GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS (IST:BRSAN) » Definitions » Gross Margin %

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Gross Margin % : 8.12% (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Gross Profit for the three months ended in Mar. 2024 was ₺1,328 Mil. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Revenue for the three months ended in Mar. 2024 was ₺16,356 Mil. Therefore, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Gross Margin % for the quarter that ended in Mar. 2024 was 8.12%.


The historical rank and industry rank for Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Gross Margin % or its related term are showing as below:

IST:BRSAN' s Gross Margin % Range Over the Past 10 Years
Min: 8.05   Med: 12.59   Max: 16.82
Current: 12.29


During the past 13 years, the highest Gross Margin % of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS was 16.82%. The lowest was 8.05%. And the median was 12.59%.

IST:BRSAN's Gross Margin % is ranked worse than
53.5% of 585 companies
in the Steel industry
Industry Median: 13.01 vs IST:BRSAN: 12.29

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS had a gross margin of 8.12% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS was 4.70% per year.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Gross Margin % Historical Data

The historical data trend for Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS'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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Gross Margin % Chart

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS 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 10.99 9.39 8.05 14.09 16.81

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS 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 28.73 27.57 15.69 6.77 8.12

Competitive Comparison of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Gross Margin %

For the Steel subindustry, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS'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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Gross Margin % falls into.



Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Gross Margin % Calculation

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

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS'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 )
=7087.9 / 42175.476
=(Revenue - Cost of Goods Sold) / Revenue
=(42175.476 - 35087.591) / 42175.476
=16.81 %

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS'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 )
=1328.4 / 16356.463
=(Revenue - Cost of Goods Sold) / Revenue
=(16356.463 - 15028.031) / 16356.463
=8.12 %

* 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS  (IST:BRSAN) 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

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS had a gross margin of 8.12% for the quarter that ended in Mar. 2024 => No sustainable 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Gross Margin % Related Terms

Thank you for viewing the detailed overview of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Caddesi No. 35 – 37, Salipazari, Istanbul, TUR, 34427
Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS Formerly Borusan Mannesmann Boru Sanayi ve Ticaret AS is a steel tube and pipes manufacturer. The company's product portfolio includes gas pipes, water pipes, general purpose pipes, OCTG pipes, line pipe, precision tubes, heavy wall welded tubes, first fire protection systems, and easy flow fire protection sprinkler pipes. It provides products for various projects such as The NK1 Oil Pipeline, The Sahdeniz, The Blue Stream, Hungary Gas Pipeline, and TANAP projects. It exports products to various countries in Americas, Europe, Africa and Asia.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Headlines

No Headlines