA) Gross Margin % : 36.48% (As of Mar. 2024)


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What is Cementos PacasmayoA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cementos PacasmayoA's Gross Profit for the three months ended in Mar. 2024 was $46.5 Mil. Cementos PacasmayoA's Revenue for the three months ended in Mar. 2024 was $127.5 Mil. Therefore, Cementos PacasmayoA's Gross Margin % for the quarter that ended in Mar. 2024 was 36.48%.

Warning Sign:

Cementos Pacasmayo SAA gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


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

CPAC' s Gross Margin % Range Over the Past 10 Years
Min: 28.87   Med: 36.16   Max: 43.48
Current: 36.1


During the past 13 years, the highest Gross Margin % of Cementos PacasmayoA was 43.48%. The lowest was 28.87%. And the median was 36.16%.

CPAC's Gross Margin % is ranked better than
77.01% of 374 companies
in the Building Materials industry
Industry Median: 24.94 vs CPAC: 36.10

Cementos PacasmayoA had a gross margin of 36.48% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cementos PacasmayoA was -1.70% per year.


Cementos PacasmayoA Gross Margin % Historical Data

The historical data trend for Cementos PacasmayoA'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.

Cementos PacasmayoA Gross Margin % Chart

Cementos PacasmayoA 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 34.96 28.95 28.87 30.82 35.36

Cementos PacasmayoA 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 33.46 34.52 33.80 39.43 36.48

Competitive Comparison of Cementos PacasmayoA's Gross Margin %

For the Building Materials subindustry, Cementos PacasmayoA'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.


Cementos PacasmayoA's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos PacasmayoA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cementos PacasmayoA's Gross Margin % falls into.



Cementos PacasmayoA Gross Margin % Calculation

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

Cementos PacasmayoA'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 )
=184.5 / 521.759
=(Revenue - Cost of Goods Sold) / Revenue
=(521.759 - 337.29) / 521.759
=35.36 %

Cementos PacasmayoA'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 )
=46.5 / 127.505
=(Revenue - Cost of Goods Sold) / Revenue
=(127.505 - 80.989) / 127.505
=36.48 %

* 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.


Cementos PacasmayoA  (NYSE:CPAC) 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

Cementos PacasmayoA had a gross margin of 36.48% for the quarter that ended in Mar. 2024 => 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.


Cementos PacasmayoA Gross Margin % Related Terms

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


Cementos PacasmayoA (Cementos PacasmayoA) Business Description

Traded in Other Exchanges
Address
Calle La Colonia No. 150, Urbanizacion El Vivero, Surco, Lima, PER
Cementos Pacasmayo SAA is a Peruvian cement company that primarily produces, distributes, and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete. The company's products are primarily used in construction. It also produces and sells quicklime for use in mining operations. The company sells its products mainly in the northern part of Peru. It owns three cement production facilities. Its flagship Pacasmayo facility is located in the northwest region of Peru, while its new cement plant in Piura and smaller Rioja facility are located in the northeast region of Peru.