Res SpA (MIL:RES) Gross Margin % : 36.02% (As of Dec. 2023)

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What is Res SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Res SpA's Gross Profit for the six months ended in Dec. 2023 was €3.47 Mil. Res SpA's Revenue for the six months ended in Dec. 2023 was €9.64 Mil. Therefore, Res SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 36.02%.

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

MIL:RES' s Gross Margin % Range Over the Past 10 Years
Min: 33.17 Med: 35.93 Max: 40.38
Current: 35.94

During the past 3 years, the highest Gross Margin % of Res SpA was 40.38%. The lowest was 33.17%. And the median was 35.93%.

MIL:RES's Gross Margin % is ranked better than
64.73% of 224 companies
in the Waste Management industry
Industry Median: 28.41 vs MIL:RES: 35.94

Res SpA had a gross margin of 36.02% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Res SpA was 0.00% per year.

Res SpA Gross Margin % Historical Data

The historical data trend for Res SpA'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.

Res SpA Gross Margin % Chart

Res SpA Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

40.38

33.17

35.93

Res SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	-	34.89	32.06	35.85	36.02

Competitive Comparison of Res SpA's Gross Margin %

For the Waste Management subindustry, Res SpA'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.

Res SpA's Gross Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Res SpA's Gross Margin % distribution charts can be found below:

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

Res SpA Gross Margin % Calculation

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

Res SpA'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 )
	=	6.9	/	19.183
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(19.183 - 12.29)	/	19.183
	=	35.93 %

Res SpA's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3.5	/	9.641
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.641 - 6.168)	/	9.641
	=	36.02 %

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.

Res SpA (MIL:RES) 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

Res SpA had a gross margin of 36.02% for the quarter that ended in Dec. 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.

Res SpA Gross Margin % Related Terms

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Res SpA (MIL:RES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Res SpA (MIL:RES) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pettoranello del Molise, Zona Industriale, ITA, 86090

Website

https://www.recuperoeticosostenibile.it

Res SpA operates in the waste sector. The business activity is mainly focused on the collection and sorting of materials. The company deals with the entire waste management process from selection to functional treatment and transformation to the regeneration and recovery of waste and reuse as production raw materials.