Fermiere du Casino Municipal de Cannes (LTS:0O2U) Gross Margin %: 78.60% (As of Oct. 2025) — 15% Above Median

Fermiere du Casino Municipal de Cannes  (LTS:0O2U) 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

Fermiere du Casino Municipal de Cannes had a gross margin of 78.60% for the quarter that ended in Oct. 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.

Fermiere du Casino Municipal de Cannes Gross Margin % Related Terms

The historical data trend for Fermiere du Casino Municipal de Cannes'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.

Fermiere du Casino Municipal de Cannes Gross Margin % Chart

Fermiere du Casino Municipal de Cannes Annual Data
	Trend	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23	Oct24	Oct25
Gross Margin %		Get a 7-Day Free Trial					59.47	69.94	68.59	68.50	69.19

Fermiere du Casino Municipal de Cannes Semi-Annual Data
	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25
Gross Margin %	Get a 7-Day Free Trial															76.83	43.58	78.00	43.97	78.60

LTS:0O2U vs LVS, MGM, WYNN: Gross Margin % Comparison

For the Resorts & Casinos subindustry, Fermiere du Casino Municipal de Cannes'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.

Fermiere du Casino Municipal de Cannes Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fermiere du Casino Municipal de Cannes's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fermiere du Casino Municipal de Cannes's Gross Margin % falls into.

Fermiere du Casino Municipal de Cannes Gross Margin % Calculation

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

Fermiere du Casino Municipal de Cannes's Gross Margin for the fiscal year that ended in Oct. 2025 is calculated as

Fermiere du Casino Municipal de Cannes's Gross Margin for the quarter that ended in Oct. 2025 is calculated as

* 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.

Fermiere du Casino Municipal de Cannes Business Description