Supreme (LSE:SUP) Gross Margin %: 28.94% (As of Sep. 2025) — Near Median


LSE:SUP Supreme PLC LSE:SUP
92 GF Score
Price £1.54
GF Value £1.99
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Supreme Gross Margin %?

Supreme LSE:SUP 92 Gross Margin % is 28.94% as of Sep. 2025, which is 1% above its 10-year median of 28.72. GuruFocus rates LSE:SUP with a GF Score™ of 92/100 and a GF Value™ of £1.99 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 511 Conglomerates companies, Supreme ranks better than 61.84% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Supreme's Gross Profit for the six months ended in Sep. 2025 was £38.4 Mil. Supreme's Revenue for the six months ended in Sep. 2025 was £132.6 Mil. Therefore, Supreme's Gross Margin % for the quarter that ended in Sep. 2025 was 28.94%.


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

LSE:SUP' s Gross Margin % Range Over the Past 10 Years
Min: 20.28   Med: 28.72   Max: 31.89
Current: 31.12


During the past 8 years, the highest Gross Margin % of Supreme was 31.89%. The lowest was 20.28%. And the median was 28.72%.

LSE:SUP's Gross Margin % is ranked better than
61.84% of 511 companies
in the Conglomerates industry
Industry Median: 25.96 vs LSE:SUP: 31.12

Supreme had a gross margin of 28.94% for the quarter that ended in Sep. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Supreme was 1.70% per year.


Supreme  (LSE:SUP) 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

Supreme had a gross margin of 28.94% for the quarter that ended in Sep. 2025 => 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.


Supreme Gross Margin % Related Terms


Supreme Gross Margin % Historical Data

* Premium members only.

The historical data trend for Supreme'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.

Supreme Gross Margin % Chart

Supreme Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Gross Margin %
Get a 7-Day Free Trial 27.03 29.45 26.25 28.72 31.89

Supreme Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 27.15 30.13 30.14 33.56 28.94

LSE:SUP vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Supreme'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.


Supreme Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Supreme's Gross Margin % distribution charts can be found below:

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


LSE:SUP
92GF Score
Supreme PLC LSE:SUP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Supreme Gross Margin % Calculation

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

Supreme's Gross Margin for the fiscal year that ended in Mar. 2025 is calculated as

Gross Margin % (A: Mar. 2025 )=Gross Profit (A: Mar. 2025 ) / Revenue (A: Mar. 2025 )
=73.7 / 231.078
=(Revenue - Cost of Goods Sold) / Revenue
=(231.078 - 157.395) / 231.078
=31.89 %

Supreme's Gross Margin for the quarter that ended in Sep. 2025 is calculated as


Gross Margin % (Q: Sep. 2025 )=Gross Profit (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=38.4 / 132.558
=(Revenue - Cost of Goods Sold) / Revenue
=(132.558 - 94.194) / 132.558
=28.94 %

* 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 28.94% mean?
Supreme (LSE:SUP) has a Gross Margin % of 28.94% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Supreme and its competitors. This is near median its historical median of 28.72. Over the past decade, Supreme's Gross Margin % has ranged from 20.28 to 31.89. According to the industry distribution chart, Supreme ranks #195 out of 511 companies in the Conglomerates industry, placing it in the top 38.2%.
Is Supreme's Gross Margin % too high?
Supreme's current Gross Margin % of 28.94% is near median its 10-year median of 28.72. Over the past 10 years, this metric has ranged from a low of 20.28 to a high of 31.89. The Conglomerates industry median Gross Margin % is 25.96. Supreme's value of 28.94% is 11.5% above this industry median. Based on the distribution chart, Supreme ranks #195 out of 511 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Supreme has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Supreme's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Supreme ranks #195 out of 511 companies for Gross Margin %. This puts Supreme in the upper half of its industry. The industry median Gross Margin % is 25.96. Supreme's value of 28.94% is 11.5% above this benchmark. Historically, Supreme's own Gross Margin % has ranged from 20.28 to 31.89 over the past decade. While the company's 10-year median is 28.72 vs. the industry median of 25.96, Supreme 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 511 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. Supreme's current Gross Margin % of 28.94% is 11.5% 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 Supreme and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Supreme's current Gross Margin % is 28.94%, which is near median its own 10-year median of 28.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supreme stock overvalued right now?
Based on GuruFocus' analysis, Supreme (LSE:SUP) is currently considered Modestly Undervalued. The stock's GF Value™ is £1.99, compared to a current price of £1.54 — trading 22.6% below its estimated fair value. The current Gross Margin % is 28.94%, which is near median its 10-year median of 28.72 and 11.5% above the Conglomerates industry median of 25.96. Supreme'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 Supreme (LSE:SUP), the current Gross Margin % is 28.94% 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.

Is Supreme (LSE:SUP) Overvalued in 2026?

Based on GuruFocus' analysis, Supreme stock appears to be undervalued. The current stock price of £1.54 is trading 22.6% below its estimated GF Value™ of £1.99. GuruFocus considers Supreme to be Modestly Undervalued.

Key valuation signals for LSE:SUP:

  • Gross Margin %: 28.94% (near median its 10-year median of 28.72)
  • GF Value™: £1.99 vs. price of £1.54 (22.6% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 11.5% above the Conglomerates median (#195 of 511)

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


Supreme Business Description

Address 4 Beacon Road, Ashburton Road West, Trafford Park, Manchester, GBR, M17 1AF
Supreme PLC is a supplier, manufacturer, and distributor of wholesale batteries, lighting, vaping, and light fittings. The company supplies products across five key categories: batteries, lighting, vaping, sports nutrition & wellness, and branded household consumer goods. It generates the majority of its revenue from the Vaping division in the United Kingdom.
92GF Score

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

£1.54
Price
£1.99
GF Value