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Conduril - Engenharia (XLIS:CDU) Gross Margin % : 72.59% (As of Dec. 2023)


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What is Conduril - Engenharia Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Conduril - Engenharia's Gross Profit for the six months ended in Dec. 2023 was €133.1 Mil. Conduril - Engenharia's Revenue for the six months ended in Dec. 2023 was €183.4 Mil. Therefore, Conduril - Engenharia's Gross Margin % for the quarter that ended in Dec. 2023 was 72.59%.

Warning Sign:

Conduril - Engenharia SA gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


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

XLIS:CDU' s Gross Margin % Range Over the Past 10 Years
Min: 67.47   Med: 76.21   Max: 83.12
Current: 72.59


During the past 13 years, the highest Gross Margin % of Conduril - Engenharia was 83.12%. The lowest was 67.47%. And the median was 76.21%.

XLIS:CDU's Gross Margin % is ranked better than
95.91% of 1612 companies
in the Construction industry
Industry Median: 19.255 vs XLIS:CDU: 72.59

Conduril - Engenharia had a gross margin of 72.59% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Conduril - Engenharia was -2.20% per year.


Conduril - Engenharia Gross Margin % Historical Data

The historical data trend for Conduril - Engenharia'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.

Conduril - Engenharia Gross Margin % Chart

Conduril - Engenharia 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 75.73 72.89 67.47 69.32 72.59

Conduril - Engenharia Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 75.73 72.89 67.47 69.32 72.59

Competitive Comparison of Conduril - Engenharia's Gross Margin %

For the Engineering & Construction subindustry, Conduril - Engenharia'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.


Conduril - Engenharia's Gross Margin % Distribution in the Construction Industry

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

* The bar in red indicates where Conduril - Engenharia's Gross Margin % falls into.



Conduril - Engenharia Gross Margin % Calculation

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

Conduril - Engenharia'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 )
=133.1 / 183.429
=(Revenue - Cost of Goods Sold) / Revenue
=(183.429 - 50.282) / 183.429
=72.59 %

Conduril - Engenharia'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 )
=133.1 / 183.429
=(Revenue - Cost of Goods Sold) / Revenue
=(183.429 - 50.282) / 183.429
=72.59 %

* 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.


Conduril - Engenharia  (XLIS:CDU) 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

Conduril - Engenharia had a gross margin of 72.59% 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.


Conduril - Engenharia Gross Margin % Related Terms

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Conduril - Engenharia (XLIS:CDU) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Eng. Duarte Pacheco, no. 1835, Ermesinde, PRT, 4445-416
Conduril - Engenharia SA is a civil engineering company. The business activity of the group includes construction of infrastructures including roads, highways, hydraulic installations, underground works, dams, bridges, railway station and among others. Geographically the business activity is carried out through the region of Portugal; however, it also holds a business presence in the region of Angola, Mozambique, Botswana, Cape Verde, Spain, and Morocco.

Conduril - Engenharia (XLIS:CDU) Headlines

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