Absolent Air Care Group AB
STO:ABSO
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 |
A
|
Absolent Air Care Group AB
STO:ABSO
|
2.2B SEK |
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|
|
| US |
F
|
Fortune Brands Home & Security Inc
LSE:0IRN
|
740.7B USD |
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|
|
| IE |
|
Trane Technologies PLC
NYSE:TT
|
102B USD |
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|
|
| IE |
|
Johnson Controls International PLC
NYSE:JCI
|
87.9B USD |
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|
|
| US |
|
Carrier Global Corp
NYSE:CARR
|
53.5B USD |
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|
|
| FR |
|
Compagnie de Saint Gobain SA
PAR:SGO
|
42.8B EUR |
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|
|
| SE |
|
Assa Abloy AB
STO:ASSA B
|
426.5B SEK |
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|
|
| JP |
|
Daikin Industries Ltd
TSE:6367
|
5.8T JPY |
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|
|
| CH |
|
Geberit AG
SIX:GEBN
|
21.2B CHF |
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|
|
| US |
|
Lennox International Inc
NYSE:LII
|
19.8B USD |
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|
|
| IE |
K
|
Kingspan Group PLC
ISEQ:KRX
|
15.2B EUR |
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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
Absolent Air Care Group AB
Glance View
Absolent Air Care Group AB engages in the development and manufacture of filtration technology for industrial process air. The company is headquartered in Lidkoeping, Vastra Gotalands and currently employs 473 full-time employees. The company went IPO on 2014-10-16. The firm develops solutions for cleaning process air in different industries. The Company’s air cleaning solutions aim to help production companies to provide clean air to their employees, reduce energy costs and support the productivity. Absolent Air Care operates production facilities in Sweden, the United Kingdom, Germany, Canada and Estonia. The Group has operations in Finland, France, Netherlands, Hong Kong, India, Japan, China, Norway, Switzerland, Sweden, Germany and USA. The firm operates through six market segments; machining, metal fumes, commercial kitchen ventilation, food processing, heavy industry and dust bulk handling.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Absolent Air Care Group AB is 42.8%, which is below its 3-year median of 43.3%.
Over the last 3 years, Absolent Air Care Group AB’s Gross Margin has increased from 40.6% to 42.8%. During this period, it reached a low of 40.6% on Sep 30, 2022 and a high of 44.2% on Jun 30, 2024.