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Cohort (LSE:CHRT) Gross Margin % : 33.03% (As of Oct. 2023)


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What is Cohort Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cohort's Gross Profit for the six months ended in Oct. 2023 was £31.2 Mil. Cohort's Revenue for the six months ended in Oct. 2023 was £94.3 Mil. Therefore, Cohort's Gross Margin % for the quarter that ended in Oct. 2023 was 33.03%.


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

LSE:CHRT' s Gross Margin % Range Over the Past 10 Years
Min: 29.77   Med: 35.51   Max: 41.09
Current: 35.95


During the past 13 years, the highest Gross Margin % of Cohort was 41.09%. The lowest was 29.77%. And the median was 35.51%.

LSE:CHRT's Gross Margin % is ranked better than
68.58% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.025 vs LSE:CHRT: 35.95

Cohort had a gross margin of 33.03% for the quarter that ended in Oct. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cohort was 1.00% per year.


Cohort Gross Margin % Historical Data

The historical data trend for Cohort'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.

Cohort Gross Margin % Chart

Cohort Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.52 38.95 37.23 41.09 35.50

Cohort Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 35.18 45.65 31.35 38.56 33.03

Competitive Comparison of Cohort's Gross Margin %

For the Aerospace & Defense subindustry, Cohort'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.


Cohort's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cohort's Gross Margin % distribution charts can be found below:

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



Cohort Gross Margin % Calculation

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

Cohort's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )=Gross Profit (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=64.9 / 182.713
=(Revenue - Cost of Goods Sold) / Revenue
=(182.713 - 117.852) / 182.713
=35.50 %

Cohort's Gross Margin for the quarter that ended in Oct. 2023 is calculated as


Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=31.2 / 94.304
=(Revenue - Cost of Goods Sold) / Revenue
=(94.304 - 63.154) / 94.304
=33.03 %

* 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.


Cohort  (LSE:CHRT) 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

Cohort had a gross margin of 33.03% for the quarter that ended in Oct. 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.


Cohort Gross Margin % Related Terms

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


Cohort (LSE:CHRT) Business Description

Traded in Other Exchanges
Address
One Waterside Drive, Arlington Business Park, Theale, Reading, GBR, RG7 4SW
Cohort PLC is a holding company. It is engaged in providing services to customers in defense, security, and related markets. The company's operating segments include Chess; EID; ELAC; MASS; MCL and SEA. It generates maximum revenue from the MASS segment. Geographically, it derives the majority of its revenue from the UK and has a presence in Portugal and other EC countries including NATO, Asia Pacific, Africa, and North and South America. The company earns the majority of its revenue from market segment C4ISTAR followed by Combat systems and Cybersecurity and secure networks.

Cohort (LSE:CHRT) Headlines

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