GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MLP SE (OTCPK:MLPKF) » Definitions » Gross Margin %

MLP SE (MLP SE) Gross Margin % : 34.19% (As of Dec. 2023)


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

What is MLP SE Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MLP SE's Gross Profit for the three months ended in Dec. 2023 was $105 Mil. MLP SE's Revenue for the three months ended in Dec. 2023 was $308 Mil. Therefore, MLP SE's Gross Margin % for the quarter that ended in Dec. 2023 was 34.19%.


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

MLPKF' s Gross Margin % Range Over the Past 10 Years
Min: 28.44   Med: 31.6   Max: 36.98
Current: 31.68


During the past 13 years, the highest Gross Margin % of MLP SE was 36.98%. The lowest was 28.44%. And the median was 31.60%.

MLPKF's Gross Margin % is ranked worse than
67.23% of 537 companies
in the Asset Management industry
Industry Median: 51.39 vs MLPKF: 31.68

MLP SE had a gross margin of 34.19% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MLP SE was 0.30% per year.


MLP SE Gross Margin % Historical Data

The historical data trend for MLP SE'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.

MLP SE Gross Margin % Chart

MLP SE 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 30.66 31.19 31.85 30.61 31.83

MLP SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.63 33.43 28.05 29.79 34.19

Competitive Comparison of MLP SE's Gross Margin %

For the Asset Management subindustry, MLP SE'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.


MLP SE's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MLP SE's Gross Margin % distribution charts can be found below:

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



MLP SE Gross Margin % Calculation

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

MLP SE'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 )
=335.7 / 1054.707
=(Revenue - Cost of Goods Sold) / Revenue
=(1054.707 - 719.025) / 1054.707
=31.83 %

MLP SE'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 )
=105.3 / 308.106
=(Revenue - Cost of Goods Sold) / Revenue
=(308.106 - 202.778) / 308.106
=34.19 %

* 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.


MLP SE  (OTCPK:MLPKF) 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

MLP SE had a gross margin of 34.19% 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.


MLP SE Gross Margin % Related Terms

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


MLP SE (MLP SE) Business Description

Traded in Other Exchanges
Address
Alte Heerstrasse 40, Wiesloch, BW, DEU, D-69168
MLP SE is a Germany-based holding company which provides consultation that covers all economic and financial aspects for private and corporate clients, as well as institutional investors such as old-age provision, wealth management, health insurance, non-life insurance, loans, banking, among others. The company has seven business segments namely, Financial consulting; Banking; FERI; DOMCURA; Industrial Broker; Deutschland.Immobilien and Holding.

MLP SE (MLP SE) Headlines

From GuruFocus

Q3 2020 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q2 2019 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Full Year 2020 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q1 2022 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Full Year 2019 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q1 2023 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q2 2020 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q3 2022 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q2 2022 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q1 2021 MLP SE Earnings Call Transcript

By GuruFocus Research 03-05-2024