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Bridgestone Corp
OTC:BRDCY

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Bridgestone Corp
OTC:BRDCY
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Price: 11.85 USD 0.25% Market Closed
Market Cap: $16.2B

Gross Margin

38.5%
Current
Declining
by 0.1%
vs 3-y average of 38.6%

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
38.5%
=
Gross Profit
¥1.7T
/
Revenue
¥4.4T

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
38.5%
=
Gross Profit
$1.7T
/
Revenue
¥4.4T

Peer Comparison

Country Company Market Cap Gross
Margin
JP
Bridgestone Corp
TSE:5108
4.6T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
23.6B EUR
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JP
Yokohama Rubber Co Ltd
TSE:5101
1.3T JPY
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IT
Pirelli & C SpA
MIL:PIRC
6.3B EUR
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CN
Sailun Group Co Ltd
SSE:601058
50.7B CNY
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IN
MRF Ltd
NSE:MRF
620.8B INR
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
9.3T KRW
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
482.7B INR
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JP
Toyo Tire Corp
TSE:5105
729.2B JPY
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JP
Sumitomo Rubber Industries Ltd
TSE:5110
713.6B JPY
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CN
Anhui Zhongding Sealing Parts Co Ltd
SZSE:000887
28.1B CNY
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Market Distribution

In line with most companies in Japan
Percentile
65th
Based on 6 625 companies
65th percentile
38.5%
Low
-179.8% — 21.8%
Typical Range
21.8% — 42.3%
High
42.3% — 18 197.9%
Distribution Statistics
Japan
Min -179.8%
30th Percentile 21.8%
Median 30.6%
70th Percentile 42.3%
Max 18 197.9%

Bridgestone Corp
Glance View

Bridgestone Corporation, a venerable titan in the automotive industry, has long outpaced its origins, dating back to its founding in 1931 by Shojiro Ishibashi. Initially a relatively small venture in Kurume, Japan, Ishibashi's vision was firmly set on creating a globally recognized brand. Over the decades, Bridgestone not only expanded its product range but also secured its place as the world's largest tire and rubber company. This growth wasn't mere happenstance but was driven by a potent combination of relentless innovation and strategic acquisitions, such as the pivotal 1988 purchase of Firestone Tire and Rubber Company, which significantly expanded its footprint in the American market. The company's business model revolves primarily around the design, production, and sale of a myriad of tire products, encompassing everything from those fitted on passenger vehicles to heavy-duty tires used in mining and construction. Bridgestone's revenue stream flows from more than just tire sales; the corporation also thrives in providing diverse solutions through its engineered products division, offering industrial materials and equipment. Additionally, Bridgestone has been steering towards a future defined by sustainability, investing in technologies to produce eco-friendly tires and materials. The company's success is deeply rooted in its ability to adapt and foresee automotive trends, allowing it to maintain a resilient edge in a competitive landscape.

BRDCY Intrinsic Value
14.1 USD
Undervaluation 16%
Intrinsic Value
Price
What is 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.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
38.5%
=
Gross Profit
¥1.7T
/
Revenue
¥4.4T
What is Bridgestone Corp's current Gross Margin?

The current Gross Margin for Bridgestone Corp is 38.5%, which is below its 3-year median of 38.6%.

How has Gross Margin changed over time?

Over the last 3 years, Bridgestone Corp’s Gross Margin has decreased from 38.8% to 38.5%. During this period, it reached a low of 38.3% on Dec 31, 2023 and a high of 39.1% on Sep 30, 2024.

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