BlueScope SteelBLSFY 80 Gross Margin % is 39.18% as of Dec. 2025, which is 4% below its 10-year median of 40.92. GuruFocus rates BLSFY with a GF Score™ of 80/100 and a GF Value™ of $75.72 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 598 Steel companies, BlueScope Steel ranks better than 89.8% on this metric.
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
BlueScope Steel had a gross margin of 39.18% for the quarter that ended in Dec. 2025 => 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.
BlueScope Steel Gross Margin % Related Terms
BlueScope Steel Gross Margin % Historical Data
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The historical data trend for BlueScope Steel'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.
For the Steel subindustry, BlueScope Steel'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.
BlueScope Steel Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, BlueScope Steel's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BlueScope Steel'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.
BlueScope Steel (BLSFY) has a Gross Margin % of 39.18% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on BlueScope Steel and its competitors. This is near median its historical median of 40.92. Over the past decade, BlueScope Steel's Gross Margin % has ranged from 36.44 to 45.40. According to the industry distribution chart, BlueScope Steel ranks #61 out of 598 companies in the Steel industry, placing it in the top 10.2%.
Is BlueScope Steel's Gross Margin % too high?
BlueScope Steel's current Gross Margin % of 39.18% is near median its 10-year median of 40.92. Over the past 10 years, this metric has ranged from a low of 36.44 to a high of 45.40. The Steel industry median Gross Margin % is 12.61. BlueScope Steel's value of 39.18% is 210.7% above this industry median. Based on the distribution chart, BlueScope Steel ranks #61 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, BlueScope Steel has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlueScope Steel's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, BlueScope Steel ranks #61 out of 598 companies for Gross Margin %. This places BlueScope Steel in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.61. BlueScope Steel's value of 39.18% is 210.7% above this benchmark. Historically, BlueScope Steel's own Gross Margin % has ranged from 36.44 to 45.40 over the past decade. While the company's 10-year median is 40.92 vs. the industry median of 12.61, BlueScope Steel 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 Steel company?
The median Gross Margin % among Steel companies is 12.61, based on 598 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. BlueScope Steel's current Gross Margin % of 39.18% is 210.7% 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 BlueScope Steel and its competitors. For the Steel industry, the median Gross Margin % is 12.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueScope Steel's current Gross Margin % is 39.18%, which is near median its own 10-year median of 40.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueScope Steel stock overvalued right now?
Based on GuruFocus' analysis, BlueScope Steel (BLSFY) is currently considered Significantly Overvalued. The stock's GF Value™ is $75.72, compared to a current price of $121.37 — trading 60.3% above its estimated fair value. The current Gross Margin % is 39.18%, which is near median its 10-year median of 40.92 and 210.7% above the Steel industry median of 12.61. BlueScope Steel's overall GF Score™ is 80/100 with 9 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 BlueScope Steel (BLSFY), the current Gross Margin % is 39.18% 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 BlueScope Steel (BLSFY) Overvalued in 2026?
Based on GuruFocus' analysis, BlueScope Steel stock appears to be overvalued.
The current stock price of $121.37 is trading 60.3% above its estimated GF Value™ of $75.72.
GuruFocus considers BlueScope Steel to be Significantly Overvalued.
Key valuation signals for BLSFY:
Gross Margin %: 39.18% (near median its 10-year median of 40.92)
GF Value™: $75.72 vs. price of $121.37 (60.3% above fair value)
Industry Position: 210.7% above the Steel median (#61 of 598)
No single metric tells the full story. See the BLSFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlueScope is an Australia-based steelmaker with five business units. The Australian steel products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's US minimill, specializing in the production of hot rolled coil for US construction and automotive sectors. Building products Asia operates across Southeast Asia, China, and India, and the US building and coated products North America is involved in metal coating and painting, and the supply to nonresidential construction projects using BlueScope's materials. New Zealand steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands.
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