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Groupe Partouche (STU:PZ21) Gross Margin % : 65.56% (As of Oct. 2023)


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What is Groupe Partouche Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Groupe Partouche's Gross Profit for the six months ended in Oct. 2023 was €136.5 Mil. Groupe Partouche's Revenue for the six months ended in Oct. 2023 was €208.2 Mil. Therefore, Groupe Partouche's Gross Margin % for the quarter that ended in Oct. 2023 was 65.56%.


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

STU:PZ21' s Gross Margin % Range Over the Past 10 Years
Min: 48.77   Med: 66.59   Max: 68.62
Current: 66.38


During the past 13 years, the highest Gross Margin % of Groupe Partouche was 68.62%. The lowest was 48.77%. And the median was 66.59%.

STU:PZ21's Gross Margin % is ranked better than
77.42% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.225 vs STU:PZ21: 66.38

Groupe Partouche had a gross margin of 65.56% for the quarter that ended in Oct. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Groupe Partouche was 0.50% per year.


Groupe Partouche Gross Margin % Historical Data

The historical data trend for Groupe Partouche'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.

Groupe Partouche Gross Margin % Chart

Groupe Partouche Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.90 60.69 48.77 68.62 66.38

Groupe Partouche Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 66.29 67.63 69.54 67.16 65.56

Competitive Comparison of Groupe Partouche's Gross Margin %

For the Resorts & Casinos subindustry, Groupe Partouche'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.


Groupe Partouche's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Groupe Partouche's Gross Margin % distribution charts can be found below:

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



Groupe Partouche Gross Margin % Calculation

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

Groupe Partouche's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=281.3 / 423.812
=(Revenue - Cost of Goods Sold) / Revenue
=(423.812 - 142.5) / 423.812
=66.38 %

Groupe Partouche's Gross Margin for the quarter that ended in Oct. 2023 is calculated as


Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=136.5 / 208.2
=(Revenue - Cost of Goods Sold) / Revenue
=(208.2 - 71.7) / 208.2
=65.56 %

* 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.


Groupe Partouche  (STU:PZ21) 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

Groupe Partouche had a gross margin of 65.56% for the quarter that ended in Oct. 2023 => 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.


Groupe Partouche Gross Margin % Related Terms

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


Groupe Partouche (STU:PZ21) Business Description

Traded in Other Exchanges
Address
141 bis, Rue de Saussure, Paris, FRA, 75017
Groupe Partouche is a France-based company that owns and operates casinos and Hotels. It conducts its activities in France, Belgium, and Switzerland. The games that the company provides include Boule, Texas Hold'em poker, and electronic roulette and slot machines. The company's segments are divided into Casinos, Hotels, and Other Activities. The Casino division, comprises gaming, catering, and entertainment, the Hotel division, comprises accommodation and hospitality services. The majority of the revenue is generated from the Casinos segment. The group also operates in the rest of Europe and at the international level.

Groupe Partouche (STU:PZ21) Headlines

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