Startline Co (TSE:477A) Gross Margin %: 39.25% (As of Mar. 2026) — Near Median


TSE:477A Startline Co Ltd TSE:477A
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What is Startline Co Gross Margin %?

Startline Co TSE:477A +1.20% 7 Gross Margin % is 39.25% as of Mar. 2026, which is 4% above its 10-year median of 37.64. GuruFocus rates TSE:477A with a GF Score™ of 7/100. The stock has 3 warning signs investors should review. Among 1,006 Business Services companies, Startline Co ranks better than 55.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Startline Co's Gross Profit for the six months ended in Mar. 2026 was 円1,172 Mil. Startline Co's Revenue for the six months ended in Mar. 2026 was 円2,988 Mil. Therefore, Startline Co's Gross Margin % for the quarter that ended in Mar. 2026 was 39.25%.


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

TSE:477A' s Gross Margin % Range Over the Past 10 Years
Min: 36.71   Med: 37.64   Max: 38.84
Current: 37.64


During the past 3 years, the highest Gross Margin % of Startline Co was 38.84%. The lowest was 36.71%. And the median was 37.64%.

TSE:477A's Gross Margin % is ranked better than
55.47% of 1006 companies
in the Business Services industry
Industry Median: 34.46 vs TSE:477A: 37.64

Startline Co had a gross margin of 39.25% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Startline Co was 0.00% per year.


Startline Co  (TSE:477A) 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

Startline Co had a gross margin of 39.25% for the quarter that ended in Mar. 2026 => 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.


Startline Co Gross Margin % Related Terms


Startline Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Startline 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.

Startline Co Gross Margin % Chart

Startline Co Annual Data
Trend Mar24 Mar25 Mar26
Gross Margin %
38.84 36.71 37.64

Startline Co Semi-Annual Data
Mar24 Mar25 Sep25 Mar26
Gross Margin % 0.00 0.00 35.79 39.25

TSE:477A vs CTAS, CPRT, ULS: Gross Margin % Comparison

For the Specialty Business Services subindustry, Startline 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.


Startline Co Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Startline Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Startline Co's Gross Margin % falls into.


TSE:477A
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Startline Co Ltd TSE:477A
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Startline Co Gross Margin % Calculation

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

Startline Co's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=2107.3 / 5599.179
=(Revenue - Cost of Goods Sold) / Revenue
=(5599.179 - 3491.922) / 5599.179
=37.64 %

Startline Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1172.5 / 2987.535
=(Revenue - Cost of Goods Sold) / Revenue
=(2987.535 - 1815.073) / 2987.535
=39.25 %

* 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 39.25% mean?
Startline Co (TSE:477A) has a Gross Margin % of 39.25% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Startline Co and its competitors. This is near median its historical median of 37.64. Over the past decade, Startline Co's Gross Margin % has ranged from 36.71 to 38.84. According to the industry distribution chart, Startline Co ranks #448 out of 1006 companies in the Business Services industry, placing it in the top 44.5%.
Is Startline Co's Gross Margin % too high?
Startline Co's current Gross Margin % of 39.25% is near median its 10-year median of 37.64. Over the past 10 years, this metric has ranged from a low of 36.71 to a high of 38.84. The Business Services industry median Gross Margin % is 34.46. Startline Co's value of 39.25% is 13.9% above this industry median. Based on the distribution chart, Startline Co ranks #448 out of 1006 companies in the Business Services industry, which is above the industry midpoint. Overall, Startline Co has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Startline Co's Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Startline Co ranks #448 out of 1006 companies for Gross Margin %. This puts Startline Co in the upper half of its industry. The industry median Gross Margin % is 34.46. Startline Co's value of 39.25% is 13.9% above this benchmark. Historically, Startline Co's own Gross Margin % has ranged from 36.71 to 38.84 over the past decade. While the company's 10-year median is 37.64 vs. the industry median of 34.46, Startline 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,006 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. Startline Co's current Gross Margin % of 39.25% is 13.9% 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 Startline Co and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Startline Co's current Gross Margin % is 39.25%, which is near median its own 10-year median of 37.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Startline Co stock overvalued right now?
Startline Co (TSE:477A) has a current Gross Margin % of 39.25%. The current Gross Margin % is 39.25%, which is near median its 10-year median of 37.64 and 13.9% above the Business Services industry median of 34.46. Startline Co's overall GF Score™ is 7/100 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 Startline Co (TSE:477A), the current Gross Margin % is 39.25% as of Mar. 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.

Startline Co Business Description

Address 1-12-17 Kamirenjaku, Mitaka Business Park Building 1, 3rd Floor, Mitaka-shi, Tokyo, JPN, 181-0012
Startline Co Ltd is engaged in employment and vocational support services for persons with disabilities.
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