The historical rank and industry rank for Howden Joinery Group's Gross Margin % or its related term are showing as below:
HWDJF'
s Gross Margin % Range Over the Past 10 Years
Min: 60.1 Med: 61.98 Max: 64.28
Current: 60.75
During the past 13 years, the highestGross Margin % of Howden Joinery Group was 64.28%. The lowest was 60.10%. And the median was 61.98%.
HWDJF's Gross Margin % is ranked better than 95.83% of 408
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.295
vs HWDJF: 60.75
Howden Joinery Group had a gross margin of 60.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Howden Joinery Group was -0.40% per year.
Howden Joinery Group Gross Margin % Historical Data
The historical data trend for Howden Joinery Group'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.
Competitive Comparison of Howden Joinery Group's Gross Margin %
For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery Group'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.
Howden Joinery Group's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Howden Joinery Group's Gross Margin % falls into.
* 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.
Howden Joinery Group (OTCPK:HWDJF) 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
Howden Joinery Group had a gross margin of 60.59% for the quarter that ended in Dec. 2023 => 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.
Howden Joinery Group Gross Margin % Related Terms
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Howden Joinery Group (Howden Joinery Group) Business Description
Howden Joinery Group PLC is a U.K.-based company that manufactures, sources, and sells kitchen and joinery products. The Group's operations are mainly located in the United Kingdom with a small presence in France, Belgium, and the Republic of Ireland. It generates the majority of its revenue from the U.K. The firm caters to small, local homebuilders. The company's products are divided among its kitchen collection, which includes kitchen accessories and cabinets; the appliance collection, which includes ovens, refrigeration, dishwashers, and laundry; the doors and joinery collection, which includes internal, external, and sliding doors and frames; the hardware collection, which includes door handles and accessories; the flooring collection; and the bathroom cabinet collection.
Howden Joinery Group (Howden Joinery Group) Headlines
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