The historical rank and industry rank for Endeavour Group's Gross Margin % or its related term are showing as below:
ASX:EDV'
s Gross Margin % Range Over the Past 10 Years
Min: 31.3 Med: 31.63 Max: 34.24
Current: 34.24
During the past 3 years, the highestGross Margin % of Endeavour Group was 34.24%. The lowest was 31.30%. And the median was 31.63%.
ASX:EDV's Gross Margin % is ranked worse than 64.59% of 209
companies
in the Beverages - Alcoholic industry
Industry Median: 39.77
vs ASX:EDV: 34.24
Endeavour Group had a gross margin of 34.38% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Endeavour Group was 0.00% per year.
Endeavour Group Gross Margin % Historical Data
The historical data trend for Endeavour 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.
Competitive Comparison of Endeavour Group's Gross Margin %
For the Beverages - Wineries & Distilleries subindustry, Endeavour 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.
Endeavour Group's Gross Margin % Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Endeavour Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Endeavour Group's Gross Margin % falls into.
* 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.
Endeavour Group (ASX:EDV) 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
Endeavour Group had a gross margin of 34.38% for the quarter that ended in Dec. 2023 => Competition eroding margins
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.
Endeavour Group Gross Margin % Related Terms
Thank you for viewing the detailed overview of Endeavour Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Endeavour Group Ltd is an investment in wide-moat-rated Endeavour Group provides investors with exposure to one of the well-entrenched dividend-paying businesses in the Australian retail landscape. Following decades of enduring organic growth through store rollouts, Endeavour's off-premises retail segment—with more than 1,600 retail outlets mainly across its Dan Murphy's and BWS brands—accounts for approximately half of all off-premises retail liquor sales within Australia. Endeavour's immense scale in the off-premises retail segment is unrivaled within Australia. Indeed, Endeavour's sales are almost three times larger than its nearest retail competitor, Coles.
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