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Koc Holding AS (Koc Holding AS) Gross Margin % : 19.64% (As of Dec. 2023)


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What is Koc Holding AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Koc Holding AS's Gross Profit for the three months ended in Dec. 2023 was $4,852 Mil. Koc Holding AS's Revenue for the three months ended in Dec. 2023 was $24,703 Mil. Therefore, Koc Holding AS's Gross Margin % for the quarter that ended in Dec. 2023 was 19.64%.


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

KHOLY' s Gross Margin % Range Over the Past 10 Years
Min: 10.95   Med: 16.86   Max: 24.12
Current: 23.47


During the past 13 years, the highest Gross Margin % of Koc Holding AS was 24.12%. The lowest was 10.95%. And the median was 16.86%.

KHOLY's Gross Margin % is ranked worse than
53.54% of 480 companies
in the Conglomerates industry
Industry Median: 25.035 vs KHOLY: 23.47

Koc Holding AS had a gross margin of 19.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Koc Holding AS was 10.60% per year.


Koc Holding AS Gross Margin % Historical Data

The historical data trend for Koc Holding AS'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.

Koc Holding AS Gross Margin % Chart

Koc Holding AS 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 14.06 24.12 23.09 23.60 23.47

Koc Holding AS 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 23.73 25.03 26.57 27.45 19.64

Competitive Comparison of Koc Holding AS's Gross Margin %

For the Conglomerates subindustry, Koc Holding AS'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.


Koc Holding AS's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Koc Holding AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Koc Holding AS's Gross Margin % falls into.



Koc Holding AS Gross Margin % Calculation

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

Koc Holding AS'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 )
=12952.9 / 55183.976
=(Revenue - Cost of Goods Sold) / Revenue
=(55183.976 - 42231.047) / 55183.976
=23.47 %

Koc Holding AS'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 )
=4852.3 / 24703.408
=(Revenue - Cost of Goods Sold) / Revenue
=(24703.408 - 19851.102) / 24703.408
=19.64 %

* 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.


Koc Holding AS  (OTCPK:KHOLY) 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

Koc Holding AS had a gross margin of 19.64% for the quarter that ended in Dec. 2023 => No sustainable 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.


Koc Holding AS Gross Margin % Related Terms

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Koc Holding AS (Koc Holding AS) Business Description

Traded in Other Exchanges
Address
Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674
Koc Holding is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The largest segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.

Koc Holding AS (Koc Holding AS) Headlines

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