United Breweries Co (XSGO:CU-CL) Gross Margin %: 47.29% (As of Mar. 2026) — Near Median


What is United Breweries Co Gross Margin %?

United Breweries Co XSGO:CU-CL 75 Gross Margin % is 47.29% as of Mar. 2026, which is 1% below its 10-year median of 47.53. GuruFocus rates XSGO:CU-CL with a GF Score™ of 75/100. The stock has 5 warning signs investors should review. Among 204 Beverages - Alcoholic companies, United Breweries Co ranks better than 58.33% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. United Breweries Co's Gross Profit for the three months ended in Mar. 2026 was $424.57 Mil. United Breweries Co's Revenue for the three months ended in Mar. 2026 was $897.86 Mil. Therefore, United Breweries Co's Gross Margin % for the quarter that ended in Mar. 2026 was 47.29%.

Warning Sign:

United Breweries Co Inc gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

XSGO:CU-CL' s Gross Margin % Range Over the Past 10 Years
Min: 44.13   Med: 47.53   Max: 52.97
Current: 44.55


During the past 13 years, the highest Gross Margin % of United Breweries Co was 52.97%. The lowest was 44.13%. And the median was 47.53%.

XSGO:CU-CL's Gross Margin % is ranked better than
58.33% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 42.325 vs XSGO:CU-CL: 44.55

United Breweries Co had a gross margin of 47.29% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for United Breweries Co was -1.20% per year.


United Breweries Co  (XSGO:CU-CL) 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

United Breweries Co had a gross margin of 47.29% for the quarter that ended in Mar. 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.


United Breweries Co Gross Margin % Related Terms


United Breweries Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for United Breweries 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.

United Breweries Co Gross Margin % Chart

United Breweries Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.02 44.13 46.26 45.23 44.39

United Breweries Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.74 40.84 42.50 46.01 47.29

XSGO:CU-CL vs BUD, STZ, TAP: Gross Margin % Comparison

For the Beverages - Brewers subindustry, United Breweries 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.


United Breweries Co Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries Co's Gross Margin % distribution charts can be found below:

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



United Breweries Co Gross Margin % Calculation

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

United Breweries Co'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 )
=1413.2 / 3183.589
=(Revenue - Cost of Goods Sold) / Revenue
=(3183.589 - 1770.384) / 3183.589
=44.39 %

United Breweries 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 )
=424.6 / 897.858
=(Revenue - Cost of Goods Sold) / Revenue
=(897.858 - 473.29) / 897.858
=47.29 %

* 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 47.29% mean?
United Breweries Co (XSGO:CU-CL) has a Gross Margin % of 47.29% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on United Breweries Co and its competitors. This is near median its historical median of 47.53. Over the past decade, United Breweries Co's Gross Margin % has ranged from 44.13 to 52.97. According to the industry distribution chart, United Breweries Co ranks #85 out of 204 companies in the Beverages - Alcoholic industry, placing it in the top 41.7%.
Is United Breweries Co's Gross Margin % too high?
United Breweries Co's current Gross Margin % of 47.29% is near median its 10-year median of 47.53. Over the past 10 years, this metric has ranged from a low of 44.13 to a high of 52.97. The Beverages - Alcoholic industry median Gross Margin % is 42.33. United Breweries Co's value of 47.29% is 11.7% above this industry median. Based on the distribution chart, United Breweries Co ranks #85 out of 204 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, United Breweries Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does United Breweries Co's Gross Margin % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, United Breweries Co ranks #85 out of 204 companies for Gross Margin %. This puts United Breweries Co in the upper half of its industry. The industry median Gross Margin % is 42.33. United Breweries Co's value of 47.29% is 11.7% above this benchmark. Historically, United Breweries Co's own Gross Margin % has ranged from 44.13 to 52.97 over the past decade. While the company's 10-year median is 47.53 vs. the industry median of 42.33, United Breweries 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.33, based on 204 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. United Breweries Co's current Gross Margin % of 47.29% is 11.7% 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 United Breweries Co and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Breweries Co's current Gross Margin % is 47.29%, which is near median its own 10-year median of 47.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Breweries Co stock overvalued right now?
United Breweries Co (XSGO:CU-CL) has a current Gross Margin % of 47.29%. The current Gross Margin % is 47.29%, which is near median its 10-year median of 47.53 and 11.7% above the Beverages - Alcoholic industry median of 42.33. United Breweries Co's overall GF Score™ is 75/100 with 5 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 United Breweries Co (XSGO:CU-CL), the current Gross Margin % is 47.29% 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.

United Breweries Co Business Description

Other Exchanges CCU:USACVU:GermanyCCU:Chile
Address Avenida Vitacura N 2670, Twenty-Third Floor, Santiago, CHL
United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.