PPRUY (Kering) Gross Margin %: 72.25% (As of Dec. 2025) — Near Median


PPRUY Kering SA PPRUY
79 GF Score
Price $30.32
GF Value $30.34
Valuation Fairly Valued
! 8 Warning Signs
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What is Kering Gross Margin %?

Kering PPRUY -0.46% 79 Gross Margin % is 72.25% as of Dec. 2025, which is 2% below its 10-year median of 73.76. GuruFocus rates PPRUY with a GF Score™ of 79/100 and a GF Value™ of $30.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Kering ranks better than 94.81% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kering's Gross Profit for the six months ended in Dec. 2025 was $5,996 Mil. Kering's Revenue for the six months ended in Dec. 2025 was $8,300 Mil. Therefore, Kering's Gross Margin % for the quarter that ended in Dec. 2025 was 72.25%.


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

PPRUY' s Gross Margin % Range Over the Past 10 Years
Min: 62.9   Med: 73.76   Max: 76.29
Current: 72.64


During the past 13 years, the highest Gross Margin % of Kering was 76.29%. The lowest was 62.90%. And the median was 73.76%.

PPRUY's Gross Margin % is ranked better than
94.81% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 36.23 vs PPRUY: 72.64

Kering had a gross margin of 72.25% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kering was 0.00% per year.


Kering  (OTCPK:PPRUY) 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

Kering had a gross margin of 72.25% 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.


Kering Gross Margin % Related Terms


Kering Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kering'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.

Kering Gross Margin % Chart

Kering 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 74.06 74.68 76.29 73.45 72.64

Kering Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 76.31 74.38 72.38 73.01 72.25

PPRUY vs TPR, SIG: Gross Margin % Comparison

For the Luxury Goods subindustry, Kering'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.


Kering Gross Margin % vs Retail - Cyclical Industry

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

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


PPRUY
79GF Score
Kering SA PPRUY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kering Gross Margin % Calculation

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

Kering'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 )
=12482.4 / 17183.841
=(Revenue - Cost of Goods Sold) / Revenue
=(17183.841 - 4701.405) / 17183.841
=72.64 %

Kering'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 )
=5996.5 / 8299.766
=(Revenue - Cost of Goods Sold) / Revenue
=(8299.766 - 2303.279) / 8299.766
=72.25 %

* 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 72.25% mean?
Kering (PPRUY) has a Gross Margin % of 72.25% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Kering and its competitors. This is near median its historical median of 73.76. Over the past decade, Kering's Gross Margin % has ranged from 62.90 to 76.29. According to the industry distribution chart, Kering ranks #58 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 5.2%.
Is Kering's Gross Margin % too high?
Kering's current Gross Margin % of 72.25% is near median its 10-year median of 73.76. Over the past 10 years, this metric has ranged from a low of 62.90 to a high of 76.29. The Retail - Cyclical industry median Gross Margin % is 36.23. Kering's value of 72.25% is 99.4% above this industry median. Based on the distribution chart, Kering ranks #58 out of 1117 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Kering has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kering's Gross Margin % compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Kering ranks #58 out of 1117 companies for Gross Margin %. This places Kering in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.23. Kering's value of 72.25% is 99.4% above this benchmark. Historically, Kering's own Gross Margin % has ranged from 62.90 to 76.29 over the past decade. While the company's 10-year median is 73.76 vs. the industry median of 36.23, Kering 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.23, based on 1,117 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. Kering's current Gross Margin % of 72.25% is 99.4% 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 Kering and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kering's current Gross Margin % is 72.25%, which is near median its own 10-year median of 73.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kering stock overvalued right now?
Based on GuruFocus' analysis, Kering (PPRUY) is currently considered Fairly Valued. The stock's GF Value™ is $30.34, compared to a current price of $30.32 — trading 0.1% below its estimated fair value. The current Gross Margin % is 72.25%, which is near median its 10-year median of 73.76 and 99.4% above the Retail - Cyclical industry median of 36.23. Kering's overall GF Score™ is 79/100 with 8 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 Kering (PPRUY), the current Gross Margin % is 72.25% 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 Kering (PPRUY) Overvalued in 2026?

Based on GuruFocus' analysis, Kering stock appears to be undervalued. The current stock price of $30.32 is trading 0.1% below its estimated GF Value™ of $30.34. GuruFocus considers Kering to be Fairly Valued.

Key valuation signals for PPRUY:

  • Gross Margin %: 72.25% (near median its 10-year median of 73.76)
  • GF Value™: $30.34 vs. price of $30.32 (0.1% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 99.4% above the Retail - Cyclical median (#58 of 1117)

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


Kering Business Description

Address 40, Rue de Sevres, Paris, FRA, 75007
Kering is the world's third-largest luxury goods conglomerate by revenue after LVMH and Richemont. Its flagship brand is Gucci, which accounts for over 40% of revenue and over 50% of operating profit. Its other leading brands include Bottega Veneta and Saint Laurent. McQueen, Balenciaga, and Boucheron are also part of Kering's portfolio.
79GF Score

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

$30.32
Price
$30.34
GF Value