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Human MadeTSE:456A -3.68%21 Gross Margin % is 65.85% as of Jan. 2026, which is 8% above its 10-year median of 61.22. GuruFocus rates TSE:456A with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Human Made ranks better than 92.31% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Human Made's Gross Profit for the
three
months ended in Jan. 2026 was 円2,844 Mil. Human Made's Revenue for the
three
months ended in Jan. 2026 was 円4,319 Mil. Therefore, Human Made's Gross Margin % for the quarter that ended in Jan. 2026 was 65.85%.
The historical rank and industry rank for Human Made's Gross Margin % or its related term are showing as below:
TSE:456A'
s Gross Margin % Range Over the Past 10 Years
Min: 59.87 Med: 61.22 Max: 65.47
Current: 65.47
During the past 3 years, the highestGross Margin % of Human Made was 65.47%. The lowest was 59.87%. And the median was 61.22%.
TSE:456A's Gross Margin % is ranked better than 92.31% of 1027
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.53
vs TSE:456A: 65.47
Human Made had a gross margin of 65.85% for the quarter that ended in Jan. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Human Made was 0.00% per year.
Human Made (TSE:456A) 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
Human Made had a gross margin of 65.85% for the quarter that ended in Jan. 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.
Human Made Gross Margin % Related Terms
Human Made Gross Margin % Historical Data
* Premium members only.
The historical data trend for Human Made'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.
TSE:456A vs RL, LEVI, VFC: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, Human Made'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.
Human Made Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Human Made's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Human Made'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.
Human Made (TSE:456A) has a Gross Margin % of 65.85% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Human Made and its competitors. This is near median its historical median of 61.22. Over the past decade, Human Made's Gross Margin % has ranged from 59.87 to 65.47. According to the industry distribution chart, Human Made ranks #79 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 7.7%.
Is Human Made's Gross Margin % too high?
Human Made's current Gross Margin % of 65.85% is near median its 10-year median of 61.22. Over the past 10 years, this metric has ranged from a low of 59.87 to a high of 65.47. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.53. Human Made's value of 65.85% is 130.8% above this industry median. Based on the distribution chart, Human Made ranks #79 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Human Made has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Human Made's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Human Made ranks #79 out of 1027 companies for Gross Margin %. This places Human Made in the top 8% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.53. Human Made's value of 65.85% is 130.8% above this benchmark. Historically, Human Made's own Gross Margin % has ranged from 59.87 to 65.47 over the past decade. While the company's 10-year median is 61.22 vs. the industry median of 28.53, Human Made 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.53, based on 1,027 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. Human Made's current Gross Margin % of 65.85% is 130.8% 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 Human Made and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Human Made's current Gross Margin % is 65.85%, which is near median its own 10-year median of 61.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Human Made stock overvalued right now?
Human Made (TSE:456A) has a current Gross Margin % of 65.85%. The current Gross Margin % is 65.85%, which is near median its 10-year median of 61.22 and 130.8% above the Manufacturing - Apparel & Accessories industry median of 28.53. Human Made's overall GF Score™ is 21/100 with 3 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 Human Made (TSE:456A), the current Gross Margin % is 65.85% as of Jan. 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.
Human Made Inc is engaged in Manufacture and sale of various apparel and textile products such as men's, women's, and children's apparel and decorative miscellaneous goods.
21GF Score
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