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Games Workshop Group (CHIX:GAWL) Gross Margin % : 71.55% (As of May. 2024)


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What is Games Workshop Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Games Workshop Group's Gross Profit for the six months ended in May. 2024 was £198.9 Mil. Games Workshop Group's Revenue for the six months ended in May. 2024 was £278.0 Mil. Therefore, Games Workshop Group's Gross Margin % for the quarter that ended in May. 2024 was 71.55%.


The historical rank and industry rank for Games Workshop Group's Gross Margin % or its related term are showing as below:

CHIX:GAWl' s Gross Margin % Range Over the Past 10 Years
Min: 66.96   Med: 69.12   Max: 73.94
Current: 71.24


During the past 13 years, the highest Gross Margin % of Games Workshop Group was 73.94%. The lowest was 66.96%. And the median was 69.12%.

CHIX:GAWl's Gross Margin % is ranked better than
83.68% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.675 vs CHIX:GAWl: 71.24

Games Workshop Group had a gross margin of 71.55% for the quarter that ended in May. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Games Workshop Group was 0.80% per year.


Games Workshop Group Gross Margin % Historical Data

The historical data trend for Games Workshop 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.

* Premium members only.

Games Workshop Group Gross Margin % Chart

Games Workshop Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.96 73.94 69.29 68.31 71.24

Games Workshop Group Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 66.93 66.46 70.02 70.89 71.55

Competitive Comparison of Games Workshop Group's Gross Margin %

For the Leisure subindustry, Games Workshop 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.


Games Workshop Group's Gross Margin % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Games Workshop Group's Gross Margin % falls into.



Games Workshop Group Gross Margin % Calculation

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

Games Workshop Group's Gross Margin for the fiscal year that ended in May. 2024 is calculated as

Gross Margin % (A: May. 2024 )=Gross Profit (A: May. 2024 ) / Revenue (A: May. 2024 )
=374.5 / 525.7
=(Revenue - Cost of Goods Sold) / Revenue
=(525.7 - 151.2) / 525.7
=71.24 %

Games Workshop Group's Gross Margin for the quarter that ended in May. 2024 is calculated as


Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=198.9 / 278
=(Revenue - Cost of Goods Sold) / Revenue
=(278 - 79.1) / 278
=71.55 %

* 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.


Games Workshop Group  (CHIX:GAWl) 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

Games Workshop Group had a gross margin of 71.55% for the quarter that ended in May. 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.


Games Workshop Group Gross Margin % Related Terms

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


Games Workshop Group Business Description

Traded in Other Exchanges
Address
Willow Road, Lenton, Nottingham, GBR, NG7 2WS
Games Workshop Group PLC designs, manufactures and sells fantasy miniatures and games related products. It carries the manufacturing activity in the UK and sells the same in the different region of the countries such as Continental Europe, North America, and Asia Pacific. It operates through two segments Core and Licensing . The core segment includes all revenue and expenditure relating to the design, manufacture and sales of their fantasy miniatures and related products. The licensing segment includes all revenue and expenditure relating to licences granted to external partners. The company generates majority of its revenue from the core segment.

Games Workshop Group Headlines

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