World Gym (TPE:2762) Gross Margin %: 20.78% (As of Dec. 2025) — 27% Above Median

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TPE:2762 World Gym Corp TPE:2762
28 GF Score
Price NT$83.90
! 9 Warning Signs
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What is World Gym Gross Margin %?

World Gym TPE:2762 -2.56% 28 Gross Margin % is 20.78% as of Dec. 2025, which is 27% above its 10-year median of 16.30. GuruFocus rates TPE:2762 with a GF Score™ of 28/100. The stock has 9 warning signs investors should review. Among 790 Travel & Leisure companies, World Gym ranks worse than 86.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. World Gym's Gross Profit for the three months ended in Dec. 2025 was NT$598 Mil. World Gym's Revenue for the three months ended in Dec. 2025 was NT$2,878 Mil. Therefore, World Gym's Gross Margin % for the quarter that ended in Dec. 2025 was 20.78%.

Warning Sign:

World Gym Corp gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


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

TPE:2762' s Gross Margin % Range Over the Past 10 Years
Min: 13.16   Med: 16.3   Max: 23.43
Current: 17.29


During the past 6 years, the highest Gross Margin % of World Gym was 23.43%. The lowest was 13.16%. And the median was 16.30%.

TPE:2762's Gross Margin % is ranked worse than
86.2% of 790 companies
in the Travel & Leisure industry
Industry Median: 43.64 vs TPE:2762: 17.29

World Gym had a gross margin of 20.78% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for World Gym was -2.50% per year.


World Gym  (TPE:2762) 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

World Gym had a gross margin of 20.78% for the quarter that ended in Dec. 2025 => 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.


World Gym Gross Margin % Related Terms


World Gym Gross Margin % Historical Data

* Premium members only.

The historical data trend for World Gym'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.

World Gym Gross Margin % Chart

World Gym Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 13.16 16.09 16.45 16.15 17.29

World Gym Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 15.43 15.55 15.84 16.71 20.78

TPE:2762 vs AS, HAS, LTH: Gross Margin % Comparison

For the Leisure subindustry, World Gym'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.


World Gym Gross Margin % vs Travel & Leisure Industry

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

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


TPE:2762
28GF Score
World Gym Corp TPE:2762
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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World Gym Gross Margin % Calculation

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

World Gym'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 )
=1899 / 10983.985
=(Revenue - Cost of Goods Sold) / Revenue
=(10983.985 - 9084.936) / 10983.985
=17.29 %

World Gym'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 )
=598.1 / 2878.482
=(Revenue - Cost of Goods Sold) / Revenue
=(2878.482 - 2280.34) / 2878.482
=20.78 %

* 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 20.78% mean?
World Gym (TPE:2762) has a Gross Margin % of 20.78% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on World Gym and its competitors. This is 27% above median its historical median of 16.30. Over the past decade, World Gym's Gross Margin % has ranged from 13.16 to 23.43. According to the industry distribution chart, World Gym ranks #681 out of 790 companies in the Travel & Leisure industry, placing it in the top 86.2%.
Is World Gym's Gross Margin % too high?
World Gym's current Gross Margin % of 20.78% is 27% above median its 10-year median of 16.30. Over the past 10 years, this metric has ranged from a low of 13.16 to a high of 23.43. The Travel & Leisure industry median Gross Margin % is 43.64. World Gym's value of 20.78% is 52.4% below this industry median. Based on the distribution chart, World Gym ranks #681 out of 790 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, World Gym has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does World Gym's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, World Gym ranks #681 out of 790 companies for Gross Margin %. This places World Gym in the lower half of its industry. The industry median Gross Margin % is 43.64. World Gym's value of 20.78% is 52.4% below this benchmark. Historically, World Gym's own Gross Margin % has ranged from 13.16 to 23.43 over the past decade. While the company's 10-year median is 16.30 vs. the industry median of 43.64, World Gym 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.64, based on 790 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. World Gym's current Gross Margin % of 20.78% is 52.4% 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 World Gym and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Gym's current Gross Margin % is 20.78%, which is 27% above median its own 10-year median of 16.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Gym stock overvalued right now?
World Gym (TPE:2762) has a current Gross Margin % of 20.78%. The current Gross Margin % is 20.78%, which is 27% above median its 10-year median of 16.30 and 52.4% below the Travel & Leisure industry median of 43.64. World Gym's overall GF Score™ is 28/100 with 9 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 World Gym (TPE:2762), the current Gross Margin % is 20.78% 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.

World Gym Business Description

Address 36th Floor, No. 402, Shizheng Road, Xitun District, Taichung, TWN
World Gym Corp is a fitness company in Taiwan and the owner of the World Gym International and World Gym brands. The company operates a world-wide network of directly operated and franchised locations across the globe. It offers member access to fitness facilities, programs, and technology-driven solutions.
28GF Score

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

NT$83.90
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