Spectrum Brands HoldingsMEX:SPB 77 Gross Margin % is 38.13% as of Mar. 2026, which is 10% above its 10-year median of 34.77. GuruFocus rates MEX:SPB with a GF Score™ of 77/100 and a GF Value™ of MXN2,392.18. The stock has 7 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Spectrum Brands Holdings ranks better than 70.35% on this metric.
MEX:SPB's Gross Margin % is ranked better than 70.35% of 1899
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs MEX:SPB: 36.63
Spectrum Brands Holdings had a gross margin of 38.13% for the quarter that ended in Mar. 2026 => Competition eroding margins
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
Spectrum Brands Holdings had a gross margin of 38.13% for the quarter that ended in Mar. 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.
Spectrum Brands Holdings Gross Margin % Related Terms
Spectrum Brands Holdings 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:SPB vs COTY, NWL, EPC: Gross Margin % Comparison
For the Household & Personal Products subindustry, Spectrum Brands Holdings'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.
Spectrum Brands Holdings Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Spectrum Brands Holdings'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.
Spectrum Brands Holdings (MEX:SPB) has a Gross Margin % of 38.13% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Spectrum Brands Holdings and its competitors. This is 10% above median its historical median of 34.77. Over the past decade, Spectrum Brands Holdings' Gross Margin % has ranged from 31.62 to 41.03. According to the industry distribution chart, Spectrum Brands Holdings ranks #563 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 29.6%.
Is Spectrum Brands Holdings' Gross Margin % too high?
Spectrum Brands Holdings' current Gross Margin % of 38.13% is 10% above median its 10-year median of 34.77. Over the past 10 years, this metric has ranged from a low of 31.62 to a high of 41.03. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Spectrum Brands Holdings' value of 38.13% is 44.6% above this industry median. Based on the distribution chart, Spectrum Brands Holdings ranks #563 out of 1899 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Spectrum Brands Holdings has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Spectrum Brands Holdings' Gross Margin % compare to COTY and NWL?
According to the Consumer Packaged Goods industry distribution chart, Spectrum Brands Holdings ranks #563 out of 1899 companies for Gross Margin %. This puts Spectrum Brands Holdings in the upper half of its industry. The industry median Gross Margin % is 26.37. Spectrum Brands Holdings' value of 38.13% is 44.6% above this benchmark. Historically, Spectrum Brands Holdings' own Gross Margin % has ranged from 31.62 to 41.03 over the past decade. While the company's 10-year median is 34.77 vs. the industry median of 26.37, Spectrum Brands Holdings 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,899 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. Spectrum Brands Holdings's current Gross Margin % of 38.13% is 44.6% 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 Spectrum Brands Holdings and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectrum Brands Holdings's current Gross Margin % is 38.13%, which is 10% above median its own 10-year median of 34.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Brands Holdings stock overvalued right now?
Spectrum Brands Holdings (MEX:SPB) has a current Gross Margin % of 38.13%. The stock's GF Value™ is MXN2,392.18, compared to a current price of MXN1,845.00 — trading 22.9% below its estimated fair value. The current Gross Margin % is 38.13%, which is 10% above median its 10-year median of 34.77 and 44.6% above the Consumer Packaged Goods industry median of 26.37. Spectrum Brands Holdings' overall GF Score™ is 77/100 with 7 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 Spectrum Brands Holdings (MEX:SPB), the current Gross Margin % is 38.13% 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 Spectrum Brands Holdings (MEX:SPB) Overvalued in 2026?
Based on GuruFocus' analysis, Spectrum Brands Holdings stock appears to be undervalued.
The current stock price of MXN1,845.00 is trading 22.9% below its estimated GF Value™ of MXN2,392.18.
Key valuation signals for MEX:SPB:
Gross Margin %: 38.13% (10% above median its 10-year median of 34.77)
GF Value™: MXN2,392.18 vs. price of MXN1,845.00 (22.9% below fair value)
Industry Position: 44.6% above the Consumer Packaged Goods median (#563 of 1899)
No single metric tells the full story. See the MEX:SPB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, and Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
77GF Score
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