Logitech International (MEX:LOGIN) Gross Margin %: 44.52% (As of Mar. 2026) — 12% Above Median


MEX:LOGIN Logitech International SA MEX:LOGIN
82 GF Score
Price MXN2,010.00
GF Value MXN1,860.00
! 3 Warning Signs
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What is Logitech International Gross Margin %?

Logitech International MEX:LOGIN 82 Gross Margin % is 44.52% as of Mar. 2026, which is 12% above its 10-year median of 39.59. GuruFocus rates MEX:LOGIN with a GF Score™ of 82/100 and a GF Value™ of MXN1,860.00. The stock has 3 warning signs investors should review. Among 2,450 Hardware companies, Logitech International ranks better than 80.73% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Logitech International's Gross Profit for the three months ended in Mar. 2026 was MXN8,715 Mil. Logitech International's Revenue for the three months ended in Mar. 2026 was MXN19,575 Mil. Therefore, Logitech International's Gross Margin % for the quarter that ended in Mar. 2026 was 44.52%.


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

MEX:LOGIN' s Gross Margin % Range Over the Past 10 Years
Min: 35.42   Med: 39.59   Max: 44.47
Current: 43.19


During the past 13 years, the highest Gross Margin % of Logitech International was 44.47%. The lowest was 35.42%. And the median was 39.59%.

MEX:LOGIN's Gross Margin % is ranked better than
80.73% of 2450 companies
in the Hardware industry
Industry Median: 24.53 vs MEX:LOGIN: 43.19

Logitech International had a gross margin of 44.52% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Logitech International was 0.20% per year.


Logitech International  (MEX:LOGIN) 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

Logitech International had a gross margin of 44.52% for the quarter that ended in Mar. 2026 => 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.


Logitech International Gross Margin % Related Terms


Logitech International Gross Margin % Historical Data

* Premium members only.

The historical data trend for Logitech International'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.

Logitech International Gross Margin % Chart

Logitech International Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.29 37.88 41.36 43.09 43.20

Logitech International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.13 41.73 43.38 43.24 44.52

MEX:LOGIN vs DELL, SNDK, ANET: Gross Margin % Comparison

For the Computer Hardware subindustry, Logitech International'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.


Logitech International Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Logitech International's Gross Margin % distribution charts can be found below:

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


MEX:LOGIN
82GF Score
Logitech International SA MEX:LOGIN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Logitech International Gross Margin % Calculation

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

Logitech International's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=37712.5 / 87291.991
=(Revenue - Cost of Goods Sold) / Revenue
=(87291.991 - 49579.538) / 87291.991
=43.20 %

Logitech International's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=8714.8 / 19574.911
=(Revenue - Cost of Goods Sold) / Revenue
=(19574.911 - 10860.068) / 19574.911
=44.52 %

* 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 44.52% mean?
Logitech International (MEX:LOGIN) has a Gross Margin % of 44.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Logitech International and its competitors. This is 12% above median its historical median of 39.59. Over the past decade, Logitech International's Gross Margin % has ranged from 35.42 to 44.47. According to the industry distribution chart, Logitech International ranks #472 out of 2450 companies in the Hardware industry, placing it in the top 19.3%.
Is Logitech International's Gross Margin % too high?
Logitech International's current Gross Margin % of 44.52% is 12% above median its 10-year median of 39.59. Over the past 10 years, this metric has ranged from a low of 35.42 to a high of 44.47. The Hardware industry median Gross Margin % is 24.53. Logitech International's value of 44.52% is 81.5% above this industry median. Based on the distribution chart, Logitech International ranks #472 out of 2450 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Logitech International has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Logitech International's Gross Margin % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Logitech International ranks #472 out of 2450 companies for Gross Margin %. This places Logitech International in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.53. Logitech International's value of 44.52% is 81.5% above this benchmark. Historically, Logitech International's own Gross Margin % has ranged from 35.42 to 44.47 over the past decade. While the company's 10-year median is 39.59 vs. the industry median of 24.53, Logitech International 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.53, based on 2,450 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. Logitech International's current Gross Margin % of 44.52% is 81.5% 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 Logitech International and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logitech International's current Gross Margin % is 44.52%, which is 12% above median its own 10-year median of 39.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logitech International stock overvalued right now?
Logitech International (MEX:LOGIN) has a current Gross Margin % of 44.52%. The stock's GF Value™ is MXN1,860.00, compared to a current price of MXN2,010.00 — trading 8.1% above its estimated fair value. The current Gross Margin % is 44.52%, which is 12% above median its 10-year median of 39.59 and 81.5% above the Hardware industry median of 24.53. Logitech International's overall GF Score™ is 82/100 with 3 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 Logitech International (MEX:LOGIN), the current Gross Margin % is 44.52% as of Mar. 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 Logitech International (MEX:LOGIN) Overvalued in 2026?

Based on GuruFocus' analysis, Logitech International stock appears to be overvalued. The current stock price of MXN2,010.00 is trading 8.1% above its estimated GF Value™ of MXN1,860.00.

Key valuation signals for MEX:LOGIN:

  • Gross Margin %: 44.52% (12% above median its 10-year median of 39.59)
  • GF Value™: MXN1,860.00 vs. price of MXN2,010.00 (8.1% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 81.5% above the Hardware median (#472 of 2450)

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


Logitech International Business Description

Address EPFL - Quartier de l\'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products like wireless speakers.
82GF Score

Get the complete analysis for MEX:LOGIN

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

MXN2,010.00
Price
MXN1,860.00
GF Value