Isle of Capri Casinos (Isle of Capri Casinos) Gross Margin % : 47.38% (As of Jan. 2017)

Isle of Capri Casinos Gross Margin % Chart

Isle of Capri Casinos Annual Data
	Trend	Apr07	Apr08	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16
Gross Margin %		Get a 7-Day Free Trial					47.83	46.55	45.32	45.61	46.45

Isle of Capri Casinos Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
Gross Margin %	Get a 7-Day Free Trial															46.50	45.87	46.35	47.66	47.38

Competitive Comparison of Isle of Capri Casinos's Gross Margin %

For the Resorts & Casinos subindustry, Isle of Capri Casinos'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.

Isle of Capri Casinos's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Isle of Capri Casinos's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Isle of Capri Casinos's Gross Margin % falls into.

Isle of Capri Casinos Gross Margin % Calculation

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

Isle of Capri Casinos's Gross Margin for the fiscal year that ended in Apr. 2016 is calculated as

Isle of Capri Casinos's Gross Margin for the quarter that ended in Jan. 2017 is calculated as

* 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.

Isle of Capri Casinos  (NAS:ISLE) 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

Isle of Capri Casinos had a gross margin of 47.38% for the quarter that ended in Jan. 2017 => 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.

Isle of Capri Casinos Gross Margin % Related Terms

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

Isle of Capri Casinos (Isle of Capri Casinos) Business Description