Alimentation Couche-TardMEX:ATDN 94 Gross Margin % is 17.97% as of Apr. 2026, which is 3% above its 10-year median of 17.50. GuruFocus rates MEX:ATDN with a GF Score™ of 94/100 and a GF Value™ of MXN972.20. The stock has 8 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Alimentation Couche-Tard ranks worse than 79.59% on this metric.
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
Alimentation Couche-Tard had a gross margin of 17.97% for the quarter that ended in Apr. 2026 => 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.
Alimentation Couche-Tard Gross Margin % Related Terms
Alimentation Couche-Tard Gross Margin % Historical Data
* 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.
MEX:ATDN vs CASY, WSM, ULTA: Gross Margin % Comparison
For the Specialty Retail subindustry, Alimentation Couche-Tard'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.
Alimentation Couche-Tard Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Alimentation Couche-Tard'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.
Alimentation Couche-Tard (MEX:ATDN) has a Gross Margin % of 17.97% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Alimentation Couche-Tard and its competitors. This is near median its historical median of 17.50. Over the past decade, Alimentation Couche-Tard's Gross Margin % has ranged from 15.55 to 22.11. According to the industry distribution chart, Alimentation Couche-Tard ranks #889 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 79.6%.
Is Alimentation Couche-Tard's Gross Margin % too high?
Alimentation Couche-Tard's current Gross Margin % of 17.97% is near median its 10-year median of 17.50. Over the past 10 years, this metric has ranged from a low of 15.55 to a high of 22.11. The Retail - Cyclical industry median Gross Margin % is 36.23. Alimentation Couche-Tard's value of 17.97% is 50.4% below this industry median. Based on the distribution chart, Alimentation Couche-Tard ranks #889 out of 1117 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Alimentation Couche-Tard has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Alimentation Couche-Tard's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Alimentation Couche-Tard ranks #889 out of 1117 companies for Gross Margin %. This places Alimentation Couche-Tard in the lower half of its industry. The industry median Gross Margin % is 36.23. Alimentation Couche-Tard's value of 17.97% is 50.4% below this benchmark. Historically, Alimentation Couche-Tard's own Gross Margin % has ranged from 15.55 to 22.11 over the past decade. While the company's 10-year median is 17.50 vs. the industry median of 36.23, Alimentation Couche-Tard 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.23, based on 1,117 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. Alimentation Couche-Tard's current Gross Margin % of 17.97% is 50.4% 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 Alimentation Couche-Tard and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alimentation Couche-Tard's current Gross Margin % is 17.97%, which is near median its own 10-year median of 17.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alimentation Couche-Tard stock overvalued right now?
Alimentation Couche-Tard (MEX:ATDN) has a current Gross Margin % of 17.97%. The stock's GF Value™ is MXN972.20, compared to a current price of MXN1,076.17 — trading 10.7% above its estimated fair value. The current Gross Margin % is 17.97%, which is near median its 10-year median of 17.50 and 50.4% below the Retail - Cyclical industry median of 36.23. Alimentation Couche-Tard's overall GF Score™ is 94/100 with 8 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 Alimentation Couche-Tard (MEX:ATDN), the current Gross Margin % is 17.97% as of Apr. 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 Alimentation Couche-Tard (MEX:ATDN) Overvalued in 2026?
Based on GuruFocus' analysis, Alimentation Couche-Tard stock appears to be overvalued.
The current stock price of MXN1,076.17 is trading 10.7% above its estimated GF Value™ of MXN972.20.
Key valuation signals for MEX:ATDN:
Gross Margin %: 17.97% (near median its 10-year median of 17.50)
GF Value™: MXN972.20 vs. price of MXN1,076.17 (10.7% above fair value)
Industry Position: 50.4% below the Retail - Cyclical median (#889 of 1117)
No single metric tells the full story. See the MEX:ATDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Europe, and Asia. The company generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates stores under the Circle K banner in other countries such as Indonesia, Egypt, Macau, and others. Its operation is geographically divided into the U.S., Europe and other regions, and Canada. Revenue from external customers falls mainly into three categories: merchandise and services, road transportation fuel, and others. The company generates the majority of its revenue from the United States.
94GF Score
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