Servizi Italia SpA (MIL:SRI) Gross Margin % : 55.59% (As of Dec. 2023)

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What is Servizi Italia SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Servizi Italia SpA's Gross Profit for the three months ended in Dec. 2023 was €40.5 Mil. Servizi Italia SpA's Revenue for the three months ended in Dec. 2023 was €72.9 Mil. Therefore, Servizi Italia SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 55.59%.

Warning Sign:

Servizi Italia SpA gross margin has been in long-term decline. The average rate of decline per year is -1.6%.

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

MIL:SRI' s Gross Margin % Range Over the Past 10 Years
Min: 52.5 Med: 57.67 Max: 59.22
Current: 56.84

During the past 13 years, the highest Gross Margin % of Servizi Italia SpA was 59.22%. The lowest was 52.50%. And the median was 57.67%.

MIL:SRI's Gross Margin % is ranked better than
77.24% of 984 companies
in the Business Services industry
Industry Median: 34.595 vs MIL:SRI: 56.84

Servizi Italia SpA had a gross margin of 55.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Servizi Italia SpA was -1.60% per year.

Servizi Italia SpA Gross Margin % Historical Data

The historical data trend for Servizi Italia 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.

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Servizi Italia SpA Gross Margin % Chart

Servizi Italia SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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58.93

56.87

56.30

52.50

55.79

Servizi Italia SpA 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															53.54	56.41	57.68	55.59	57.70

Competitive Comparison of Servizi Italia SpA's Gross Margin %

For the Specialty Business Services subindustry, Servizi Italia 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.

Servizi Italia SpA's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Servizi Italia SpA's Gross Margin % distribution charts can be found below:

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

Servizi Italia SpA Gross Margin % Calculation

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

Servizi Italia 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 )
	=	160.6	/	287.915
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(287.915 - 127.278)	/	287.915
	=	55.79 %

Servizi Italia 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 )
	=	40.5	/	72.868
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(72.868 - 32.36)	/	72.868
	=	55.59 %

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.

Servizi Italia SpA (MIL:SRI) 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

Servizi Italia SpA had a gross margin of 55.59% 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.

Servizi Italia SpA Gross Margin % Related Terms

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Servizi Italia SpA (MIL:SRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Servizi Italia SpA (MIL:SRI) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

SRIm:UK

Address

Via San Pietro 59/B, Castellina di Soragna, ITA, 43019

Website

https://www.servizitaliagroup.com

Servizi Italia SpA is an Italy-based company. Together with its subsidiaries, the firm operates in three segments including Wash hire, Linen sterilisation, and Sterilisation of surgical instruments. Wash hire segment includes planning and provision of integrated hire, reconditioning and logistics services for textile items, mattresses, and accessories. Linen sterilisation includes the planning and rental of sterile medical devices. Sterilisation of surgical instruments includes planning and provision of washing, packaging and sterilisation services for surgical instruments and accessories. The majority of the revenues are generated from the Wash Hire segment. The group operates in Turkey, Brazil, and Italy, out of which the majority of the revenue comes from Italy.