DLAPQ (Delta Apparel) Gross Margin %: 4.25% (As of Mar. 2024)


DLAPQ Delta Apparel Inc DLAPQ
16 GF Score
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What is Delta Apparel Gross Margin %?

Delta Apparel DLAPQ -99.00% 16 Gross Margin % is 4.25% as of Mar. 2024. GuruFocus rates DLAPQ with a GF Score™ of 16/100.

Gross Margin % is calculated as gross profit divided by its revenue. Delta Apparel's Gross Profit for the three months ended in Mar. 2024 was $3.4 Mil. Delta Apparel's Revenue for the three months ended in Mar. 2024 was $78.9 Mil. Therefore, Delta Apparel's Gross Margin % for the quarter that ended in Mar. 2024 was 4.25%.


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


DLAPQ's Gross Margin % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 28.39
* Ranked among companies with meaningful Gross Margin % only.

Delta Apparel had a gross margin of 4.25% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Delta Apparel was 0.00% per year.


Delta Apparel  (OTCPK:DLAPQ) 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

Delta Apparel had a gross margin of 4.25% for the quarter that ended in Mar. 2024 => No sustainable 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.


Delta Apparel Gross Margin % Related Terms


Delta Apparel Gross Margin % Historical Data

* Premium members only.

The historical data trend for Delta Apparel'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.

Delta Apparel Gross Margin % Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.72 17.94 23.33 22.45 13.00

Delta Apparel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.69 13.11 11.21 10.94 4.25

DLAPQ vs RL, VFC, LEVI: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Delta Apparel'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.


Delta Apparel Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Apparel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Delta Apparel's Gross Margin % falls into.


DLAPQ
16GF Score
Delta Apparel Inc DLAPQ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Apparel Gross Margin % Calculation

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

Delta Apparel's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=54 / 415.351
=(Revenue - Cost of Goods Sold) / Revenue
=(415.351 - 361.338) / 415.351
=13.00 %

Delta Apparel's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=3.4 / 78.936
=(Revenue - Cost of Goods Sold) / Revenue
=(78.936 - 75.58) / 78.936
=4.25 %

* 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 4.25% mean?
Delta Apparel (DLAPQ) has a Gross Margin % of 4.25% as of Mar. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Delta Apparel and its competitors.
Is Delta Apparel's Gross Margin % too high?
Delta Apparel's current Gross Margin % is 4.25%. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.39. Delta Apparel's value of 4.25% is 85% below this industry median. Overall, Delta Apparel has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Delta Apparel's Gross Margin % compare to RL and VFC?
Delta Apparel's Gross Margin % of 4.25% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Gross Margin % is 28.39. Delta Apparel's value of 4.25% is 85% below this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.39, based on 1,028 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. Delta Apparel's current Gross Margin % of 4.25% is 85% 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 Delta Apparel and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Apparel's current Gross Margin % is 4.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Apparel stock overvalued right now?
Delta Apparel (DLAPQ) has a current Gross Margin % of 4.25%. The current Gross Margin % is 4.25% and 85% below the Manufacturing - Apparel & Accessories industry median of 28.39. Delta Apparel's overall GF Score™ is 16/100. 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 Delta Apparel (DLAPQ), the current Gross Margin % is 4.25% as of Mar. 2024. 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.

Delta Apparel Business Description

Address 2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.
16GF Score

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