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Teixeira Duarte (STU:TXC2) Gross Margin % : 70.70% (As of Dec. 2023)


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What is Teixeira Duarte Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Teixeira Duarte's Gross Profit for the six months ended in Dec. 2023 was €277.5 Mil. Teixeira Duarte's Revenue for the six months ended in Dec. 2023 was €392.5 Mil. Therefore, Teixeira Duarte's Gross Margin % for the quarter that ended in Dec. 2023 was 70.70%.


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

STU:TXC2' s Gross Margin % Range Over the Past 10 Years
Min: 60.45   Med: 68.91   Max: 74.72
Current: 72.4


During the past 13 years, the highest Gross Margin % of Teixeira Duarte was 74.72%. The lowest was 60.45%. And the median was 68.91%.

STU:TXC2's Gross Margin % is ranked better than
95.78% of 1613 companies
in the Construction industry
Industry Median: 19.33 vs STU:TXC2: 72.40

Teixeira Duarte had a gross margin of 70.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Teixeira Duarte was -0.10% per year.


Teixeira Duarte Gross Margin % Historical Data

The historical data trend for Teixeira Duarte'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.

Teixeira Duarte Gross Margin % Chart

Teixeira Duarte 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 74.72 69.41 66.86 68.48 72.40

Teixeira Duarte Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 62.04 69.55 67.57 74.17 70.70

Competitive Comparison of Teixeira Duarte's Gross Margin %

For the Engineering & Construction subindustry, Teixeira Duarte'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.


Teixeira Duarte's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Teixeira Duarte's Gross Margin % distribution charts can be found below:

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



Teixeira Duarte Gross Margin % Calculation

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

Teixeira Duarte'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 )
=555.5 / 767.249
=(Revenue - Cost of Goods Sold) / Revenue
=(767.249 - 211.799) / 767.249
=72.40 %

Teixeira Duarte'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 )
=277.5 / 392.474
=(Revenue - Cost of Goods Sold) / Revenue
=(392.474 - 114.983) / 392.474
=70.70 %

* 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.


Teixeira Duarte  (STU:TXC2) 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

Teixeira Duarte had a gross margin of 70.70% 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.


Teixeira Duarte Gross Margin % Related Terms

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Teixeira Duarte (STU:TXC2) Business Description

Traded in Other Exchanges
Address
Lagoas Park, Edificio 2, Porto Salvo, Oeiras, PRT, 2740-265
Teixeira Duarte SA is engaged in the business of the undertaking and management of investments, the coordination and supervision of other companies included in or related to its corporate group, operating in areas of strategic and organizational planning as well as the provision of administrative, and management, consulting, operational assistance in terms of human resources, technical and financial services in which the company has the stake. The firm has in construction, concessions and services, real estate, hospitality, distribution and automotive business sectors. The company operates in Portugal, Angola, Algeria, Brazil, Spain, France, Morocco, Mozambique, and Venezuela.

Teixeira Duarte (STU:TXC2) Headlines

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