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Cumulus MediaCMLSQ -6.38% Gross Margin % is 66.87% as of Jun. 2026, which is 8% above its 10-year median of 62.14. The stock has 2 warning signs investors should review. Among 941 Media - Diversified companies, Cumulus Media ranks better than 76.94% on this metric.
Cumulus Media (OTCPK:CMLSQ) 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
Cumulus Media had a gross margin of 66.87% for the quarter that ended in Jun. 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.
Cumulus Media Gross Margin % Related Terms
Cumulus Media Gross Margin % Historical Data
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The historical data trend for Cumulus Media'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.
For the Broadcasting subindustry, Cumulus Media'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.
Cumulus Media Gross Margin % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Cumulus Media's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Cumulus Media'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.
Cumulus Media (CMLSQ) has a Gross Margin % of 66.87% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cumulus Media and its competitors. This is near median its historical median of 62.14. Over the past decade, Cumulus Media's Gross Margin % has ranged from 58.70 to 63.97. According to the industry distribution chart, Cumulus Media ranks #217 out of 941 companies in the Media - Diversified industry, placing it in the top 23.1%.
Is Cumulus Media's Gross Margin % too high?
Cumulus Media's current Gross Margin % of 66.87% is near median its 10-year median of 62.14. Over the past 10 years, this metric has ranged from a low of 58.70 to a high of 63.97. The Media - Diversified industry median Gross Margin % is 39.14. Cumulus Media's value of 66.87% is 70.8% above this industry median. Based on the distribution chart, Cumulus Media ranks #217 out of 941 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers.
How does Cumulus Media's Gross Margin % compare to MDEX and NXST?
According to the Media - Diversified industry distribution chart, Cumulus Media ranks #217 out of 941 companies for Gross Margin %. This places Cumulus Media in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 39.14. Cumulus Media's value of 66.87% is 70.8% above this benchmark. Historically, Cumulus Media's own Gross Margin % has ranged from 58.70 to 63.97 over the past decade. While the company's 10-year median is 62.14 vs. the industry median of 39.14, Cumulus Media 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 39.14, based on 941 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. Cumulus Media's current Gross Margin % of 66.87% is 70.8% 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 Cumulus Media and its competitors. For the Media - Diversified industry, the median Gross Margin % is 39.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cumulus Media's current Gross Margin % is 66.87%, which is near median its own 10-year median of 62.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cumulus Media stock overvalued right now?
Based on GuruFocus' analysis, Cumulus Media (CMLSQ) is currently considered Possible Value Trap. The stock's GF Value™ is $0.59, compared to a current price of $0.00 — trading 99.3% below its estimated fair value. The current Gross Margin % is 66.87%, which is near median its 10-year median of 62.14 and 70.8% above the Media - Diversified industry median of 39.14. 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 Cumulus Media (CMLSQ), the current Gross Margin % is 66.87% as of Jun. 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.
Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people monthly whenever required. It is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with the Westwood One network and numerous digital channels. The company's revenue is derived from Broadcast radio revenue, Digital revenue, and Other revenue.
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