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Atacadao (BSP:CRFB3) Gross Margin % : 19.15% (As of Mar. 2024)


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What is Atacadao Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Atacadao's Gross Profit for the three months ended in Mar. 2024 was R$5,047 Mil. Atacadao's Revenue for the three months ended in Mar. 2024 was R$26,351 Mil. Therefore, Atacadao's Gross Margin % for the quarter that ended in Mar. 2024 was 19.15%.

Warning Sign:

Atacadao SA gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


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

BSP:CRFB3' s Gross Margin % Range Over the Past 10 Years
Min: 18.81   Med: 20.11   Max: 20.97
Current: 18.93


During the past 10 years, the highest Gross Margin % of Atacadao was 20.97%. The lowest was 18.81%. And the median was 20.11%.

BSP:CRFB3's Gross Margin % is ranked worse than
62.14% of 309 companies
in the Retail - Defensive industry
Industry Median: 22.74 vs BSP:CRFB3: 18.93

Atacadao had a gross margin of 19.15% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Atacadao was -2.30% per year.


Atacadao Gross Margin % Historical Data

The historical data trend for Atacadao'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.

Atacadao Gross Margin % Chart

Atacadao 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 20.73 19.55 19.13 19.10 18.81

Atacadao Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.63 18.61 18.97 18.99 19.15

Competitive Comparison of Atacadao's Gross Margin %

For the Food Distribution subindustry, Atacadao'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.


Atacadao's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Atacadao's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Atacadao's Gross Margin % falls into.



Atacadao Gross Margin % Calculation

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

Atacadao'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 )
=20661 / 109859
=(Revenue - Cost of Goods Sold) / Revenue
=(109859 - 89198) / 109859
=18.81 %

Atacadao's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=5047 / 26351
=(Revenue - Cost of Goods Sold) / Revenue
=(26351 - 21304) / 26351
=19.15 %

* 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.


Atacadao  (BSP:CRFB3) 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

Atacadao had a gross margin of 19.15% for the quarter that ended in Mar. 2024 => 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.


Atacadao Gross Margin % Related Terms

Thank you for viewing the detailed overview of Atacadao's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Atacadao (BSP:CRFB3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Morvan Dias de Figueiredo, No. 6.169, Vila Maria Baixa, Sao Paulo, SP, BRA, CEP 02178-000
Atacadao SA has three operating segments. The Retail segment comprises the operations of Carrefour-branded hypermarket, supermarket, and convenience store formats as well as drugstores, gas stations and e-commerce platforms for the sale of non-food goods. The Cash and Carry segment, which is the key revenue driver, comprises the operations of wholesale and cash carry stores that operate under the Atacadao brand. The Financial Solutions segment provides credit cards and consumer financing to its customers. Substantially, all of the group's revenues are derived from operations in Brazil.

Atacadao (BSP:CRFB3) Headlines

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