Gross Margin - RENK Group AG (XETRA:R3NK) - Alpha Spread
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RENK Group AG
XETRA:R3NK

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RENK Group AG
XETRA:R3NK
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Price: 23.05 EUR -0.52%
Market Cap: 2.3B EUR
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Gross Margin
RENK Group AG

22.5%
Current
22%
Average
37.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.5%
=
Gross Profit
230.3m
/
Revenue
1B

Gross Margin Across Competitors

Country DE
Market Cap 2.3B EUR
Gross Margin
22%
Country US
Market Cap 3.1T USD
Gross Margin
18%
Country UK
Market Cap 3T Zac
Gross Margin
70%
Country CA
Market Cap 540.8B CAD
Gross Margin N/A
Country US
Market Cap 245.5B USD
Gross Margin N/A
Country IN
Market Cap 12.6T INR
Gross Margin
79%
Country NL
Market Cap 87.2B Zac
Gross Margin
65%
Country US
Market Cap 116.9B CAD
Gross Margin N/A
Country US
Market Cap 67.2B USD
Gross Margin
15%
Country ID
Market Cap 752.4T IDR
Gross Margin
44%
Country US
Market Cap 38.4B EUR
Gross Margin
27%

Profitability Report

View the profitability report to see the full profitability analysis for RENK Group AG.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.5%
=
Gross Profit
230.3m
/
Revenue
1B
What is the Gross Margin of RENK Group AG?

Based on RENK Group AG's most recent financial statements, the company has Gross Margin of 22.5%.