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Laurent-Perrier (XPAR:LPE) Gross Margin % : 63.08% (As of Sep. 2023)


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What is Laurent-Perrier Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Laurent-Perrier's Gross Profit for the six months ended in Sep. 2023 was €99.9 Mil. Laurent-Perrier's Revenue for the six months ended in Sep. 2023 was €158.4 Mil. Therefore, Laurent-Perrier's Gross Margin % for the quarter that ended in Sep. 2023 was 63.08%.


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

XPAR:LPE' s Gross Margin % Range Over the Past 10 Years
Min: 45.34   Med: 46.99   Max: 58.85
Current: 58.85


During the past 13 years, the highest Gross Margin % of Laurent-Perrier was 58.85%. The lowest was 45.34%. And the median was 46.99%.

XPAR:LPE's Gross Margin % is ranked better than
80.48% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 39.885 vs XPAR:LPE: 58.85

Laurent-Perrier had a gross margin of 63.08% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Laurent-Perrier was 4.10% per year.


Laurent-Perrier Gross Margin % Historical Data

The historical data trend for Laurent-Perrier'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.

Laurent-Perrier Gross Margin % Chart

Laurent-Perrier Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.69 48.81 50.81 50.79 56.64

Laurent-Perrier Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 54.19 48.33 58.79 54.34 63.08

Competitive Comparison of Laurent-Perrier's Gross Margin %

For the Beverages - Wineries & Distilleries subindustry, Laurent-Perrier'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.


Laurent-Perrier's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Laurent-Perrier's Gross Margin % distribution charts can be found below:

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



Laurent-Perrier Gross Margin % Calculation

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

Laurent-Perrier's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=174.4 / 307.84
=(Revenue - Cost of Goods Sold) / Revenue
=(307.84 - 133.47) / 307.84
=56.64 %

Laurent-Perrier's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=99.9 / 158.42
=(Revenue - Cost of Goods Sold) / Revenue
=(158.42 - 58.49) / 158.42
=63.08 %

* 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.


Laurent-Perrier  (XPAR:LPE) 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

Laurent-Perrier had a gross margin of 63.08% for the quarter that ended in Sep. 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.


Laurent-Perrier Gross Margin % Related Terms

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Laurent-Perrier (XPAR:LPE) Business Description

Traded in Other Exchanges
Address
32, Avenue de Champagne, Tours-sur-Marne, FRA, F-51150
Laurent-Perrier is a French company which is active in the production and sale of champagne. The company's products are sold under four main brands namely LaurentPerrier, Salon, Delamotte, and Champagne de Castellane. It exports its products through specialized distribution channels such as cafes, hotels and restaurants, wine merchants, and direct sales. The company has organized its business into three different types of entity i.e. champagne houses including Champagne Laurent Perrier and Champagne de Castellane; distribution subsidiaries or subsidiaries or branches in France and several foreign markets and vineyards, held either directly through real-estate companies. The company generates its revenue through wholesale sales to distributors and agents and retail sales.

Laurent-Perrier (XPAR:LPE) Headlines

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