Dick's Sporting GoodsMEX:DKS 96 Gross Margin % is 32.59% as of Apr. 2026, which is 1% above its 10-year median of 32.38. GuruFocus rates MEX:DKS with a GF Score™ of 96/100 and a GF Value™ of MXN4,017.62. The stock has 6 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Dick's Sporting Goods ranks worse than 57.65% 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
Dick's Sporting Goods had a gross margin of 32.59% for the quarter that ended in Apr. 2026 => 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.
Dick's Sporting Goods Gross Margin % Related Terms
Dick's Sporting Goods Gross Margin % Historical Data
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The historical data trend for Dick's Sporting Goods'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.
MEX:DKS vs ULTA, WSM, TSCO: Gross Margin % Comparison
For the Specialty Retail subindustry, Dick's Sporting Goods'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.
Dick's Sporting Goods Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Dick's Sporting Goods's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Dick's Sporting Goods'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.
Dick's Sporting Goods (MEX:DKS) has a Gross Margin % of 32.59% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dick's Sporting Goods and its competitors. This is near median its historical median of 32.38. Over the past decade, Dick's Sporting Goods' Gross Margin % has ranged from 28.90 to 38.33. According to the industry distribution chart, Dick's Sporting Goods ranks #644 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 57.7%.
Is Dick's Sporting Goods' Gross Margin % too high?
Dick's Sporting Goods' current Gross Margin % of 32.59% is near median its 10-year median of 32.38. Over the past 10 years, this metric has ranged from a low of 28.90 to a high of 38.33. The Retail - Cyclical industry median Gross Margin % is 36.23. Dick's Sporting Goods' value of 32.59% is 10% below this industry median. Based on the distribution chart, Dick's Sporting Goods ranks #644 out of 1117 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Dick's Sporting Goods has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Dick's Sporting Goods' Gross Margin % compare to ULTA and WSM?
According to the Retail - Cyclical industry distribution chart, Dick's Sporting Goods ranks #644 out of 1117 companies for Gross Margin %. This places Dick's Sporting Goods in the lower half of its industry. The industry median Gross Margin % is 36.23. Dick's Sporting Goods' value of 32.59% is 10% below this benchmark. Historically, Dick's Sporting Goods' own Gross Margin % has ranged from 28.90 to 38.33 over the past decade. While the company's 10-year median is 32.38 vs. the industry median of 36.23, Dick's Sporting Goods 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. Dick's Sporting Goods's current Gross Margin % of 32.59% is 10% 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 Dick's Sporting Goods 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. Dick's Sporting Goods's current Gross Margin % is 32.59%, which is near median its own 10-year median of 32.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dick's Sporting Goods stock overvalued right now?
Dick's Sporting Goods (MEX:DKS) has a current Gross Margin % of 32.59%. The stock's GF Value™ is MXN4,017.62, compared to a current price of MXN3,450.27 — trading 14.1% below its estimated fair value. The current Gross Margin % is 32.59%, which is near median its 10-year median of 32.38 and 10% below the Retail - Cyclical industry median of 36.23. Dick's Sporting Goods' overall GF Score™ is 96/100 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 Dick's Sporting Goods (MEX:DKS), the current Gross Margin % is 32.59% 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 Dick's Sporting Goods (MEX:DKS) Overvalued in 2026?
Based on GuruFocus' analysis, Dick's Sporting Goods stock appears to be undervalued.
The current stock price of MXN3,450.27 is trading 14.1% below its estimated GF Value™ of MXN4,017.62.
Key valuation signals for MEX:DKS:
Gross Margin %: 32.59% (near median its 10-year median of 32.38)
GF Value™: MXN4,017.62 vs. price of MXN3,450.27 (14.1% below fair value)
Industry Position: 10% below the Retail - Cyclical median (#644 of 1117)
No single metric tells the full story. See the MEX:DKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dick's Sporting Goods is a retailer that offers sports and outdoor apparel, footwear, and equipment online and in physical stores. The company's legacy business includes more than 700 stores under its own name, more than 110 Golf Galaxy golf specialty stores, and about 50 outlet stores. In September 2025, Dick's acquired multinational retailer Foot Locker. With this move, Dick's added about 2,600 stores under the Foot Locker, Kids Foot Locker, Champs Sports, atmos, and WSS nameplates in North America, the Asia-Pacific, and EMEA—Europe, the Middle East, and Africa. The combined Dick's and Foot Locker has an annual sales base of more than $22 billion. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.
96GF Score
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