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Monarch Cement Co (Monarch Cement Co) Gross Margin % : 37.30% (As of Sep. 2023)


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What is Monarch Cement Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Monarch Cement Co's Gross Profit for the three months ended in Sep. 2023 was $27.11 Mil. Monarch Cement Co's Revenue for the three months ended in Sep. 2023 was $72.70 Mil. Therefore, Monarch Cement Co's Gross Margin % for the quarter that ended in Sep. 2023 was 37.30%.


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

MCEM' s Gross Margin % Range Over the Past 10 Years
Min: 13.17   Med: 20.07   Max: 37.3
Current: 37.3


During the past 13 years, the highest Gross Margin % of Monarch Cement Co was 37.30%. The lowest was 13.17%. And the median was 20.07%.

MCEM's Gross Margin % is ranked better than
79.14% of 374 companies
in the Building Materials industry
Industry Median: 24.82 vs MCEM: 37.30

Monarch Cement Co had a gross margin of 37.30% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Monarch Cement Co was 11.30% per year.


Monarch Cement Co Gross Margin % Historical Data

The historical data trend for Monarch Cement Co'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.

Monarch Cement Co Gross Margin % Chart

Monarch Cement Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.22 21.07 22.12 27.29 29.17

Monarch Cement Co Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep22 Sep23
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 23.20 2.11 31.04 34.07 37.30

Competitive Comparison of Monarch Cement Co's Gross Margin %

For the Building Materials subindustry, Monarch Cement Co'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.


Monarch Cement Co's Gross Margin % Distribution in the Building Materials Industry

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

* The bar in red indicates where Monarch Cement Co's Gross Margin % falls into.



Monarch Cement Co Gross Margin % Calculation

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

Monarch Cement Co's Gross Margin for the fiscal year that ended in Dec. 2017 is calculated as

Gross Margin % (A: Dec. 2017 )=Gross Profit (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=49 / 168.08
=(Revenue - Cost of Goods Sold) / Revenue
=(168.08 - 119.053) / 168.08
=29.17 %

Monarch Cement Co's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=27.1 / 72.699
=(Revenue - Cost of Goods Sold) / Revenue
=(72.699 - 45.585) / 72.699
=37.30 %

* 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.


Monarch Cement Co  (OTCPK:MCEM) 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

Monarch Cement Co had a gross margin of 37.30% for the quarter that ended in Sep. 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.


Monarch Cement Co Gross Margin % Related Terms

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Monarch Cement Co (Monarch Cement Co) Business Description

Traded in Other Exchanges
N/A
Address
449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900
Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

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