ClarusCLAR 61 Gross Margin % is 36.75% as of Mar. 2026, which is 7% above its 10-year median of 34.41. GuruFocus rates CLAR with a GF Score™ of 61/100 and a GF Value™ of $4.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 793 Travel & Leisure companies, Clarus ranks worse than 66.08% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Clarus's Gross Profit for the
three
months ended in Mar. 2026 was $22.8 Mil. Clarus's Revenue for the
three
months ended in Mar. 2026 was $61.9 Mil. Therefore, Clarus's Gross Margin % for the quarter that ended in Mar. 2026 was 36.75%.
The historical rank and industry rank for Clarus's Gross Margin % or its related term are showing as below:
CLAR'
s Gross Margin % Range Over the Past 10 Years
Min: 29.48 Med: 34.41 Max: 35.04
Current: 33.72
During the past 13 years, the highestGross Margin % of Clarus was 35.04%. The lowest was 29.48%. And the median was 34.41%.
CLAR's Gross Margin % is ranked worse than 66.08% of 793
companies
in the Travel & Leisure industry
Industry Median: 44.02
vs CLAR: 33.72
Clarus had a gross margin of 36.75% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Clarus was -0.20% per year.
Clarus (NAS:CLAR) 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
Clarus had a gross margin of 36.75% for the quarter that ended in Mar. 2026 => 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.
Clarus Gross Margin % Related Terms
Clarus Gross Margin % Historical Data
* Premium members only.
The historical data trend for Clarus'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.
CLAR vs AOUT, PUSA, PLBY: Gross Margin % Comparison
For the Leisure subindustry, Clarus'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.
Clarus Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Clarus's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Clarus'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.
Clarus (CLAR) has a Gross Margin % of 36.75% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Clarus and its competitors. This is near median its historical median of 34.41. Over the past decade, Clarus' Gross Margin % has ranged from 29.48 to 35.04. According to the industry distribution chart, Clarus ranks #524 out of 793 companies in the Travel & Leisure industry, placing it in the top 66.1%.
Is Clarus' Gross Margin % too high?
Clarus' current Gross Margin % of 36.75% is near median its 10-year median of 34.41. Over the past 10 years, this metric has ranged from a low of 29.48 to a high of 35.04. The Travel & Leisure industry median Gross Margin % is 44.02. Clarus' value of 36.75% is 16.5% below this industry median. Based on the distribution chart, Clarus ranks #524 out of 793 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Clarus has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clarus' Gross Margin % compare to AOUT and PUSA?
According to the Travel & Leisure industry distribution chart, Clarus ranks #524 out of 793 companies for Gross Margin %. This places Clarus in the lower half of its industry. The industry median Gross Margin % is 44.02. Clarus' value of 36.75% is 16.5% below this benchmark. Historically, Clarus' own Gross Margin % has ranged from 29.48 to 35.04 over the past decade. While the company's 10-year median is 34.41 vs. the industry median of 44.02, Clarus has consistently been below 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.02, based on 793 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. Clarus's current Gross Margin % of 36.75% is 16.5% below 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 Clarus and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clarus's current Gross Margin % is 36.75%, which is near median its own 10-year median of 34.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clarus stock overvalued right now?
Based on GuruFocus' analysis, Clarus (CLAR) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.20, compared to a current price of $3.13 — trading 25.6% below its estimated fair value. The current Gross Margin % is 36.75%, which is near median its 10-year median of 34.41 and 16.5% below the Travel & Leisure industry median of 44.02. Clarus' overall GF Score™ is 61/100 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 Clarus (CLAR), the current Gross Margin % is 36.75% 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 Clarus (CLAR) Overvalued in 2026?
Based on GuruFocus' analysis, Clarus stock appears to be undervalued.
The current stock price of $3.13 is trading 25.6% below its estimated GF Value™ of $4.20.
GuruFocus considers Clarus to be Modestly Undervalued.
Key valuation signals for CLAR:
Gross Margin %: 36.75% (near median its 10-year median of 34.41)
GF Value™: $4.20 vs. price of $3.13 (25.6% below fair value)
Industry Position: 16.5% below the Travel & Leisure median (#524 of 793)
No single metric tells the full story. See the CLAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment, which includes Black Diamond Equipment and PIEPS, is a world-wide leader in designing, manufacturing, and marketing outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a wide range of other year-round outdoor recreation activities. The Adventure segment, which includes Rhino-Rack, MAXTRAX and TRED, is a manufacturer of engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, recovery boards and accessories in Australia and New Zealand and U.S.
61GF Score
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