GlaxoSmithKline Pakistan (KAR:GLAXO) Gross Margin %: 37.49% (As of Mar. 2026) — 50% Above Median


KAR:GLAXO GlaxoSmithKline Pakistan Ltd KAR:GLAXO
92 GF Score
Price ₨370.25
GF Value ₨324.26
Valuation Modestly Overvalued
! 1 Warning Sign
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What is GlaxoSmithKline Pakistan Gross Margin %?

GlaxoSmithKline Pakistan KAR:GLAXO +1.66% 92 Gross Margin % is 37.49% as of Mar. 2026, which is 50% above its 10-year median of 24.95. GuruFocus rates KAR:GLAXO with a GF Score™ of 92/100 and a GF Value™ of ₨324.26 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 936 Drug Manufacturers companies, GlaxoSmithKline Pakistan ranks worse than 68.91% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. GlaxoSmithKline Pakistan's Gross Profit for the three months ended in Mar. 2026 was ₨6,383 Mil. GlaxoSmithKline Pakistan's Revenue for the three months ended in Mar. 2026 was ₨17,028 Mil. Therefore, GlaxoSmithKline Pakistan's Gross Margin % for the quarter that ended in Mar. 2026 was 37.49%.


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

KAR:GLAXO' s Gross Margin % Range Over the Past 10 Years
Min: 7.05   Med: 24.95   Max: 37.78
Current: 37.78


During the past 13 years, the highest Gross Margin % of GlaxoSmithKline Pakistan was 37.78%. The lowest was 7.05%. And the median was 24.95%.

KAR:GLAXO's Gross Margin % is ranked worse than
68.91% of 936 companies
in the Drug Manufacturers industry
Industry Median: 48.5 vs KAR:GLAXO: 37.78

GlaxoSmithKline Pakistan had a gross margin of 37.49% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for GlaxoSmithKline Pakistan was 4.80% per year.


GlaxoSmithKline Pakistan  (KAR:GLAXO) 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

GlaxoSmithKline Pakistan had a gross margin of 37.49% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


GlaxoSmithKline Pakistan Gross Margin % Related Terms


GlaxoSmithKline Pakistan Gross Margin % Historical Data

* Premium members only.

The historical data trend for GlaxoSmithKline Pakistan'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.

GlaxoSmithKline Pakistan Gross Margin % Chart

GlaxoSmithKline Pakistan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.56 17.40 7.05 25.15 37.00

GlaxoSmithKline Pakistan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 34.18 36.52 36.75 39.55 37.49

KAR:GLAXO vs ZTS, UTHR, VTRS: Gross Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, GlaxoSmithKline Pakistan'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.


GlaxoSmithKline Pakistan Gross Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, GlaxoSmithKline Pakistan's Gross Margin % distribution charts can be found below:

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


KAR:GLAXO
92GF Score
GlaxoSmithKline Pakistan Ltd KAR:GLAXO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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GlaxoSmithKline Pakistan Gross Margin % Calculation

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

GlaxoSmithKline Pakistan's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=24384.3 / 65900.901
=(Revenue - Cost of Goods Sold) / Revenue
=(65900.901 - 41516.641) / 65900.901
=37.00 %

GlaxoSmithKline Pakistan's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=6383.4 / 17028.325
=(Revenue - Cost of Goods Sold) / Revenue
=(17028.325 - 10644.963) / 17028.325
=37.49 %

