Accent Group (ASX:AX1) Gross Margin %: 53.24% (As of Dec. 2025) — Near Median


ASX:AX1 Accent Group Ltd ASX:AX1
78 GF Score
Price A$0.70
GF Value A$1.97
Valuation Possible Value Trap
! 7 Warning Signs
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What is Accent Group Gross Margin %?

Accent Group ASX:AX1 78 Gross Margin % is 53.24% as of Dec. 2025, which is 4% below its 10-year median of 55.73. GuruFocus rates ASX:AX1 with a GF Score™ of 78/100 and a GF Value™ of A$1.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Accent Group ranks better than 78.33% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Accent Group's Gross Profit for the six months ended in Dec. 2025 was A$434 Mil. Accent Group's Revenue for the six months ended in Dec. 2025 was A$815 Mil. Therefore, Accent Group's Gross Margin % for the quarter that ended in Dec. 2025 was 53.24%.


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

ASX:AX1' s Gross Margin % Range Over the Past 10 Years
Min: 51.16   Med: 55.73   Max: 57.29
Current: 54.01


During the past 13 years, the highest Gross Margin % of Accent Group was 57.29%. The lowest was 51.16%. And the median was 55.73%.

ASX:AX1's Gross Margin % is ranked better than
78.33% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 36.25 vs ASX:AX1: 54.01

Accent Group had a gross margin of 53.24% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Accent Group was -0.40% per year.


Accent Group  (ASX:AX1) 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

Accent Group had a gross margin of 53.24% for the quarter that ended in Dec. 2025 => 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.


Accent Group Gross Margin % Related Terms


Accent Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Accent Group'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.

Accent Group Gross Margin % Chart

Accent Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.09 55.21 55.99 56.34 55.46

Accent Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 56.97 55.69 55.97 54.89 53.24

ASX:AX1 vs TJX, ROST, BURL: Gross Margin % Comparison

For the Apparel Retail subindustry, Accent Group'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.


Accent Group Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Accent Group's Gross Margin % distribution charts can be found below:

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


ASX:AX1
78GF Score
Accent Group Ltd ASX:AX1
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Accent Group Gross Margin % Calculation

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

Accent Group's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=818.7 / 1476.262
=(Revenue - Cost of Goods Sold) / Revenue
=(1476.262 - 657.56) / 1476.262
=55.46 %

Accent Group's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=433.9 / 815.02
=(Revenue - Cost of Goods Sold) / Revenue
=(815.02 - 381.094) / 815.02
=53.24 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 53.24% mean?
Accent Group (ASX:AX1) has a Gross Margin % of 53.24% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Accent Group and its competitors. This is near median its historical median of 55.73. Over the past decade, Accent Group's Gross Margin % has ranged from 51.16 to 57.29. According to the industry distribution chart, Accent Group ranks #242 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 21.7%.
Is Accent Group's Gross Margin % too high?
Accent Group's current Gross Margin % of 53.24% is near median its 10-year median of 55.73. Over the past 10 years, this metric has ranged from a low of 51.16 to a high of 57.29. The Retail - Cyclical industry median Gross Margin % is 36.25. Accent Group's value of 53.24% is 46.9% above this industry median. Based on the distribution chart, Accent Group ranks #242 out of 1117 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Accent Group has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accent Group's Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Accent Group ranks #242 out of 1117 companies for Gross Margin %. This places Accent Group in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.25. Accent Group's value of 53.24% is 46.9% above this benchmark. Historically, Accent Group's own Gross Margin % has ranged from 51.16 to 57.29 over the past decade. While the company's 10-year median is 55.73 vs. the industry median of 36.25, Accent Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.25, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Accent Group's current Gross Margin % of 53.24% is 46.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Accent Group and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accent Group's current Gross Margin % is 53.24%, which is near median its own 10-year median of 55.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accent Group stock overvalued right now?
Based on GuruFocus' analysis, Accent Group (ASX:AX1) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.97, compared to a current price of A$0.70 — trading 64.5% below its estimated fair value. The current Gross Margin % is 53.24%, which is near median its 10-year median of 55.73 and 46.9% above the Retail - Cyclical industry median of 36.25. Accent Group's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Accent Group (ASX:AX1), the current Gross Margin % is 53.24% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Accent Group (ASX:AX1) Overvalued in 2026?

Based on GuruFocus' analysis, Accent Group stock appears to be undervalued. The current stock price of A$0.70 is trading 64.5% below its estimated GF Value™ of A$1.97. GuruFocus considers Accent Group to be Possible Value Trap.

Key valuation signals for ASX:AX1:

  • Gross Margin %: 53.24% (near median its 10-year median of 55.73)
  • GF Value™: A$1.97 vs. price of A$0.70 (64.5% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 46.9% above the Retail - Cyclical median (#242 of 1117)

No single metric tells the full story. See the ASX:AX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Accent Group Business Description

Address 2/64 Balmain Street, Richmond, Melbourne, VIC, AUS, 3121
Accent Group is a retailer and wholesaler of footwear and apparel. It is the exclusive distributor of range of global brands, including Skechers, Vans, and Doctor Martens in Australia and New Zealand. Accent operates both monobranded stores and multibrand banners, such as Platypus, Hype DC, and The Athlete's Foot. With a network of more than 800 physical stores and 30 websites, Accent is the largest footwear retailer in Australia.
78GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.70
Price
A$1.97
GF Value