Thermador Groupe (CHIX:THEPP) Gross Margin %: 37.12% (As of Dec. 2025) — Near Median


CHIX:THEPP Thermador Groupe SA CHIX:THEPP
90 GF Score
Price €84.75
GF Value €91.07
! 3 Warning Signs
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What is Thermador Groupe Gross Margin %?

Thermador Groupe CHIX:THEPP 90 Gross Margin % is 37.12% as of Dec. 2025, which is 2% above its 10-year median of 36.26. GuruFocus rates CHIX:THEPP with a GF Score™ of 90/100 and a GF Value™ of €91.07. The stock has 3 warning signs investors should review. Among 154 Industrial Distribution companies, Thermador Groupe ranks better than 81.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thermador Groupe's Gross Profit for the six months ended in Dec. 2025 was €90.2 Mil. Thermador Groupe's Revenue for the six months ended in Dec. 2025 was €243.1 Mil. Therefore, Thermador Groupe's Gross Margin % for the quarter that ended in Dec. 2025 was 37.12%.


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

CHIX:THEPp' s Gross Margin % Range Over the Past 10 Years
Min: 34.82   Med: 36.26   Max: 36.94
Current: 36.94


During the past 13 years, the highest Gross Margin % of Thermador Groupe was 36.94%. The lowest was 34.82%. And the median was 36.26%.

CHIX:THEPp's Gross Margin % is ranked better than
81.17% of 154 companies
in the Industrial Distribution industry
Industry Median: 24.295 vs CHIX:THEPp: 36.94

Thermador Groupe had a gross margin of 37.12% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Thermador Groupe was 0.40% per year.


Thermador Groupe  (CHIX:THEPp) 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

Thermador Groupe had a gross margin of 37.12% 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.


Thermador Groupe Gross Margin % Related Terms


Thermador Groupe Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thermador Groupe'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.

Thermador Groupe Gross Margin % Chart

Thermador Groupe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.03 34.82 35.55 36.22 36.94

Thermador Groupe Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 36.41 36.08 36.37 36.77 37.12

CHIX:THEPP vs GWW, FAST, FERG: Gross Margin % Comparison

For the Industrial Distribution subindustry, Thermador Groupe'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.


Thermador Groupe Gross Margin % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Thermador Groupe's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thermador Groupe's Gross Margin % falls into.


CHIX:THEPP
90GF Score
Thermador Groupe SA CHIX:THEPP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermador Groupe Gross Margin % Calculation

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

Thermador Groupe'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 )
=185.3 / 501.744
=(Revenue - Cost of Goods Sold) / Revenue
=(501.744 - 316.408) / 501.744
=36.94 %

Thermador Groupe's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=90.2 / 243.063
=(Revenue - Cost of Goods Sold) / Revenue
=(243.063 - 152.841) / 243.063
=37.12 %

* 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 37.12% mean?
Thermador Groupe (CHIX:THEPP) has a Gross Margin % of 37.12% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Thermador Groupe and its competitors. This is near median its historical median of 36.26. Over the past decade, Thermador Groupe's Gross Margin % has ranged from 34.82 to 36.94. According to the industry distribution chart, Thermador Groupe ranks #29 out of 154 companies in the Industrial Distribution industry, placing it in the top 18.8%.
Is Thermador Groupe's Gross Margin % too high?
Thermador Groupe's current Gross Margin % of 37.12% is near median its 10-year median of 36.26. Over the past 10 years, this metric has ranged from a low of 34.82 to a high of 36.94. The Industrial Distribution industry median Gross Margin % is 24.30. Thermador Groupe's value of 37.12% is 52.8% above this industry median. Based on the distribution chart, Thermador Groupe ranks #29 out of 154 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Thermador Groupe has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Thermador Groupe's Gross Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thermador Groupe ranks #29 out of 154 companies for Gross Margin %. This places Thermador Groupe in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.30. Thermador Groupe's value of 37.12% is 52.8% above this benchmark. Historically, Thermador Groupe's own Gross Margin % has ranged from 34.82 to 36.94 over the past decade. While the company's 10-year median is 36.26 vs. the industry median of 24.30, Thermador Groupe 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 an Industrial Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.30, based on 154 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. Thermador Groupe's current Gross Margin % of 37.12% is 52.8% 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 Thermador Groupe and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermador Groupe's current Gross Margin % is 37.12%, which is near median its own 10-year median of 36.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermador Groupe stock overvalued right now?
Thermador Groupe (CHIX:THEPP) has a current Gross Margin % of 37.12%. The stock's GF Value™ is €91.07, compared to a current price of €84.75 — trading 6.9% below its estimated fair value. The current Gross Margin % is 37.12%, which is near median its 10-year median of 36.26 and 52.8% above the Industrial Distribution industry median of 24.30. Thermador Groupe's overall GF Score™ is 90/100 with 3 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 Thermador Groupe (CHIX:THEPP), the current Gross Margin % is 37.12% 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 Thermador Groupe (CHIX:THEPP) Overvalued in 2026?

Based on GuruFocus' analysis, Thermador Groupe stock appears to be undervalued. The current stock price of €84.75 is trading 6.9% below its estimated GF Value™ of €91.07.

Key valuation signals for CHIX:THEPP:

  • Gross Margin %: 37.12% (near median its 10-year median of 36.26)
  • GF Value™: €91.07 vs. price of €84.75 (6.9% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 52.8% above the Industrial Distribution median (#29 of 154)

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


Thermador Groupe Business Description

Other Exchanges THEP:FranceT8D:Germany
Address No. 60, rue de Luzais, Parc d\' Activites de Chesnes, Saint-Quentin-Fallavier, FRA, 38070
Thermador Groupe SA operates as a corporate group that owns and manages businesses engaged in the distribution of equipment and accessories for fluid circulation used in construction, public works, and industrial applications. Its product portfolio includes heating and domestic hot water accessories, heating pumps, plumbing equipment, sanitary and building taps, ventilation systems, industrial valves, cold water pumps, plastic pipes and fittings for wet and dry networks, irrigation and construction materials, swimming pool equipment, as well as tools and equipment such as air compressors, generators, and welding sets for professional and consumer markets.
90GF Score

Get the complete analysis for CHIX:THEPP

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

€84.75
Price
€91.07
GF Value