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PAHGF (Pets at Home Group) Gross Margin % : 46.27% (As of Sep. 2024)


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What is Pets at Home Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pets at Home Group's Gross Profit for the six months ended in Sep. 2024 was $483 Mil. Pets at Home Group's Revenue for the six months ended in Sep. 2024 was $1,044 Mil. Therefore, Pets at Home Group's Gross Margin % for the quarter that ended in Sep. 2024 was 46.27%.


The historical rank and industry rank for Pets at Home Group's Gross Margin % or its related term are showing as below:

PAHGF' s Gross Margin % Range Over the Past 10 Years
Min: 46.46   Med: 49.06   Max: 54.52
Current: 46.8


During the past 13 years, the highest Gross Margin % of Pets at Home Group was 54.52%. The lowest was 46.46%. And the median was 49.06%.

PAHGF's Gross Margin % is ranked better than
66.97% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.88 vs PAHGF: 46.80

Pets at Home Group had a gross margin of 46.27% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pets at Home Group was 0.10% per year.


Pets at Home Group Gross Margin % Historical Data

The historical data trend for Pets at Home Group'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.

* Premium members only.

Pets at Home Group Gross Margin % Chart

Pets at Home Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.29 48.95 49.17 48.04 46.82

Pets at Home Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 47.46 48.67 46.29 47.39 46.27

Competitive Comparison of Pets at Home Group's Gross Margin %

For the Specialty Retail subindustry, Pets at Home Group'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.


Pets at Home Group's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pets at Home Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pets at Home Group's Gross Margin % falls into.



Pets at Home Group Gross Margin % Calculation

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

Pets at Home Group's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=878.4 / 1876.239
=(Revenue - Cost of Goods Sold) / Revenue
=(1876.239 - 997.84) / 1876.239
=46.82 %

Pets at Home Group's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=482.9 / 1043.783
=(Revenue - Cost of Goods Sold) / Revenue
=(1043.783 - 560.846) / 1043.783
=46.27 %

* 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.


Pets at Home Group  (OTCPK:PAHGF) 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

Pets at Home Group had a gross margin of 46.27% for the quarter that ended in Sep. 2024 => 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.


Pets at Home Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Pets at Home Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pets at Home Group Business Description

Traded in Other Exchanges
Address
Epsom Avenue, Stanley Green Trading Estate, Chester House, Handforth, Cheshire, GBR, SK9 3RN
Pets at Home Group PLC is an omnichannel British retailer operating mainly in the United Kingdom. The company has a network of stores, websites, grooming salons, and pet services, such as veterinary. The product portfolio is diverse, including items for dogs, cats, fish, reptiles, birds, and wildlife. The items sold are from the following categories: food, pet beds, toys, pet clothing, kennels, collars, healthcare, grooming, training, books, and accessories. The products are sold under the Pets at Home brand, private brand, and labels. The veterinary services are located within stores, as well as in stand-alone locations, throughout the U.K.