Match Group (LTS:0JZ7) COGS-to-Revenue : 0.30 (As of Mar. 2024)

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What is Match Group COGS-to-Revenue?

Match Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $257 Mil. Its Revenue for the three months ended in Mar. 2024 was $860 Mil.

Match Group's COGS to Revenue for the three months ended in Mar. 2024 was 0.30.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Match Group's Gross Margin % for the three months ended in Mar. 2024 was 70.13%.

Match Group COGS-to-Revenue Historical Data

The historical data trend for Match Group's COGS-to-Revenue 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.

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Match Group COGS-to-Revenue Chart

Match Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.26

0.27

0.28

0.30

0.28

Match Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.30	0.30	0.29	0.24	0.30

Match Group COGS-to-Revenue Calculation

Match Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	954.014	/	3364.504
	=	0.28

Match Group's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	256.742	/	859.647
	=	0.30

Match Group (LTS:0JZ7) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Match Group's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	256.742 / 859.647
	=	70.13 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Match Group COGS-to-Revenue Related Terms

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Match Group (LTS:0JZ7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Match Group Inc (LTS:0JZ7) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MTCH:USA MTCH1:Mexico 4MGN:Germany M1TC34:Brazil MTC2:Austria

Address

8750 North Central Expressway, Suite 1400, Dallas, TX, USA, 75231

Website

https://www.mtch.com

Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).

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