EEFT (Euronet Worldwide) Gross Margin % : 42.33% (As of Sep. 2024)

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What is Euronet Worldwide Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Euronet Worldwide's Gross Profit for the three months ended in Sep. 2024 was $465 Mil. Euronet Worldwide's Revenue for the three months ended in Sep. 2024 was $1,099 Mil. Therefore, Euronet Worldwide's Gross Margin % for the quarter that ended in Sep. 2024 was 42.33%.

Warning Sign:

Euronet Worldwide Inc gross margin has been in long-term decline. The average rate of decline per year is -1.3%.

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

EEFT' s Gross Margin % Range Over the Past 10 Years
Min: 36.49 Med: 39.76 Max: 43.4
Current: 39.88

During the past 13 years, the highest Gross Margin % of Euronet Worldwide was 43.40%. The lowest was 36.49%. And the median was 39.76%.

EEFT's Gross Margin % is ranked worse than
51.41% of 2628 companies
in the Software industry
Industry Median: 41.24 vs EEFT: 39.88

Euronet Worldwide had a gross margin of 42.33% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Euronet Worldwide was -1.30% per year.

Euronet Worldwide Gross Margin % Historical Data

The historical data trend for Euronet Worldwide'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.

Euronet Worldwide Gross Margin % Chart

Euronet Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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43.40

36.49

36.56

39.91

39.73

Euronet Worldwide Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															42.56	37.73	37.72	41.11	42.33

Competitive Comparison of Euronet Worldwide's Gross Margin %

For the Software - Infrastructure subindustry, Euronet Worldwide'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.

Euronet Worldwide's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Euronet Worldwide's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Euronet Worldwide's Gross Margin % falls into.

Euronet Worldwide Gross Margin % Calculation

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

Euronet Worldwide's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1465.2	/	3688
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3688 - 2222.8)	/	3688
	=	39.73 %

Euronet Worldwide's Gross Margin for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	465.3	/	1099.3
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1099.3 - 634)	/	1099.3
	=	42.33 %

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.

Euronet Worldwide (NAS:EEFT) 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

Euronet Worldwide had a gross margin of 42.33% for the quarter that ended in Sep. 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.

Euronet Worldwide Gross Margin % Related Terms

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

Euronet Worldwide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Euronet Worldwide Inc (NAS:EEFT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

EEF:Germany E2EF34:Brazil

Address

11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS, USA, 66211

Website

https://www.euronetworldwide.com

Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. It operates in three segment EFT Processing Segment, epay Segment, and Money Transfer Segment. Its segment revenue comes from by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. It generates the majority if its geographic revenue from the United States of America.

Executives

Martin L. Bruckner	officer: SVP - Chief Technology Officer	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Kevin J Caponecchi	officer: President	C/O EURONET WORLDWIDE, INC, 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Juan Bianchi	officer: Executive Vice President	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Thomas A Mcdonnell	director	C/O KANSAS CITY SOUTHERN, 427 W 12TH STREET, KANSAS CITY MO 64105
Michael J Brown	director, officer: CEO & President	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Fentanes Ligia Torres	director	11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
M Jeannine Strandjord	director
Andrej Olechowski	director	WIERETNICZA 51, WARSAW POLAND R9 92200
Rick Weller	officer: Chief Financial Officer/ EVP	C/O EURONET WORLDWIDE, INC, 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEADWOOD KS 66211
Michael N Frumkin	director	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Scott Claassen	officer: General Counsel and Secretary	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Jeffrey B Newman	officer: Exec VP and General Counsel	C/O EURONET WORLDWIDE, INC., 3500 COLLEGE BOULEVARD, LEAWOOD KS 66211
Nikos Fountas	officer: Managing Director EMEA EFT Div	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211
Eriberto R Scocimara	director	C/O QUAKER FABRIC CORP, 941 GRINNELL ST, FALL RIVER MA 02726
Mark R Callegari	director	C/O EURONET WORLDWIDE, INC., 11400 TOMAHAWK CREEK PARKWAY, SUITE 300, LEAWOOD KS 66211