Emmis (EMMS) Gross Margin %: 10.63% (As of Feb. 2020)


EMMS Emmis Corp EMMS
16 GF Score
Price $1.55
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What is Emmis Gross Margin %?

Emmis EMMS 16 Gross Margin % is 10.63% as of Feb. 2020. GuruFocus rates EMMS with a GF Score™ of 16/100.

Gross Margin % is calculated as gross profit divided by its revenue. Emmis's Gross Profit for the three months ended in Feb. 2020 was $1.11 Mil. Emmis's Revenue for the three months ended in Feb. 2020 was $10.44 Mil. Therefore, Emmis's Gross Margin % for the quarter that ended in Feb. 2020 was 10.63%.


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


EMMS's Gross Margin % is not ranked *
in the Media - Diversified industry.
Industry Median: 38.9
* Ranked among companies with meaningful Gross Margin % only.

Emmis had a gross margin of 10.63% for the quarter that ended in Feb. 2020 => No sustainable competitive advantage

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


Emmis  (OTCPK:EMMS) 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

Emmis had a gross margin of 10.63% for the quarter that ended in Feb. 2020 => 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.


Emmis Gross Margin % Related Terms


Emmis Gross Margin % Historical Data

* Premium members only.

The historical data trend for Emmis'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.

Emmis Gross Margin % Chart

Emmis Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.76 16.07 19.35 2.59 16.89

Emmis Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 7.14 28.79 12.20 23.64 10.63

EMMS vs SALM, UONE, NTN: Gross Margin % Comparison

For the Broadcasting subindustry, Emmis'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.


Emmis Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Emmis's Gross Margin % distribution charts can be found below:

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


EMMS
16GF Score
Emmis Corp EMMS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmis Gross Margin % Calculation

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

Emmis's Gross Margin for the fiscal year that ended in Feb. 2020 is calculated as

Gross Margin % (A: Feb. 2020 )=Gross Profit (A: Feb. 2020 ) / Revenue (A: Feb. 2020 )
=6.7 / 39.71
=(Revenue - Cost of Goods Sold) / Revenue
=(39.71 - 33.001) / 39.71
=16.89 %

Emmis's Gross Margin for the quarter that ended in Feb. 2020 is calculated as


Gross Margin % (Q: Feb. 2020 )=Gross Profit (Q: Feb. 2020 ) / Revenue (Q: Feb. 2020 )
=1.1 / 10.444
=(Revenue - Cost of Goods Sold) / Revenue
=(10.444 - 9.334) / 10.444
=10.63 %

* 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 10.63% mean?
Emmis (EMMS) has a Gross Margin % of 10.63% as of Feb. 2020. Gross margin is the ratio of total gross profit to net sales. View historical data on Emmis and its competitors.
Is Emmis' Gross Margin % too high?
Emmis' current Gross Margin % is 10.63%. The Media - Diversified industry median Gross Margin % is 38.90. Emmis' value of 10.63% is 72.7% below this industry median. Overall, Emmis has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emmis' Gross Margin % compare to SALM and UONE?
Emmis' Gross Margin % of 10.63% can be compared against companies in the Media - Diversified industry. The industry median Gross Margin % is 38.90. Emmis' value of 10.63% is 72.7% 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.90, based on 953 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. Emmis's current Gross Margin % of 10.63% is 72.7% 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 Emmis and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmis's current Gross Margin % is 10.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmis stock overvalued right now?
Emmis (EMMS) has a current Gross Margin % of 10.63%. The current Gross Margin % is 10.63% and 72.7% below the Media - Diversified industry median of 38.90. Emmis' 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 Emmis (EMMS), the current Gross Margin % is 10.63% as of Feb. 2020. 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.

Emmis Business Description

Address 40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
16GF Score

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

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