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Endeavor Group Holdings (Endeavor Group Holdings) Gross Margin % : 59.22% (As of Dec. 2023)


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Gross Margin % is calculated as gross profit divided by its revenue. Endeavor Group Holdings's Gross Profit for the three months ended in Dec. 2023 was $937 Mil. Endeavor Group Holdings's Revenue for the three months ended in Dec. 2023 was $1,583 Mil. Therefore, Endeavor Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 59.22%.


The historical rank and industry rank for Endeavor Group Holdings's Gross Margin % or its related term are showing as below:

EDR' s Gross Margin % Range Over the Past 10 Years
Min: 48.85   Med: 53.8   Max: 60.79
Current: 59.03


During the past 8 years, the highest Gross Margin % of Endeavor Group Holdings was 60.79%. The lowest was 48.85%. And the median was 53.80%.

EDR's Gross Margin % is ranked better than
75.41% of 964 companies
in the Media - Diversified industry
Industry Median: 38.675 vs EDR: 59.03

Endeavor Group Holdings had a gross margin of 59.22% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Endeavor Group Holdings was 3.50% per year.


Endeavor Group Holdings Gross Margin % Historical Data

The historical data trend for Endeavor Group Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Endeavor Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 49.17 49.83 48.85 60.79 59.03

Endeavor Group Holdings Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.17 54.64 59.34 63.71 59.22

Competitive Comparison

For the Entertainment subindustry, Endeavor Group Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Endeavor Group Holdings Gross Margin % Distribution

For the Media - Diversified industry and Communication Services sector, Endeavor Group Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Endeavor Group Holdings's Gross Margin % falls into.



Endeavor Group Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Endeavor Group Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3518.5 / 5960.157
=(Revenue - Cost of Goods Sold) / Revenue
=(5960.157 - 2441.619) / 5960.157
=59.03 %

Endeavor Group Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=937.3 / 1582.713
=(Revenue - Cost of Goods Sold) / Revenue
=(1582.713 - 645.437) / 1582.713
=59.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Endeavor Group Holdings  (NYSE:EDR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Endeavor Group Holdings had a gross margin of 59.22% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Endeavor Group Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Endeavor Group Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Endeavor Group Holdings (Endeavor Group Holdings) Business Description

Traded in Other Exchanges
Address
9601 Wilshire Boulevard, 3rd Floor, Beverly Hills, CA, USA, 90210
Endeavor Group Holdings Inc is an entertainment, sports and content company. It offers services through its integrated capabilities of talent representation, content development, content distribution and sales, event management, marketing and licensing, and direct-to-consumer offerings. It operates its business in three segments: Owned Sports Properties; Events, Experiences & Rights; and Representation.
Executives
William K. Fullerton officer: Global Controller and CAO C/O ENDEARVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Seth D Krauss officer: Chief Legal Officer C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 222 BROADWAY, NEW YORK NY 10012
Jason Lublin officer: Chief Financial Officer C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Mark S Shapiro officer: President C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Ariel Emanuel director, 10 percent owner, officer: Chief Executive Officer C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD, SUITE 400, BONITA SPRINGS FL 34134
Patrick Whitesell director, 10 percent owner, officer: Executive Chairman 11601 WILSHIRE BOULEVARD, SUITE 1600, LOS ANGELES CA 90025
Christian Muirhead officer: Chief Communications Officer C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Jacqueline D Reses director C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Silver Lake West Voteco, L.l.c. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco Ii, L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Ursula M Burns director 200 SE MIZNER BLVD, UNIT 703, BOCA RATON FL 33432
Kerry D Chandler officer: Chief Human Resources Officer 1020 HULL STREET, BALTIMORE MD 21230
Silver Lake Technology Investors Iv (delaware Ii), L.p. director, 10 percent owner C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Associates Vi, L.p. director, 10 percent owner C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025