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Kurita Water Industries (Kurita Water Industries) Gross Margin % : 35.09% (As of Dec. 2023)


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What is Kurita Water Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kurita Water Industries's Gross Profit for the three months ended in Dec. 2023 was $240 Mil. Kurita Water Industries's Revenue for the three months ended in Dec. 2023 was $683 Mil. Therefore, Kurita Water Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 35.09%.


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

KTWIF' s Gross Margin % Range Over the Past 10 Years
Min: 31.02   Med: 32.54   Max: 36.18
Current: 33.61


During the past 13 years, the highest Gross Margin % of Kurita Water Industries was 36.18%. The lowest was 31.02%. And the median was 32.54%.

KTWIF's Gross Margin % is ranked better than
69.36% of 2937 companies
in the Industrial Products industry
Industry Median: 26.42 vs KTWIF: 33.61

Kurita Water Industries had a gross margin of 35.09% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kurita Water Industries was 2.10% per year.


Kurita Water Industries Gross Margin % Historical Data

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries Gross Margin % Chart

Kurita Water Industries 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 32.12 35.01 35.36 36.18 34.73

Kurita Water Industries 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 35.13 33.12 32.35 33.73 35.09

Competitive Comparison of Kurita Water Industries's Gross Margin %

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kurita Water Industries's Gross Margin % falls into.



Kurita Water Industries Gross Margin % Calculation

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

Kurita Water Industries'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 )
=895.5 / 2578.16
=(Revenue - Cost of Goods Sold) / Revenue
=(2578.16 - 1682.663) / 2578.16
=34.73 %

Kurita Water Industries'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 )
=239.6 / 682.81
=(Revenue - Cost of Goods Sold) / Revenue
=(682.81 - 443.182) / 682.81
=35.09 %

* 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.


Kurita Water Industries  (OTCPK:KTWIF) 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

Kurita Water Industries had a gross margin of 35.09% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Kurita Water Industries Gross Margin % Related Terms

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Kurita Water Industries (Kurita Water Industries) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

Kurita Water Industries (Kurita Water Industries) Headlines

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