GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Insperity Inc (NYSE:NSP) » Definitions » Gross Margin %

Insperity (Insperity) Gross Margin %

: 14.05% (As of Dec. 2023)
View and export this data going back to 1997. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Insperity's Gross Profit for the three months ended in Dec. 2023 was $222 Mil. Insperity's Revenue for the three months ended in Dec. 2023 was $1,580 Mil. Therefore, Insperity's Gross Margin % for the quarter that ended in Dec. 2023 was 14.05%.

Warning Sign:

Insperity Inc gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


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

NSP' s Gross Margin % Range Over the Past 10 Years
Min: 15.99   Med: 17.01   Max: 18.82
Current: 15.99


During the past 13 years, the highest Gross Margin % of Insperity was 18.82%. The lowest was 15.99%. And the median was 17.01%.

NSP's Gross Margin % is ranked worse than
84.51% of 994 companies
in the Business Services industry
Industry Median: 34.85 vs NSP: 15.99

Insperity had a gross margin of 14.05% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Insperity was -1.90% per year.


Insperity Gross Margin % Historical Data

The historical data trend for Insperity'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.

Insperity Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.99 18.82 16.49 17.03 15.99

Insperity Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 16.18 18.77 14.17 16.63 14.05

Competitive Comparison

For the Staffing & Employment Services subindustry, Insperity'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.


Insperity Gross Margin % Distribution

For the Business Services industry and Industrials sector, Insperity's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Insperity's Gross Margin % falls into.



Insperity Gross Margin % Calculation

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

Insperity'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 )
=1036.8 / 6485.871
=(Revenue - Cost of Goods Sold) / Revenue
=(6485.871 - 5449.068) / 6485.871
=15.99 %

Insperity'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 )
=222.1 / 1580.203
=(Revenue - Cost of Goods Sold) / Revenue
=(1580.203 - 1358.116) / 1580.203
=14.05 %

* 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.


Insperity  (NYSE:NSP) 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

Insperity had a gross margin of 14.05% for the quarter that ended in Dec. 2023 => No sustainable 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.


Insperity Gross Margin % Related Terms

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


Insperity (Insperity) Business Description

Traded in Other Exchanges
Address
19001 Crescent Springs Drive, Kingwood, TX, USA, 77339
Insperity Inc is a company that primarily provides a wide range of human resources and business solutions that help businesses improve their performance. Small and midsize enterprises are the company's primary target customers. Most of the company's products are offered through the company's Workforce Optimization and Workforce Synchronization solutions, which comprise various human resource functions, such as payroll and employment administration, employee benefits and compensation, government compliance, performance management, training and development services, and human capital management. The company generates all of its revenue in the United States.
Executives
Ellen H Masterson director P O BOX 3247, HOUSTON TX 77253-3247
Richard G Rawson director, officer: President C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Arthur A Arizpe officer: EVP of Client Services and COO 19001 CRESCENT SPRINGS DR, C/O INSPERITY, KINGWOOD TX 77339
Paul J Sarvadi director, officer: Chairman of the Board & CEO C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Daniel D Herink officer: SVP Legal, Gen Counsel & Sec 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
James D Allison officer: SVP of Gross Profit Operations C/O INSPERITY, INC., 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John M Morphy director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Douglas S Sharp officer: SVP Finance, CFO & Treasurer C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Tim Clifford director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Jay E Mincks officer: EVP of Sales & Marketing C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Eli Jones director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Randall Mehl director 8620 N DEAN CIR, RIVER HILLS WI 53217
Latha Ramchand director 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John L Lumelleau director 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
Austin P Young director 6200 ARNOT, HOUSTON TX 77007

Insperity (Insperity) Headlines

From GuruFocus

Insperity Second Quarter Earnings Conference Call Monday, August 1

By Business Wire Business Wire 07-22-2022

Insperity and UnitedHealthcare Extend Relationship through 2026

By Business Wire Business Wire 01-03-2022

Insperity Raises Quarterly Dividend by 16%

By Business Wire Business Wire 05-25-2022

Insperity First Quarter Earnings Conference Call Tuesday, April 26

By Business Wire Business Wire 04-18-2022

Insperity Fourth Quarter Earnings Conference Call Thursday, February 10

By Business Wire Business Wire 01-27-2022

Insperity Declares Quarterly Dividend of $0.45

By Business Wire Business Wire 02-24-2022

Insperity Declares Quarterly Dividend of $0.52

By Business Wire Business Wire 08-25-2022