Ocado GroupLSE:OCDO +4.40%48 Gross Margin % is 0.00% as of Nov. 2025. GuruFocus rates LSE:OCDO with a GF Score™ of 48/100 and a GF Value™ of £3.35 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 303 Retail - Defensive companies, Ocado Group ranks worse than 330032.67% on this metric.
The historical rank and industry rank for Ocado Group's Gross Margin % or its related term are showing as below:
During the past 13 years, the highestGross Margin % of Ocado Group was 38.31%. The lowest was 33.69%. And the median was 34.25%.
LSE:OCDO's Gross Margin % is not ranked *
in the Retail - Defensive industry.
Industry Median: 24.08 * Ranked among companies with meaningful Gross Margin % only.
Ocado Group had a gross margin of N/A% for the quarter that ended in Nov. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Ocado Group was 0.00% per year.
Ocado Group (LSE:OCDO) 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
Ocado Group had a gross margin of N/A% for the quarter that ended in Nov. 2025 => 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.
Ocado Group Gross Margin % Related Terms
Ocado Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ocado Group'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.
For the Grocery Stores subindustry, Ocado 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.
Ocado Group Gross Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ocado Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ocado 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.
Ocado Group (LSE:OCDO) has a Gross Margin % of 0.00% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ocado Group and its competitors. Over the past decade, Ocado Group's Gross Margin % has ranged from 33.69 to 38.31. According to the industry distribution chart, Ocado Group ranks #999999 out of 303 companies in the Retail - Defensive industry.
Is Ocado Group's Gross Margin % too high?
Ocado Group's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 33.69 to a high of 38.31. Based on the distribution chart, Ocado Group ranks #999999 out of 303 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Ocado Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocado Group's Gross Margin % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Ocado Group ranks #999999 out of 303 companies for Gross Margin %. This places Ocado Group in the lower half of its industry. The industry median Gross Margin % is 24.08. Historically, Ocado Group's own Gross Margin % has ranged from 33.69 to 38.31 over the past decade. 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.08, based on 303 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. 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 Ocado Group and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocado Group's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocado Group stock overvalued right now?
Based on GuruFocus' analysis, Ocado Group (LSE:OCDO) is currently considered Possible Value Trap. The stock's GF Value™ is £3.35, compared to a current price of £1.80 — trading 46.1% below its estimated fair value. The current Gross Margin % is 0.00%. Ocado Group's overall GF Score™ is 48/100 with 6 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 Ocado Group (LSE:OCDO), the current Gross Margin % is 0.00% as of Nov. 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 Ocado Group (LSE:OCDO) Overvalued in 2026?
Based on GuruFocus' analysis, Ocado Group stock appears to be undervalued.
The current stock price of £1.80 is trading 46.1% below its estimated GF Value™ of £3.35.
GuruFocus considers Ocado Group to be Possible Value Trap.
Key valuation signals for LSE:OCDO:
Gross Margin %: 0.00%
GF Value™: £3.35 vs. price of £1.80 (46.1% below fair value)
No single metric tells the full story. See the LSE:OCDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2000, Ocado provides automation and logistics solutions to grocers. Ocado operates in two segments: logistics and solutions. Logistics provides fulfillment and delivery services in the United Kingdom. Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that provides software, fulfillment hardware, and support services to corporate customers in return for upfront and recurring fees. Partners include leading grocers around the world, like Sobeys, Morrisons, ICA, Groupe Casino, Bon Preu, Kroger, and Coles. Ocado also has a 50% stake in Ocado Retail, a pure-play e-grocery business. The other 50% is owned by Marks & Spencer.
48GF Score
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