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CCSI (Consensus Cloud Solutions) Gross Margin % : 79.88% (As of Sep. 2024)


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What is Consensus Cloud Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Consensus Cloud Solutions's Gross Profit for the three months ended in Sep. 2024 was $70.1 Mil. Consensus Cloud Solutions's Revenue for the three months ended in Sep. 2024 was $87.8 Mil. Therefore, Consensus Cloud Solutions's Gross Margin % for the quarter that ended in Sep. 2024 was 79.88%.


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

CCSI' s Gross Margin % Range Over the Past 10 Years
Min: 79.57   Med: 83.23   Max: 84.5
Current: 80.48


During the past 6 years, the highest Gross Margin % of Consensus Cloud Solutions was 84.50%. The lowest was 79.57%. And the median was 83.23%.

CCSI's Gross Margin % is ranked better than
88.81% of 2618 companies
in the Software industry
Industry Median: 41.435 vs CCSI: 80.48

Consensus Cloud Solutions had a gross margin of 79.88% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Consensus Cloud Solutions was 0.10% per year.


Consensus Cloud Solutions Gross Margin % Historical Data

The historical data trend for Consensus Cloud Solutions'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.

* Premium members only.

Consensus Cloud Solutions Gross Margin % Chart

Consensus Cloud Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 84.50 83.88 83.55 82.91 81.16

Consensus Cloud Solutions Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 81.39 80.96 80.66 80.43 79.88

Competitive Comparison of Consensus Cloud Solutions's Gross Margin %

For the Software - Infrastructure subindustry, Consensus Cloud Solutions'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.


Consensus Cloud Solutions's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Consensus Cloud Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Consensus Cloud Solutions's Gross Margin % falls into.



Consensus Cloud Solutions Gross Margin % Calculation

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

Consensus Cloud Solutions's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=294.2 / 362.562
=(Revenue - Cost of Goods Sold) / Revenue
=(362.562 - 68.319) / 362.562
=81.16 %

Consensus Cloud Solutions's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=70.1 / 87.753
=(Revenue - Cost of Goods Sold) / Revenue
=(87.753 - 17.658) / 87.753
=79.88 %

* 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.


Consensus Cloud Solutions  (NAS:CCSI) 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

Consensus Cloud Solutions had a gross margin of 79.88% for the quarter that ended in Sep. 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.


Consensus Cloud Solutions Gross Margin % Related Terms

Thank you for viewing the detailed overview of Consensus Cloud Solutions's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Consensus Cloud Solutions Business Description

Traded in Other Exchanges
N/A
Address
700 South Flower Street, 15th Floor, Los Angeles, CA, USA, 90017
Consensus Cloud Solutions Inc is a provider of secure information delivery services with a scalable Software-as-a-Service SaaS platform. It is engaged in fax cloud business. Geographically, it derives a maximum revenue from the United States. The company's communication and digital signature solutions enable customers to securely and cooperatively access, exchange and use information across organizational, regional, and national boundaries.
Executives
Jeffrey Alan Sullivan officer: Chief Technology Officer 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
James C Malone officer: Chief Financial Officer 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Elaine Healy director
Douglas Y Bech director C/O J2 GLOBAL COMMUNICATIONS INC, 6922 HOLLYWOOD BLVD/LEGAL DEPT - 5TH FL., LOS ANGELES CA 90028
Pamela Sutton-wallace director 197 VAN VORST ST, APT 1505, JERSEY CITY NJ 07302
Steve Emberland officer: Vice President, Controller 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
John Nebergall officer: Chief Operating Officer 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
Nathaniel Simmons director 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017
R Scott Turicchi director, officer: CEO & CFO C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Jeremy Rossen director, officer: President ZIFF DAVIS INC, 114 5TH AVE,14TH AND 15TH FLOOR, NEW YORK NY 10011
Stephen Ross director
J2 Global, Inc. 10 percent owner 114 5TH AVENUE, NEW YORK NY 10011
Vithya Aubee director, officer: VP & Secretary 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017