TripAdvisor's gross profit for the
three
months ended in Mar. 2023 was $342 Mil. TripAdvisor's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $1,478 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. TripAdvisor's gross profit for the
three
months ended in Mar. 2023 was $342 Mil. TripAdvisor's Revenue for the
three
months ended in Mar. 2023 was $371 Mil. Therefore, TripAdvisor's Gross Margin % for the quarter that ended in Mar. 2023 was 92.18%.
TripAdvisor had a gross margin of 92.18% for the quarter that ended in Mar. 2023 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of TripAdvisor was 98.10%. The lowest was 90.89%. And the median was 94.94%.
TripAdvisor Gross Profit Historical Data
The historical data trend for TripAdvisor's Gross Profit 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.
TripAdvisor Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Gross Profit
1,529.00
1,466.00
549.00
828.00
1,376.00
TripAdvisor Quarterly Data
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Gross Profit
240.00
386.00
427.00
323.00
342.00
Competitive Comparison
For the Travel Services subindustry, TripAdvisor's Gross Profit, along with its competitors' market caps and Gross Profit 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.
TripAdvisor Gross Profit Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, TripAdvisor's Gross Profit distribution charts can be found below:
* The bar in red indicates where TripAdvisor's Gross Profit falls in comparison to its industry or sector. The grey bar indicates the Gross Profit's extreme value range as defined by GuruFocus.
TripAdvisor Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
TripAdvisor's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,478 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
TripAdvisor's Gross Margin % for the quarter that ended in Mar. 2023 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.
TripAdvisor (NAS:TRIP) Gross Profit 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
TripAdvisor had a gross margin of 92.18% for the quarter that ended in Mar. 2023 => Durable competitive advantage
TripAdvisor Gross Profit Related Terms
Thank you for viewing the detailed overview of TripAdvisor's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
TripAdvisor is the world's leading travel metasearch company. The website offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2021, 74% of revenue came from the company's core segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 20% of sales in 2021, and TheFork, its dining brand, represented 9% of revenue (about 3% of sales were intersegment, which are eliminated from consolidated revenue).
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