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Bolsa de Comercio dentiago (XSGO:BOLSASTGO) Gross Margin % : 70.39% (As of Dec. 2023)


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What is Bolsa de Comercio dentiago Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bolsa de Comercio dentiago's Gross Profit for the three months ended in Dec. 2023 was CLP973 Mil. Bolsa de Comercio dentiago's Revenue for the three months ended in Dec. 2023 was CLP1,382 Mil. Therefore, Bolsa de Comercio dentiago's Gross Margin % for the quarter that ended in Dec. 2023 was 70.39%.


The historical rank and industry rank for Bolsa de Comercio dentiago's Gross Margin % or its related term are showing as below:

XSGO:BOLSASTGO' s Gross Margin % Range Over the Past 10 Years
Min: 62.63   Med: 64.12   Max: 66.73
Current: 66.55


During the past 13 years, the highest Gross Margin % of Bolsa de Comercio dentiago was 66.73%. The lowest was 62.63%. And the median was 64.12%.

XSGO:BOLSASTGO's Gross Margin % is ranked better than
69.85% of 607 companies
in the Capital Markets industry
Industry Median: 48.7 vs XSGO:BOLSASTGO: 66.55

Bolsa de Comercio dentiago had a gross margin of 70.39% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bolsa de Comercio dentiago was 1.20% per year.


Bolsa de Comercio dentiago Gross Margin % Historical Data

The historical data trend for Bolsa de Comercio dentiago'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.

Bolsa de Comercio dentiago Gross Margin % Chart

Bolsa de Comercio dentiago 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 62.64 63.47 64.87 64.12 66.73

Bolsa de Comercio dentiago Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 60.88 64.84 61.33 69.08 70.39

Competitive Comparison of Bolsa de Comercio dentiago's Gross Margin %

For the Financial Data & Stock Exchanges subindustry, Bolsa de Comercio dentiago'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.


Bolsa de Comercio dentiago's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Comercio dentiago's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bolsa de Comercio dentiago's Gross Margin % falls into.



Bolsa de Comercio dentiago Gross Margin % Calculation

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

Bolsa de Comercio dentiago'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 )
=6339.1 / 9499.879
=(Revenue - Cost of Goods Sold) / Revenue
=(9499.879 - 3160.793) / 9499.879
=66.73 %

Bolsa de Comercio dentiago'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 )
=973.1 / 1382.482
=(Revenue - Cost of Goods Sold) / Revenue
=(1382.482 - 409.371) / 1382.482
=70.39 %

* 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.


Bolsa de Comercio dentiago  (XSGO:BOLSASTGO) 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

Bolsa de Comercio dentiago had a gross margin of 70.39% 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.


Bolsa de Comercio dentiago Gross Margin % Related Terms

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Bolsa de Comercio dentiago (XSGO:BOLSASTGO) Business Description

Traded in Other Exchanges
N/A
Address
Calle Bandera 63, Santiago, CHL
Bolsa de Comercio de Santiago operates as the main stock exchange in Chile. It facilitates, regulates & monitors trading in equity shares, fixed income securities, futures, options & investment fund units. It offers new financial instruments, such as the creation of shares of transferable funds or ETFs, the Derivatives Market and the Venture Market.

Bolsa de Comercio dentiago (XSGO:BOLSASTGO) Headlines

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