Mainfreight Ltd
OTC:MFGHF
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 |
||
|---|---|---|---|---|---|
| NZ |
|
Mainfreight Ltd
NZX:MFT
|
6.4B NZD |
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|
| US |
|
United Parcel Service Inc
NYSE:UPS
|
98.2B USD |
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|
|
| US |
|
FedEx Corp
NYSE:FDX
|
91B USD |
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|
|
| DE |
|
Deutsche Post AG
XETRA:DPW
|
53.3B EUR |
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|
| DK |
|
DSV A/S
CSE:DSV
|
377.3B DKK |
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|
|
| CN |
|
S.F. Holding Co Ltd
SZSE:002352
|
188.4B CNY |
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|
| US |
|
CH Robinson Worldwide Inc
NASDAQ:CHRW
|
21B USD |
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|
|
| US |
|
Expeditors International of Washington Inc
NYSE:EXPD
|
19.4B USD |
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|
| CN |
|
ZTO Express (Cayman) Inc
HKEX:2057
|
153.1B HKD |
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|
| KR |
|
Hyundai Glovis Co Ltd
KRX:086280
|
19.8T KRW |
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|
| CN |
|
J&T Global Express Ltd
F:J92
|
9.8B EUR |
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|
Market Distribution
| Min | -127.6% |
| 30th Percentile | 37.1% |
| Median | 51% |
| 70th Percentile | 64.7% |
| Max | 107.2% |
Other Profitability Ratios
Mainfreight Ltd
Glance View
Mainfreight Ltd., a global logistics powerhouse, began its journey in 1978 in New Zealand's city of Auckland. What started as a domestic freight forwarder has evolved into an international player with operations spanning Asia, Europe, and the Americas. Their remarkable expansion is rooted in the simple yet profound philosophy of treating customers as business partners, focusing on personalized customer service and efficient supply chain management. The company's distinctive culture, characterized by a flat organizational structure, thrives on quick decision-making and a strong team-centric ethos. Mainfreight's business operations encompass three core segments: domestic transport, air and ocean freight, and warehousing, each designed to streamline the supply chain and offer integrated services tailored to customer needs. The company's income streams are diverse, yet interconnected. Their road transport services focus on local distribution within countries, while air and ocean freight operations capitalize on the global movement of goods, enabling businesses to reach international markets efficiently. Mainfreight's warehousing solutions offer value-added services such as inventory management, order fulfillment, and just-in-time distribution, which enhance supply chain visibility and control. These services are designed to reduce clients' operational burdens and improve their logistics efficiency. Over the years, Mainfreight's ability to innovate and adapt its service offerings has fortified its position in a competitive industry, allowing it to consistently grow its revenues and establish long-term customer relationships.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Mainfreight Ltd is 43%, which is above its 3-year median of 42.5%.
Over the last 3 years, Mainfreight Ltd’s Gross Margin has increased from 36.1% to 43%. During this period, it reached a low of 36.1% on Sep 30, 2022 and a high of 44.4% on Mar 31, 2024.