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BBB FoodsMEX:TBBB N +1.41%39 Gross Margin % is 16.20% as of Mar. 2026, which is 4% above its 10-year median of 15.55. GuruFocus rates MEX:TBBB N with a GF Score™ of 39/100. The stock has 6 warning signs investors should review. Among 306 Retail - Defensive companies, BBB Foods ranks worse than 72.55% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. BBB Foods's Gross Profit for the
three
months ended in Mar. 2026 was MXN3,704 Mil. BBB Foods's Revenue for the
three
months ended in Mar. 2026 was MXN22,860 Mil. Therefore, BBB Foods's Gross Margin % for the quarter that ended in Mar. 2026 was 16.20%.
The historical rank and industry rank for BBB Foods's Gross Margin % or its related term are showing as below:
MEX:TBBB N'
s Gross Margin % Range Over the Past 10 Years
Min: 13.54 Med: 15.55 Max: 16.32
Current: 16.22
During the past 6 years, the highestGross Margin % of BBB Foods was 16.32%. The lowest was 13.54%. And the median was 15.55%.
MEX:TBBB N's Gross Margin % is ranked worse than 72.55% of 306
companies
in the Retail - Defensive industry
Industry Median: 24.11
vs MEX:TBBB N: 16.22
BBB Foods had a gross margin of 16.20% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for BBB Foods was 3.60% per year.
BBB Foods (MEX:TBBB N) 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
BBB Foods had a gross margin of 16.20% for the quarter that ended in Mar. 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.
BBB Foods Gross Margin % Related Terms
BBB Foods Gross Margin % Historical Data
* Premium members only.
The historical data trend for BBB Foods'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:TBBB N vs OLLI, PSMT, BJ: Gross Margin % Comparison
For the Discount Stores subindustry, BBB Foods'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.
BBB Foods Gross Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, BBB Foods's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BBB Foods'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.
BBB Foods (MEX:TBBB N) has a Gross Margin % of 16.20% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BBB Foods and its competitors. This is near median its historical median of 15.55. Over the past decade, BBB Foods' Gross Margin % has ranged from 13.54 to 16.32. According to the industry distribution chart, BBB Foods ranks #222 out of 306 companies in the Retail - Defensive industry, placing it in the top 72.5%.
Is BBB Foods' Gross Margin % too high?
BBB Foods' current Gross Margin % of 16.20% is near median its 10-year median of 15.55. Over the past 10 years, this metric has ranged from a low of 13.54 to a high of 16.32. The Retail - Defensive industry median Gross Margin % is 24.11. BBB Foods' value of 16.20% is 32.8% below this industry median. Based on the distribution chart, BBB Foods ranks #222 out of 306 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, BBB Foods has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does BBB Foods' Gross Margin % compare to OLLI and PSMT?
According to the Retail - Defensive industry distribution chart, BBB Foods ranks #222 out of 306 companies for Gross Margin %. This places BBB Foods in the lower half of its industry. The industry median Gross Margin % is 24.11. BBB Foods' value of 16.20% is 32.8% below this benchmark. Historically, BBB Foods' own Gross Margin % has ranged from 13.54 to 16.32 over the past decade. While the company's 10-year median is 15.55 vs. the industry median of 24.11, BBB Foods 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 - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.11, based on 306 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. BBB Foods's current Gross Margin % of 16.20% is 32.8% 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 BBB Foods and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BBB Foods's current Gross Margin % is 16.20%, which is near median its own 10-year median of 15.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BBB Foods stock overvalued right now?
BBB Foods (MEX:TBBB N) has a current Gross Margin % of 16.20%. The current Gross Margin % is 16.20%, which is near median its 10-year median of 15.55 and 32.8% below the Retail - Defensive industry median of 24.11. BBB Foods' overall GF Score™ is 39/100 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 BBB Foods (MEX:TBBB N), the current Gross Margin % is 16.20% 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.
BBB Foods Inc is a company offering a grocery hard discount model in Mexico. Also, it operates through three subsidiaries, namely Tiendas Tres B, Tiendas BBB, and Desarrolladora Tres BSA de CV of which the main activity of Tiendas Tres B is the sale, purchase, distribution and marketing of all types of products, items and goods, as well as the establishment and operation of individual stores and distribution centers for the sale of such products.
39GF Score
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