* 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 37.49% mean?
GlaxoSmithKline Pakistan (KAR:GLAXO) has a Gross Margin % of 37.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on GlaxoSmithKline Pakistan and its competitors. This is 50% above median its historical median of 24.95. Over the past decade, GlaxoSmithKline Pakistan's Gross Margin % has ranged from 7.05 to 37.78. According to the industry distribution chart, GlaxoSmithKline Pakistan ranks #645 out of 936 companies in the Drug Manufacturers industry, placing it in the top 68.9%.
Is GlaxoSmithKline Pakistan's Gross Margin % too high?
GlaxoSmithKline Pakistan's current Gross Margin % of 37.49% is 50% above median its 10-year median of 24.95. Over the past 10 years, this metric has ranged from a low of 7.05 to a high of 37.78. The Drug Manufacturers industry median Gross Margin % is 48.50. GlaxoSmithKline Pakistan's value of 37.49% is 22.7% below this industry median. Based on the distribution chart, GlaxoSmithKline Pakistan ranks #645 out of 936 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, GlaxoSmithKline Pakistan has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GlaxoSmithKline Pakistan's Gross Margin % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, GlaxoSmithKline Pakistan ranks #645 out of 936 companies for Gross Margin %. This places GlaxoSmithKline Pakistan in the lower half of its industry. The industry median Gross Margin % is 48.50. GlaxoSmithKline Pakistan's value of 37.49% is 22.7% below this benchmark. Historically, GlaxoSmithKline Pakistan's own Gross Margin % has ranged from 7.05 to 37.78 over the past decade. While the company's 10-year median is 24.95 vs. the industry median of 48.50, GlaxoSmithKline Pakistan has consistently been below 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 Drug Manufacturers company?
The median Gross Margin % among Drug Manufacturers companies is 48.50, based on 936 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. GlaxoSmithKline Pakistan's current Gross Margin % of 37.49% is 22.7% 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 GlaxoSmithKline Pakistan and its competitors. For the Drug Manufacturers industry, the median Gross Margin % is 48.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GlaxoSmithKline Pakistan's current Gross Margin % is 37.49%, which is 50% above median its own 10-year median of 24.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GlaxoSmithKline Pakistan stock overvalued right now?
Based on GuruFocus' analysis, GlaxoSmithKline Pakistan (KAR:GLAXO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨324.26, compared to a current price of ₨370.25 — trading 14.2% above its estimated fair value. The current Gross Margin % is 37.49%, which is 50% above median its 10-year median of 24.95 and 22.7% below the Drug Manufacturers industry median of 48.50. GlaxoSmithKline Pakistan's overall GF Score™ is 92/100 with 1 warning sign 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 GlaxoSmithKline Pakistan (KAR:GLAXO), the current Gross Margin % is 37.49% as of Mar. 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.

Is GlaxoSmithKline Pakistan (KAR:GLAXO) Overvalued in 2026?

Based on GuruFocus' analysis, GlaxoSmithKline Pakistan stock appears to be overvalued. The current stock price of ₨370.25 is trading 14.2% above its estimated GF Value™ of ₨324.26. GuruFocus considers GlaxoSmithKline Pakistan to be Modestly Overvalued.

Key valuation signals for KAR:GLAXO:

  • Gross Margin %: 37.49% (50% above median its 10-year median of 24.95)
  • GF Value™: ₨324.26 vs. price of ₨370.25 (14.2% above fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 22.7% below the Drug Manufacturers median (#645 of 936)

No single metric tells the full story. See the KAR:GLAXO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GlaxoSmithKline Pakistan Business Description

Address 35, Dockyard Road, West Wharf, Karachi, PAK, 74000
GlaxoSmithKline Pakistan Ltd is engaged in the research, development, and manufacturing of pharmaceutical medicines, vaccines, and consumer healthcare products. It is involved in Anti-infective, Respiratory, Vaccines, Dermatological, Gastrointestinal, Analgesics, Urology, Central Nervous System, Allergy, Cardiovascular, and Vitamins therapy areas. The operating business divisions are Pharmaceuticals and Consumer Healthcare. The pharmaceutical brands of the company include Augmentin, Seretide, Amoxicillin, Velosef, Zantac, and Calpol, and prominent vaccines include Synflorix, Infanrix Hexa, Rotarix, Engerix-B, Havrix, and Cervarix. The company operates in single segment which is the Pharmaceuticals segment.
92GF Score

Get the complete analysis for KAR:GLAXO

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

₨370.25
Price
₨324.26
GF Value