Unilever Nigeria (NSA:LEVBROS) Gross Margin %: 43.40% (As of Dec. 2025) — 38% Above Median


NSA:LEVBROS Unilever Nigeria PLC NSA:LEVBROS
75 GF Score
Price ₦140.00
GF Value ₦52.39
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Unilever Nigeria Gross Margin %?

Unilever Nigeria NSA:LEVBROS 75 Gross Margin % is 43.40% as of Dec. 2025, which is 38% above its 10-year median of 31.34. GuruFocus rates NSA:LEVBROS with a GF Score™ of 75/100 and a GF Value™ of ₦52.39 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,901 Consumer Packaged Goods companies, Unilever Nigeria ranks better than 93.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Unilever Nigeria's Gross Profit for the three months ended in Dec. 2025 was ₦25,560 Mil. Unilever Nigeria's Revenue for the three months ended in Dec. 2025 was ₦58,892 Mil. Therefore, Unilever Nigeria's Gross Margin % for the quarter that ended in Dec. 2025 was 43.40%.


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

NSA:LEVBROS' s Gross Margin % Range Over the Past 10 Years
Min: 7.85   Med: 31.34   Max: 67.9
Current: 67.9


During the past 13 years, the highest Gross Margin % of Unilever Nigeria was 67.90%. The lowest was 7.85%. And the median was 31.34%.

NSA:LEVBROS's Gross Margin % is ranked better than
93.63% of 1901 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs NSA:LEVBROS: 67.90

Unilever Nigeria had a gross margin of 43.40% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Unilever Nigeria was 12.00% per year.


Unilever Nigeria  (NSA:LEVBROS) 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

Unilever Nigeria had a gross margin of 43.40% for the quarter that ended in Dec. 2025 => 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.


Unilever Nigeria Gross Margin % Related Terms


Unilever Nigeria Gross Margin % Historical Data

* Premium members only.

The historical data trend for Unilever Nigeria'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.

Unilever Nigeria Gross Margin % Chart

Unilever Nigeria Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.87 38.76 33.22 36.88 41.78

Unilever Nigeria Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 26.83 0.00 0.00 38.13 43.40

NSA:LEVBROS vs PG, CL, KVUE: Gross Margin % Comparison

For the Household & Personal Products subindustry, Unilever Nigeria'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.


Unilever Nigeria Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unilever Nigeria's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Unilever Nigeria's Gross Margin % falls into.


NSA:LEVBROS
75GF Score
Unilever Nigeria PLC NSA:LEVBROS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Unilever Nigeria Gross Margin % Calculation

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

Unilever Nigeria's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=89525.3 / 214302.154
=(Revenue - Cost of Goods Sold) / Revenue
=(214302.154 - 124776.824) / 214302.154
=41.78 %

Unilever Nigeria's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=25560.3 / 58892.064
=(Revenue - Cost of Goods Sold) / Revenue
=(58892.064 - 33331.796) / 58892.064
=43.40 %

* 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 43.40% mean?
Unilever Nigeria (NSA:LEVBROS) has a Gross Margin % of 43.40% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Unilever Nigeria and its competitors. This is 38% above median its historical median of 31.34. Over the past decade, Unilever Nigeria's Gross Margin % has ranged from 7.85 to 67.90. According to the industry distribution chart, Unilever Nigeria ranks #121 out of 1901 companies in the Consumer Packaged Goods industry, placing it in the top 6.4%.
Is Unilever Nigeria's Gross Margin % too high?
Unilever Nigeria's current Gross Margin % of 43.40% is 38% above median its 10-year median of 31.34. Over the past 10 years, this metric has ranged from a low of 7.85 to a high of 67.90. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Unilever Nigeria's value of 43.40% is 64.6% above this industry median. Based on the distribution chart, Unilever Nigeria ranks #121 out of 1901 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Unilever Nigeria has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unilever Nigeria's Gross Margin % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Unilever Nigeria ranks #121 out of 1901 companies for Gross Margin %. This places Unilever Nigeria in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. Unilever Nigeria's value of 43.40% is 64.6% above this benchmark. Historically, Unilever Nigeria's own Gross Margin % has ranged from 7.85 to 67.90 over the past decade. While the company's 10-year median is 31.34 vs. the industry median of 26.37, Unilever Nigeria 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 1,901 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. Unilever Nigeria's current Gross Margin % of 43.40% is 64.6% 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 Unilever Nigeria 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. Unilever Nigeria's current Gross Margin % is 43.40%, which is 38% above median its own 10-year median of 31.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilever Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Unilever Nigeria (NSA:LEVBROS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦52.39, compared to a current price of ₦140.00 — trading 167.2% above its estimated fair value. The current Gross Margin % is 43.40%, which is 38% above median its 10-year median of 31.34 and 64.6% above the Consumer Packaged Goods industry median of 26.37. Unilever Nigeria's overall GF Score™ is 75/100 with 1 warning sign 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 Unilever Nigeria (NSA:LEVBROS), the current Gross Margin % is 43.40% as of Dec. 2025. 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 Unilever Nigeria (NSA:LEVBROS) Overvalued in 2026?

Based on GuruFocus' analysis, Unilever Nigeria stock appears to be overvalued. The current stock price of ₦140.00 is trading 167.2% above its estimated GF Value™ of ₦52.39. GuruFocus considers Unilever Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:LEVBROS:

  • Gross Margin %: 43.40% (38% above median its 10-year median of 31.34)
  • GF Value™: ₦52.39 vs. price of ₦140.00 (167.2% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 64.6% above the Consumer Packaged Goods median (#121 of 1901)

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


Unilever Nigeria Business Description

Address 1 Billings Way, P.O. Box 1063, Oregun, Ikeja, Lagos, NGA
Unilever Nigeria PLC is principally involved in the manufacture and marketing of Nutrition, Beauty & Wellbeing, and Personal Care products. It has manufacturing sites in Oregun, Lagos State, and Agbara, Ogun State. The company's operating segments are: Foods, Personal Care, and Beauty & Wellbeing. Maximum revenue is generated from the Foods segment, which includes the sale of savoury products. The Personal Care segment includes the sale of oral care and deodorant products, and the Beauty & Wellbeing segment includes sales of skin care products. Geographically, the company generates maximum revenue from its business in Nigeria, and to a lesser extent, also exports its products to other countries.
75GF Score

Get the complete analysis for NSA:LEVBROS

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

₦140.00
Price
₦52.39
GF Value