Track & Field Co (BSP:TFCO4) Gross Margin %: 59.80% (As of Mar. 2026) — Near Median


BSP:TFCO4 Track & Field Co SA BSP:TFCO4
97 GF Score
Price R$15.34
GF Value R$19.01
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Track & Field Co Gross Margin %?

Track & Field Co BSP:TFCO4 +2.47% 97 Gross Margin % is 59.80% as of Mar. 2026, which is 4% above its 10-year median of 57.59. GuruFocus rates BSP:TFCO4 with a GF Score™ of 97/100 and a GF Value™ of R$19.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,113 Retail - Cyclical companies, Track & Field Co ranks better than 82.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Track & Field Co's Gross Profit for the three months ended in Mar. 2026 was R$150 Mil. Track & Field Co's Revenue for the three months ended in Mar. 2026 was R$251 Mil. Therefore, Track & Field Co's Gross Margin % for the quarter that ended in Mar. 2026 was 59.80%.


The historical rank and industry rank for Track & Field Co's Gross Margin % or its related term are showing as below:

BSP:TFCO4' s Gross Margin % Range Over the Past 10 Years
Min: 53.3   Med: 57.59   Max: 61.74
Current: 57.3


During the past 9 years, the highest Gross Margin % of Track & Field Co was 61.74%. The lowest was 53.30%. And the median was 57.59%.

BSP:TFCO4's Gross Margin % is ranked better than
82.93% of 1113 companies
in the Retail - Cyclical industry
Industry Median: 36.37 vs BSP:TFCO4: 57.30

Track & Field Co had a gross margin of 59.80% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Track & Field Co was -0.70% per year.


Track & Field Co  (BSP:TFCO4) 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

Track & Field Co had a gross margin of 59.80% for the quarter that ended in Mar. 2026 => 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.


Track & Field Co Gross Margin % Related Terms


Track & Field Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Track & Field Co'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.

Track & Field Co Gross Margin % Chart

Track & Field Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 59.82 57.59 57.69 56.58 57.46

Track & Field Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.01 57.27 52.76 59.15 59.80

BSP:TFCO4 vs TJX, ROST, BURL: Gross Margin % Comparison

For the Apparel Retail subindustry, Track & Field Co'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.


Track & Field Co Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Track & Field Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Track & Field Co's Gross Margin % falls into.


BSP:TFCO4
97GF Score
Track & Field Co SA BSP:TFCO4
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Track & Field Co Gross Margin % Calculation

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

Track & Field Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=601.3 / 1046.512
=(Revenue - Cost of Goods Sold) / Revenue
=(1046.512 - 445.218) / 1046.512
=57.46 %

Track & Field Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=150.2 / 251.158
=(Revenue - Cost of Goods Sold) / Revenue
=(251.158 - 100.975) / 251.158
=59.80 %

* 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 59.80% mean?
Track & Field Co (BSP:TFCO4) has a Gross Margin % of 59.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Track & Field Co and its competitors. This is near median its historical median of 57.59. Over the past decade, Track & Field Co's Gross Margin % has ranged from 53.30 to 61.74. According to the industry distribution chart, Track & Field Co ranks #190 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 17.1%.
Is Track & Field Co's Gross Margin % too high?
Track & Field Co's current Gross Margin % of 59.80% is near median its 10-year median of 57.59. Over the past 10 years, this metric has ranged from a low of 53.30 to a high of 61.74. The Retail - Cyclical industry median Gross Margin % is 36.37. Track & Field Co's value of 59.80% is 64.4% above this industry median. Based on the distribution chart, Track & Field Co ranks #190 out of 1113 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Track & Field Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Track & Field Co's Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Track & Field Co ranks #190 out of 1113 companies for Gross Margin %. This places Track & Field Co in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.37. Track & Field Co's value of 59.80% is 64.4% above this benchmark. Historically, Track & Field Co's own Gross Margin % has ranged from 53.30 to 61.74 over the past decade. While the company's 10-year median is 57.59 vs. the industry median of 36.37, Track & Field Co 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 36.37, based on 1,113 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. Track & Field Co's current Gross Margin % of 59.80% is 64.4% 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 Track & Field Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track & Field Co's current Gross Margin % is 59.80%, which is near median its own 10-year median of 57.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track & Field Co stock overvalued right now?
Based on GuruFocus' analysis, Track & Field Co (BSP:TFCO4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$19.01, compared to a current price of R$15.34 — trading 19.3% below its estimated fair value. The current Gross Margin % is 59.80%, which is near median its 10-year median of 57.59 and 64.4% above the Retail - Cyclical industry median of 36.37. Track & Field Co's overall GF Score™ is 97/100 with 2 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 Track & Field Co (BSP:TFCO4), the current Gross Margin % is 59.80% as of Mar. 2026. 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 Track & Field Co (BSP:TFCO4) Overvalued in 2026?

Based on GuruFocus' analysis, Track & Field Co stock appears to be undervalued. The current stock price of R$15.34 is trading 19.3% below its estimated GF Value™ of R$19.01. GuruFocus considers Track & Field Co to be Modestly Undervalued.

Key valuation signals for BSP:TFCO4:

  • Gross Margin %: 59.80% (near median its 10-year median of 57.59)
  • GF Value™: R$19.01 vs. price of R$15.34 (19.3% below fair value)
  • GF Score™: 97/100 with 2 warning signs
  • Industry Position: 64.4% above the Retail - Cyclical median (#190 of 1113)

No single metric tells the full story. See the BSP:TFCO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Track & Field Co Business Description

Address No. 387, 8th and 9th Floor, Rua Dr. Eduardo Souza Aranha, Edificio Juscelino Plaza, Itaim Bibi, Sao Paulo, SP, BRA, 04543-121
Track & Field Co SA is a sports apparel retailer. The company is engaged in the development and sale of sports and general leisure products (footwear, apparel, equipment, and accessories) originating from the domestic and foreign markets, and holding interests in other entities, conducting business franchise management, franchising, and promoting and organizing sporting events, and operating in the food industry. It operates in single segment, i.e., the retail industry, which comprises the development and sale of clothing, accessories and sporting experiences aimed at reinforcing the brand positioning and boosting the flow of customers to the stores.
97GF Score

Get the complete analysis for BSP:TFCO4

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

R$15.34
Price
R$19.01
GF Value