Flight Centre Travel GroupFGETF 73 Gross Margin % is 93.62% as of Dec. 2025, which is 2% below its 10-year median of 95.23. GuruFocus rates FGETF with a GF Score™ of 73/100 and a GF Value™ of $17.06 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 793 Travel & Leisure companies, Flight Centre Travel Group ranks better than 96.85% on this metric.
Flight Centre Travel Group (OTCPK:FGETF) 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
Flight Centre Travel Group had a gross margin of 93.62% for the quarter that ended in Dec. 2025 => 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.
Flight Centre Travel Group Gross Margin % Related Terms
Flight Centre Travel Group Gross Margin % Historical Data
* 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.
FGETF vs BKNG, ABNB, RCL: Gross Margin % Comparison
For the Travel Services subindustry, Flight Centre Travel Group'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.
Flight Centre Travel Group Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Flight Centre Travel Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Flight Centre Travel Group'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.
Flight Centre Travel Group (FGETF) has a Gross Margin % of 93.62% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Flight Centre Travel Group and its competitors. This is near median its historical median of 95.23. Over the past decade, Flight Centre Travel Group's Gross Margin % has ranged from 93.16 to 99.41. According to the industry distribution chart, Flight Centre Travel Group ranks #25 out of 793 companies in the Travel & Leisure industry, placing it in the top 3.2%.
Is Flight Centre Travel Group's Gross Margin % too high?
Flight Centre Travel Group's current Gross Margin % of 93.62% is near median its 10-year median of 95.23. Over the past 10 years, this metric has ranged from a low of 93.16 to a high of 99.41. The Travel & Leisure industry median Gross Margin % is 44.02. Flight Centre Travel Group's value of 93.62% is 112.7% above this industry median. Based on the distribution chart, Flight Centre Travel Group ranks #25 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Flight Centre Travel Group has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Flight Centre Travel Group's Gross Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Flight Centre Travel Group ranks #25 out of 793 companies for Gross Margin %. This places Flight Centre Travel Group in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 44.02. Flight Centre Travel Group's value of 93.62% is 112.7% above this benchmark. Historically, Flight Centre Travel Group's own Gross Margin % has ranged from 93.16 to 99.41 over the past decade. While the company's 10-year median is 95.23 vs. the industry median of 44.02, Flight Centre Travel Group 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 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. Flight Centre Travel Group's current Gross Margin % of 93.62% is 112.7% 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 Flight Centre Travel Group 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. Flight Centre Travel Group's current Gross Margin % is 93.62%, which is near median its own 10-year median of 95.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flight Centre Travel Group stock overvalued right now?
Based on GuruFocus' analysis, Flight Centre Travel Group (FGETF) is currently considered Possible Value Trap. The stock's GF Value™ is $17.06, compared to a current price of $8.60 — trading 49.6% below its estimated fair value. The current Gross Margin % is 93.62%, which is near median its 10-year median of 95.23 and 112.7% above the Travel & Leisure industry median of 44.02. Flight Centre Travel Group's overall GF Score™ is 73/100 with 4 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 Flight Centre Travel Group (FGETF), the current Gross Margin % is 93.62% as of Dec. 2025. 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 Flight Centre Travel Group (FGETF) Overvalued in 2026?
Based on GuruFocus' analysis, Flight Centre Travel Group stock appears to be undervalued.
The current stock price of $8.60 is trading 49.6% below its estimated GF Value™ of $17.06.
GuruFocus considers Flight Centre Travel Group to be Possible Value Trap.
Key valuation signals for FGETF:
Gross Margin %: 93.62% (near median its 10-year median of 95.23)
GF Value™: $17.06 vs. price of $8.60 (49.6% below fair value)
Industry Position: 112.7% above the Travel & Leisure median (#25 of 793)
No single metric tells the full story. See the FGETF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flight Centre Travel is one of the largest travel intermediaries in the world. The group generates around half of its total transaction value, or TTV, from the corporate unit, with the other half from the leisure market and ancillary travel-related businesses. In corporate travel, Flight Centre is a global Top 4 agent operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates an extensive network of shops while also runs online channels and deal with independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.
73GF Score
Get the complete analysis for FGETF
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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