Volvo AB
F:VOL1
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| SE |
|
Volvo AB
STO:VOLV B
|
706.4B SEK |
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|
| US |
|
Cummins Inc
NYSE:CMI
|
82.3B USD |
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|
|
| DE |
|
Daimler AG
XETRA:DAI
|
67.5B EUR |
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|
|
| NA |
D
|
DELISTED SECURITIES
NYSE:AAAGY
|
0 USD |
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|
|
| US |
|
Caterpillar Inc
NYSE:CAT
|
354.1B USD |
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|
|
| US |
|
Paccar Inc
NASDAQ:PCAR
|
65.4B USD |
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|
|
| JP |
|
Komatsu Ltd
TSE:6301
|
6.9T JPY |
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|
|
| US |
|
Westinghouse Air Brake Technologies Corp
NYSE:WAB
|
44.5B USD |
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|
|
| KR |
|
Hyundai Heavy Industries Co Ltd
KRX:329180
|
63.4T KRW |
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|
|
| JP |
|
Toyota Industries Corp
TSE:6201
|
6.1T JPY |
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|
| CN |
|
China CSSC Holdings Ltd
SSE:600150
|
273.6B CNY |
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|
Market Distribution
| Min | -855 316.7% |
| 30th Percentile | 30.8% |
| Median | 44.8% |
| 70th Percentile | 66% |
| Max | 113 764.6% |
Other Profitability Ratios
Volvo AB
Glance View
Volvo AB, a venerable name in the heavy-duty vehicle industry, was born in the heart of Sweden, a country known for engineering prowess and innovation. Established in 1927, Volvo's journey has been forged on a steadfast commitment to quality, safety, and the environment. As a titan in the automotive sector, the company's core operations revolve around manufacturing trucks, buses, construction equipment, and marine and industrial engines. Volvo's truck segment, one of its most significant revenue streams, includes renowned brands like Volvo Trucks, Mack, and Renault Trucks, all operating in the global market with a reputation for durability and technological innovation. By focusing on the intersection between robust engineering and sustainability, Volvo emerges as a leader in introducing advanced driver-assistance systems and fuel-efficient, often hybrid technologies, thus marrying traditional manufacturing with modern ecological sensibilities. The company navigates the ever-evolving landscape of the automotive industry through a diversified portfolio. Besides its stronghold in trucks and busses, Volvo has made strategic investments in construction equipment and the development of power solutions, a move that aligns with the rising demand for infrastructure development and sustainable energy sources. Volvo Construction Equipment provides machinery that caters to varied industrial needs, while its engine operations support a plethora of applications, from boats to industrial power generation. The financial arm of the company, Volvo Financial Services, further complements its product range by offering tailored financial solutions to its clients, thereby enhancing both the appeal and accessibility of its products. As Volvo continues its transformative journey towards sustainable transport solutions, its steady growth and adaptability exemplify its role as a cornerstone of the global industrial renaissance.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Volvo AB is 24.4%, which is below its 3-year median of 26.2%.
Over the last 3 years, Volvo AB’s Gross Margin has increased from 23.6% to 24.4%. During this period, it reached a low of 23.6% on Dec 31, 2022 and a high of 27.5% on Jun 30, 2024.