Corporate Travel Management (ASX:CTD) Gross Margin %: 98.55% (As of Dec. 2024)


ASX:CTD Corporate Travel Management Ltd ASX:CTD
8 GF Score
Price A$16.07
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What is Corporate Travel Management Gross Margin %?

Corporate Travel Management ASX:CTD 8 Gross Margin % is 98.55% as of Dec. 2024. GuruFocus rates ASX:CTD with a GF Score™ of 8/100.

Gross Margin % is calculated as gross profit divided by its revenue. Corporate Travel Management's Gross Profit for the six months ended in Dec. 2024 was A$324.2 Mil. Corporate Travel Management's Revenue for the six months ended in Dec. 2024 was A$329.0 Mil. Therefore, Corporate Travel Management's Gross Margin % for the quarter that ended in Dec. 2024 was 98.55%.


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


ASX:CTD's Gross Margin % is not ranked *
in the Travel & Leisure industry.
Industry Median: 44.02
* Ranked among companies with meaningful Gross Margin % only.

Corporate Travel Management had a gross margin of 98.55% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Corporate Travel Management was 0.00% per year.


Corporate Travel Management  (ASX:CTD) 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

Corporate Travel Management had a gross margin of 98.55% for the quarter that ended in Dec. 2024 => 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.


Corporate Travel Management Gross Margin % Related Terms


Corporate Travel Management Gross Margin % Historical Data

* Premium members only.

The historical data trend for Corporate Travel Management'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.

Corporate Travel Management Gross Margin % Chart

Corporate Travel Management Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 95.29 97.46 98.54 98.65

Corporate Travel Management Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 98.16 98.83 98.49 98.81 98.55

ASX:CTD vs TRIP, PRSU, LIND: Gross Margin % Comparison

For the Travel Services subindustry, Corporate Travel Management'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.


Corporate Travel Management Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Corporate Travel Management's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Corporate Travel Management's Gross Margin % falls into.


ASX:CTD
8GF Score
Corporate Travel Management Ltd ASX:CTD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Corporate Travel Management Gross Margin % Calculation

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

Corporate Travel Management's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=698.1 / 707.675
=(Revenue - Cost of Goods Sold) / Revenue
=(707.675 - 9.5759999999999) / 707.675
=98.65 %

Corporate Travel Management's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=324.2 / 329.023
=(Revenue - Cost of Goods Sold) / Revenue
=(329.023 - 4.779) / 329.023
=98.55 %

* 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 98.55% mean?
Corporate Travel Management (ASX:CTD) has a Gross Margin % of 98.55% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Corporate Travel Management and its competitors.
Is Corporate Travel Management's Gross Margin % too high?
Corporate Travel Management's current Gross Margin % is 98.55%. The Travel & Leisure industry median Gross Margin % is 44.02. Corporate Travel Management's value of 98.55% is 123.9% above this industry median. Overall, Corporate Travel Management has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Corporate Travel Management's Gross Margin % compare to TRIP and PRSU?
Corporate Travel Management's Gross Margin % of 98.55% can be compared against companies in the Travel & Leisure industry. The industry median Gross Margin % is 44.02. Corporate Travel Management's value of 98.55% is 123.9% above this benchmark. 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.02, based on 793 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. Corporate Travel Management's current Gross Margin % of 98.55% is 123.9% 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 Corporate Travel Management and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporate Travel Management's current Gross Margin % is 98.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Travel Management stock overvalued right now?
Corporate Travel Management (ASX:CTD) has a current Gross Margin % of 98.55%. The current Gross Margin % is 98.55% and 123.9% above the Travel & Leisure industry median of 44.02. Corporate Travel Management's overall GF Score™ is 8/100. 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 Corporate Travel Management (ASX:CTD), the current Gross Margin % is 98.55% as of Dec. 2024. 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.

Corporate Travel Management Business Description

Address 180 Ann Street, Level 9, Brisbane, QLD, AUS, 4000
Corporate Travel Management provides travel services for businesses and governments across the Americas, Australia and New Zealand, Europe, and Asia. The group has built scale and breadth through both organic growth and acquisitions. Corporate Travel is currently a top-five corporate travel management company globally based total transaction volumes, but it is a relative minnow in the highly fragmented USD 1 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.
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