NorthStar Gaming HoldingsNSBBF Gross Margin % is 34.75% as of Sep. 2025, which is 7% above its 10-year median of 32.50. The stock has 4 warning signs investors should review. Among 790 Travel & Leisure companies, NorthStar Gaming Holdings ranks worse than 59.11% 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
NorthStar Gaming Holdings had a gross margin of 34.75% for the quarter that ended in Sep. 2025 => 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.
NorthStar Gaming Holdings Gross Margin % Related Terms
NorthStar Gaming 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.
NSBBF vs FLUT, DKNG, SGHC: Gross Margin % Comparison
For the Gambling subindustry, NorthStar Gaming 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.
NorthStar Gaming Holdings Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, NorthStar Gaming Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where NorthStar Gaming 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.
NorthStar Gaming Holdings (NSBBF) has a Gross Margin % of 34.75% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on NorthStar Gaming Holdings and its competitors. This is near median its historical median of 32.50. Over the past decade, NorthStar Gaming Holdings' Gross Margin % has ranged from 29.33 to 38.57. According to the industry distribution chart, NorthStar Gaming Holdings ranks #467 out of 790 companies in the Travel & Leisure industry, placing it in the top 59.1%.
Is NorthStar Gaming Holdings' Gross Margin % too high?
NorthStar Gaming Holdings' current Gross Margin % of 34.75% is near median its 10-year median of 32.50. Over the past 10 years, this metric has ranged from a low of 29.33 to a high of 38.57. The Travel & Leisure industry median Gross Margin % is 44.09. NorthStar Gaming Holdings' value of 34.75% is 21.2% below this industry median. Based on the distribution chart, NorthStar Gaming Holdings ranks #467 out of 790 companies in the Travel & Leisure industry, which is below the industry midpoint.
How does NorthStar Gaming Holdings' Gross Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, NorthStar Gaming Holdings ranks #467 out of 790 companies for Gross Margin %. This places NorthStar Gaming Holdings in the lower half of its industry. The industry median Gross Margin % is 44.09. NorthStar Gaming Holdings' value of 34.75% is 21.2% below this benchmark. Historically, NorthStar Gaming Holdings' own Gross Margin % has ranged from 29.33 to 38.57 over the past decade. While the company's 10-year median is 32.50 vs. the industry median of 44.09, NorthStar Gaming Holdings 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.09, based on 790 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. NorthStar Gaming Holdings's current Gross Margin % of 34.75% is 21.2% 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 NorthStar Gaming Holdings and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorthStar Gaming Holdings's current Gross Margin % is 34.75%, which is near median its own 10-year median of 32.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthStar Gaming Holdings stock overvalued right now?
NorthStar Gaming Holdings (NSBBF) has a current Gross Margin % of 34.75%. The current Gross Margin % is 34.75%, which is near median its 10-year median of 32.50 and 21.2% below the Travel & Leisure industry median of 44.09. 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 NorthStar Gaming Holdings (NSBBF), the current Gross Margin % is 34.75% as of Sep. 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.
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. The company earns revenues from two main sources: gaming revenues for its online casino and sports betting operations; and managed services revenues.
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