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Nitto Denko Corp
TSE:6988

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Nitto Denko Corp
TSE:6988
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Price: 12 760 JPY -0.66% Market Closed
Updated: May 8, 2024

Gross Margin
Nitto Denko Corp

34.9%
Current
35%
Average
23.7%
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
34.9%
=
Gross Profit
308.7B
/
Revenue
884B

Gross Margin Across Competitors

Country JP
Market Cap 1.8T JPY
Gross Margin
35%
Country US
Market Cap 80.7B USD
Gross Margin
47%
Country JP
Market Cap 11.5T JPY
Gross Margin
39%
Country US
Market Cap 66.6B USD
Gross Margin
42%
Country CH
Market Cap 44.3B CHF
Gross Margin
54%
Country CH
Market Cap 37.6B CHF
Gross Margin
41%
Country CN
Market Cap 285.3B CNY
Gross Margin
17%
Country US
Market Cap 32.8B USD
Gross Margin
35%
Country IN
Market Cap 2.7T INR
Gross Margin
43%
Country US
Market Cap 31.3B USD
Gross Margin
42%
Country CH
Market Cap 28.7B EUR
Gross Margin
25%

Profitability Report

View the profitability report to see the full profitability analysis for Nitto Denko Corp.

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
34.9%
=
Gross Profit
308.7B
/
Revenue
884B
What is the Gross Margin of Nitto Denko Corp?

Based on Nitto Denko Corp's most recent financial statements, the company has Gross Margin of 34.9%.