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Lipps CoTSE:373A -0.20%20 Gross Margin % is 57.59% as of Feb. 2026, which is 3% below its 10-year median of 59.22. GuruFocus rates TSE:373A with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 1,117 Retail - Cyclical companies, Lipps Co ranks better than 83.35% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Lipps Co's Gross Profit for the
six
months ended in Feb. 2026 was 円1,253 Mil. Lipps Co's Revenue for the
six
months ended in Feb. 2026 was 円2,176 Mil. Therefore, Lipps Co's Gross Margin % for the quarter that ended in Feb. 2026 was 57.59%.
The historical rank and industry rank for Lipps Co's Gross Margin % or its related term are showing as below:
TSE:373A'
s Gross Margin % Range Over the Past 10 Years
Min: 57.85 Med: 59.22 Max: 62.78
Current: 57.85
During the past 3 years, the highestGross Margin % of Lipps Co was 62.78%. The lowest was 57.85%. And the median was 59.22%.
TSE:373A's Gross Margin % is ranked better than 83.35% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 36.29
vs TSE:373A: 57.85
Lipps Co had a gross margin of 57.59% for the quarter that ended in Feb. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Lipps Co was 0.00% per year.
Lipps Co (TSE:373A) 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
Lipps Co had a gross margin of 57.59% for the quarter that ended in Feb. 2026 => 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.
Lipps Co Gross Margin % Related Terms
Lipps Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Lipps Co'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.
Lipps Co Gross Margin % Chart
Lipps Co Annual Data
Trend
Aug23
Aug24
Aug25
Gross Margin %
62.78
59.22
58.02
Lipps Co Semi-Annual Data
Aug23
Aug24
Feb25
Aug25
Feb26
Gross Margin %
0.00
0.00
57.95
58.09
57.59
TSE:373A vs CASY, WSM, DKS: Gross Margin % Comparison
For the Specialty Retail subindustry, Lipps Co'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.
Lipps Co Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lipps Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Lipps Co'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.
Lipps Co (TSE:373A) has a Gross Margin % of 57.59% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Lipps Co and its competitors. This is near median its historical median of 59.22. Over the past decade, Lipps Co's Gross Margin % has ranged from 57.85 to 62.78. According to the industry distribution chart, Lipps Co ranks #186 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 16.7%.
Is Lipps Co's Gross Margin % too high?
Lipps Co's current Gross Margin % of 57.59% is near median its 10-year median of 59.22. Over the past 10 years, this metric has ranged from a low of 57.85 to a high of 62.78. The Retail - Cyclical industry median Gross Margin % is 36.29. Lipps Co's value of 57.59% is 58.7% above this industry median. Based on the distribution chart, Lipps Co ranks #186 out of 1117 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Lipps Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Lipps Co's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Lipps Co ranks #186 out of 1117 companies for Gross Margin %. This places Lipps Co in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.29. Lipps Co's value of 57.59% is 58.7% above this benchmark. Historically, Lipps Co's own Gross Margin % has ranged from 57.85 to 62.78 over the past decade. While the company's 10-year median is 59.22 vs. the industry median of 36.29, Lipps Co 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 36.29, 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. Lipps Co's current Gross Margin % of 57.59% is 58.7% 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 Lipps Co and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lipps Co's current Gross Margin % is 57.59%, which is near median its own 10-year median of 59.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lipps Co stock overvalued right now?
Lipps Co (TSE:373A) has a current Gross Margin % of 57.59%. The current Gross Margin % is 57.59%, which is near median its 10-year median of 59.22 and 58.7% above the Retail - Cyclical industry median of 36.29. Lipps Co's overall GF Score™ is 20/100 with 1 warning sign 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 Lipps Co (TSE:373A), the current Gross Margin % is 57.59% 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.
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