Barry Callebaut AGSTU:BCLM -2.40%79 Gross Margin % is 9.91% as of Feb. 2026, which is 35% below its 10-year median of 15.24. GuruFocus rates STU:BCLM with a GF Score™ of 79/100 and a GF Value™ of €21.01. The stock has 6 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Barry Callebaut AG ranks worse than 85.33% on this metric.
Barry Callebaut AG gross margin has been in long-term decline. The average rate of decline per year is -7.8%.
The historical rank and industry rank for Barry Callebaut AG's Gross Margin % or its related term are showing as below:
STU:BCLM'
s Gross Margin % Range Over the Past 10 Years
Min: 9.6 Med: 15.24 Max: 16.65
Current: 10.06
During the past 13 years, the highestGross Margin % of Barry Callebaut AG was 16.65%. The lowest was 9.60%. And the median was 15.24%.
STU:BCLM's Gross Margin % is ranked worse than 85.33% of 1902
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs STU:BCLM: 10.06
Barry Callebaut AG had a gross margin of 9.91% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Barry Callebaut AG was -7.80% per year.
Barry Callebaut AG (STU:BCLM) 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
Barry Callebaut AG had a gross margin of 9.91% for the quarter that ended in Feb. 2026 => No sustainable 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.
Barry Callebaut AG Gross Margin % Related Terms
Barry Callebaut AG Gross Margin % Historical Data
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The historical data trend for Barry Callebaut AG'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.
STU:BCLM vs MDLZ, HSY, TR: Gross Margin % Comparison
For the Confectioners subindustry, Barry Callebaut AG'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.
Barry Callebaut AG Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Barry Callebaut AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Barry Callebaut AG'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.
Barry Callebaut AG (STU:BCLM) has a Gross Margin % of 9.91% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Barry Callebaut AG and its competitors. This is 35% below median its historical median of 15.24. Over the past decade, Barry Callebaut AG's Gross Margin % has ranged from 9.60 to 16.65. According to the industry distribution chart, Barry Callebaut AG ranks #1623 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 85.3%.
Is Barry Callebaut AG's Gross Margin % too high?
Barry Callebaut AG's current Gross Margin % of 9.91% is 35% below median its 10-year median of 15.24. Over the past 10 years, this metric has ranged from a low of 9.60 to a high of 16.65. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Barry Callebaut AG's value of 9.91% is 62.4% below this industry median. Based on the distribution chart, Barry Callebaut AG ranks #1623 out of 1902 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Barry Callebaut AG has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Barry Callebaut AG's Gross Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Barry Callebaut AG ranks #1623 out of 1902 companies for Gross Margin %. This places Barry Callebaut AG in the lower half of its industry. The industry median Gross Margin % is 26.37. Barry Callebaut AG's value of 9.91% is 62.4% below this benchmark. Historically, Barry Callebaut AG's own Gross Margin % has ranged from 9.60 to 16.65 over the past decade. While the company's 10-year median is 15.24 vs. the industry median of 26.37, Barry Callebaut AG 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. Barry Callebaut AG's current Gross Margin % of 9.91% is 62.4% 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 Barry Callebaut AG 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. Barry Callebaut AG's current Gross Margin % is 9.91%, which is 35% below median its own 10-year median of 15.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barry Callebaut AG stock overvalued right now?
Barry Callebaut AG (STU:BCLM) has a current Gross Margin % of 9.91%. The stock's GF Value™ is €21.01, compared to a current price of €12.20 — trading 41.9% below its estimated fair value. The current Gross Margin % is 9.91%, which is 35% below median its 10-year median of 15.24 and 62.4% below the Consumer Packaged Goods industry median of 26.37. Barry Callebaut AG's overall GF Score™ is 79/100 with 6 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 Barry Callebaut AG (STU:BCLM), the current Gross Margin % is 9.91% as of Feb. 2026. 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 Barry Callebaut AG (STU:BCLM) Overvalued in 2026?
Based on GuruFocus' analysis, Barry Callebaut AG stock appears to be undervalued.
The current stock price of €12.20 is trading 41.9% below its estimated GF Value™ of €21.01.
Key valuation signals for STU:BCLM:
Gross Margin %: 9.91% (35% below median its 10-year median of 15.24)
GF Value™: €21.01 vs. price of €12.20 (41.9% below fair value)
Industry Position: 62.4% below the Consumer Packaged Goods median (#1623 of 1902)
No single metric tells the full story. See the STU:BCLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barry Callebaut is the leading global manufacturer and supplier of cocoa and chocolate ingredients, employing over 13,000 people. Customers include food and beverage manufacturers as well as artisans, chocolatiers, pastry chefs, and bakers who use chocolate professionally. Barry Callebaut is vertically integrated, from raw material (cocoa bean) procurement through to chocolate manufacturing, without owning any cocoa farms. The firm produces around 40% of the world's industrial chocolate (open market), and its products are used in approximately 20% of the world's chocolate and cocoa goods.
79GF Score
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