SAML (Samsara Luggage) Gross Margin %: 39.34% (As of Sep. 2024)

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What is Samsara Luggage Gross Margin %?

Samsara Luggage SAML Gross Margin % is 39.34% as of Sep. 2024.

Gross Margin % is calculated as gross profit divided by its revenue. Samsara Luggage's Gross Profit for the three months ended in Sep. 2024 was $0.26 Mil. Samsara Luggage's Revenue for the three months ended in Sep. 2024 was $0.67 Mil. Therefore, Samsara Luggage's Gross Margin % for the quarter that ended in Sep. 2024 was 39.34%.


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


SAML's Gross Margin % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 28.7
* Ranked among companies with meaningful Gross Margin % only.

Samsara Luggage had a gross margin of 39.34% for the quarter that ended in Sep. 2024 => Competition eroding margins

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


Samsara Luggage  (OTCPK:SAML) 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

Samsara Luggage had a gross margin of 39.34% for the quarter that ended in Sep. 2024 => 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.


Samsara Luggage Gross Margin % Related Terms


Samsara Luggage Gross Margin % Historical Data

* Premium members only.

The historical data trend for Samsara Luggage'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.

Samsara Luggage Gross Margin % Chart

Samsara Luggage Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 39.10 15.07 29.80 42.38

Samsara Luggage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -88.89 -66.67 29.12 33.26 39.34

SAML vs JAGL, SKFG, NKE: Gross Margin % Comparison

For the Footwear & Accessories subindustry, Samsara Luggage'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.


Samsara Luggage Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's Gross Margin % distribution charts can be found below:

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



Samsara Luggage Gross Margin % Calculation

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

Samsara Luggage's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0.2 / 0.361
=(Revenue - Cost of Goods Sold) / Revenue
=(0.361 - 0.208) / 0.361
=42.38 %

Samsara Luggage'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 )
=0.3 / 0.666
=(Revenue - Cost of Goods Sold) / Revenue
=(0.666 - 0.404) / 0.666
=39.34 %

* 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 39.34% mean?
Samsara Luggage (SAML) has a Gross Margin % of 39.34% as of Sep. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Samsara Luggage and its competitors.
Is Samsara Luggage's Gross Margin % too high?
Samsara Luggage's current Gross Margin % is 39.34%. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.70. Samsara Luggage's value of 39.34% is 37.1% above this industry median.
How does Samsara Luggage's Gross Margin % compare to JAGL and SKFG?
Samsara Luggage's Gross Margin % of 39.34% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Gross Margin % is 28.70. Samsara Luggage's value of 39.34% is 37.1% above this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.70, based on 1,030 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. Samsara Luggage's current Gross Margin % of 39.34% is 37.1% 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 Samsara Luggage and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samsara Luggage's current Gross Margin % is 39.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samsara Luggage stock overvalued right now?
Samsara Luggage (SAML) has a current Gross Margin % of 39.34%. The current Gross Margin % is 39.34% and 37.1% above the Manufacturing - Apparel & Accessories industry median of 28.70. 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 Samsara Luggage (SAML), the current Gross Margin % is 39.34% as of Sep. 2024. 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.

Samsara Luggage Business Description

Address 6 Broadway, Suite 934, New York, NY, USA, 10004
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. It generates revenues through the sale and distribution of smart luggage products.