MHALSE:MHA -1.11%29 Gross Margin % is 95.39% as of Sep. 2025, which is 1% below its 10-year median of 96.81. GuruFocus rates LSE:MHA with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 1,007 Business Services companies, MHA ranks better than 95.73% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. MHA's Gross Profit for the
six
months ended in Sep. 2025 was £115.7 Mil. MHA's Revenue for the
six
months ended in Sep. 2025 was £121.3 Mil. Therefore, MHA's Gross Margin % for the quarter that ended in Sep. 2025 was 95.39%.
The historical rank and industry rank for MHA's Gross Margin % or its related term are showing as below:
LSE:MHA'
s Gross Margin % Range Over the Past 10 Years
Min: 95.74 Med: 96.81 Max: 98.21
Current: 95.74
During the past 4 years, the highestGross Margin % of MHA was 98.21%. The lowest was 95.74%. And the median was 96.81%.
LSE:MHA's Gross Margin % is ranked better than 95.73% of 1007
companies
in the Business Services industry
Industry Median: 34.5
vs LSE:MHA: 95.74
MHA had a gross margin of 95.39% for the quarter that ended in Sep. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for MHA was 0.00% per year.
MHA (LSE:MHA) 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
MHA had a gross margin of 95.39% for the quarter that ended in Sep. 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.
MHA Gross Margin % Related Terms
MHA Gross Margin % Historical Data
* Premium members only.
The historical data trend for MHA'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.
LSE:MHA vs CTAS, CPRT, ULS: Gross Margin % Comparison
For the Specialty Business Services subindustry, MHA'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.
MHA Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, MHA's Gross Margin % distribution charts can be found below:
* The bar in red indicates where MHA'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.
MHA (LSE:MHA) has a Gross Margin % of 95.39% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on MHA and its competitors. This is near median its historical median of 96.81. Over the past decade, MHA's Gross Margin % has ranged from 95.74 to 98.21. According to the industry distribution chart, MHA ranks #43 out of 1007 companies in the Business Services industry, placing it in the top 4.3%.
Is MHA's Gross Margin % too high?
MHA's current Gross Margin % of 95.39% is near median its 10-year median of 96.81. Over the past 10 years, this metric has ranged from a low of 95.74 to a high of 98.21. The Business Services industry median Gross Margin % is 34.50. MHA's value of 95.39% is 176.5% above this industry median. Based on the distribution chart, MHA ranks #43 out of 1007 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, MHA has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does MHA's Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, MHA ranks #43 out of 1007 companies for Gross Margin %. This places MHA in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 34.50. MHA's value of 95.39% is 176.5% above this benchmark. Historically, MHA's own Gross Margin % has ranged from 95.74 to 98.21 over the past decade. While the company's 10-year median is 96.81 vs. the industry median of 34.50, MHA 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,007 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. MHA's current Gross Margin % of 95.39% is 176.5% 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 MHA and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MHA's current Gross Margin % is 95.39%, which is near median its own 10-year median of 96.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MHA stock overvalued right now?
MHA (LSE:MHA) has a current Gross Margin % of 95.39%. The current Gross Margin % is 95.39%, which is near median its 10-year median of 96.81 and 176.5% above the Business Services industry median of 34.50. MHA's overall GF Score™ is 29/100 with 3 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 MHA (LSE:MHA), the current Gross Margin % is 95.39% as of Sep. 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.
MHA PLC is an accountancy firm in the UK. The company acts as a professional services provider of audit and assurance, tax, accountancy, and advisory services, based in the UK with an international presence. The company is referred to as a trusted advisor to its clients, offering skills and services across multiple disciplines and sectors. The company operates in one operating segment, which is the provision of professional services.
29GF Score
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