Gross Margin % is calculated as gross profit divided by its revenue. Utz Brands's Gross Profit for the
three
months ended in Dec. 2024 was $119 Mil. Utz Brands's Revenue for the
three
months ended in Dec. 2024 was $341 Mil. Therefore, Utz Brands's Gross Margin % for the quarter that ended in Dec. 2024 was 35.02%.
The historical rank and industry rank for Utz Brands's Gross Margin % or its related term are showing as below:
UTZ'
s Gross Margin % Range Over the Past 10 Years
Min: 31.74 Med: 32.78 Max: 35.11
Current: 35.11
During the past 7 years, the highestGross Margin % of Utz Brands was 35.11%. The lowest was 31.74%. And the median was 32.78%.
UTZ's Gross Margin % is ranked better than 67.9% of 1835
companies
in the Consumer Packaged Goods industry
Industry Median: 25.87
vs UTZ: 35.11
Utz Brands had a gross margin of 35.02% for the quarter that ended in Dec. 2024 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Utz Brands was 0.00% per year.
Utz Brands Gross Margin % Historical Data
The historical data trend for Utz Brands'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.
Competitive Comparison of Utz Brands's Gross Margin %
For the Packaged Foods subindustry, Utz Brands'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.
Utz Brands's Gross Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Utz Brands's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Utz Brands'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.
Utz Brands (NYSE:UTZ) 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
Utz Brands had a gross margin of 35.02% for the quarter that ended in Dec. 2024 => 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.
Utz Brands Gross Margin % Related Terms
Thank you for viewing the detailed overview of Utz Brands's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Utz Brands Inc is a manufacturer of branded salty snacks. It produces a broad offering of salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, pub/party mixes, and other snacks. Its iconic portfolio of authentic, craft, and better-for-you (BFY) brands, which includes Utz, Zapp's, On The Border, Golden Flake, and Boulder Canyon, among others, enjoys household penetration in the United States, where its products can be found in approximately half of U.S. household. The company operates in eight manufacturing facilities with a broad range of capabilities, and its products are distributed nationally to grocery, mass, club, convenience, drug, e-commerce and other retailers through direct shipments, distributors, and approximately 2,500 DSD routes.
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