Emmi AGXSWX:EMMN +1.63%89 Gross Margin % is 39.19% as of Dec. 2025, which is 8% above its 10-year median of 36.34. GuruFocus rates XSWX:EMMN with a GF Score™ of 89/100 and a GF Value™ of CHF965.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Emmi AG ranks better than 74.71% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Emmi AG's Gross Profit for the
six
months ended in Dec. 2025 was CHF969 Mil. Emmi AG's Revenue for the
six
months ended in Dec. 2025 was CHF2,473 Mil. Therefore, Emmi AG's Gross Margin % for the quarter that ended in Dec. 2025 was 39.19%.
The historical rank and industry rank for Emmi AG's Gross Margin % or its related term are showing as below:
XSWX:EMMN'
s Gross Margin % Range Over the Past 10 Years
Min: 35.06 Med: 36.34 Max: 39.57
Current: 39.57
During the past 13 years, the highestGross Margin % of Emmi AG was 39.57%. The lowest was 35.06%. And the median was 36.34%.
XSWX:EMMN's Gross Margin % is ranked better than 74.71% of 1902
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs XSWX:EMMN: 39.57
Emmi AG had a gross margin of 39.19% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Emmi AG was 1.70% per year.
Emmi AG (XSWX:EMMN) 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
Emmi AG had a gross margin of 39.19% for the quarter that ended in Dec. 2025 => 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.
Emmi AG Gross Margin % Related Terms
Emmi AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Emmi AG'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.
XSWX:EMMN vs KHC, GIS, JBS: Gross Margin % Comparison
For the Packaged Foods subindustry, Emmi AG'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.
Emmi AG Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Emmi AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Emmi AG'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.
Emmi AG (XSWX:EMMN) has a Gross Margin % of 39.19% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Emmi AG and its competitors. This is near median its historical median of 36.34. Over the past decade, Emmi AG's Gross Margin % has ranged from 35.06 to 39.57. According to the industry distribution chart, Emmi AG ranks #481 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 25.3%.
Is Emmi AG's Gross Margin % too high?
Emmi AG's current Gross Margin % of 39.19% is near median its 10-year median of 36.34. Over the past 10 years, this metric has ranged from a low of 35.06 to a high of 39.57. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Emmi AG's value of 39.19% is 48.6% above this industry median. Based on the distribution chart, Emmi AG ranks #481 out of 1902 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Emmi AG has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emmi AG's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Emmi AG ranks #481 out of 1902 companies for Gross Margin %. This puts Emmi AG in the upper half of its industry. The industry median Gross Margin % is 26.37. Emmi AG's value of 39.19% is 48.6% above this benchmark. Historically, Emmi AG's own Gross Margin % has ranged from 35.06 to 39.57 over the past decade. While the company's 10-year median is 36.34 vs. the industry median of 26.37, Emmi AG 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. Emmi AG's current Gross Margin % of 39.19% is 48.6% 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 Emmi AG and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmi AG's current Gross Margin % is 39.19%, which is near median its own 10-year median of 36.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmi AG stock overvalued right now?
Based on GuruFocus' analysis, Emmi AG (XSWX:EMMN) is currently considered Fairly Valued. The stock's GF Value™ is CHF965.46, compared to a current price of CHF874.00 — trading 9.5% below its estimated fair value. The current Gross Margin % is 39.19%, which is near median its 10-year median of 36.34 and 48.6% above the Consumer Packaged Goods industry median of 26.37. Emmi AG's overall GF Score™ is 89/100 with 4 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 Emmi AG (XSWX:EMMN), the current Gross Margin % is 39.19% as of Dec. 2025. 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.
Is Emmi AG (XSWX:EMMN) Overvalued in 2026?
Based on GuruFocus' analysis, Emmi AG stock appears to be undervalued.
The current stock price of CHF874.00 is trading 9.5% below its estimated GF Value™ of CHF965.46.
GuruFocus considers Emmi AG to be Fairly Valued.
Key valuation signals for XSWX:EMMN:
Gross Margin %: 39.19% (near median its 10-year median of 36.34)
GF Value™: CHF965.46 vs. price of CHF874.00 (9.5% below fair value)
Industry Position: 48.6% above the Consumer Packaged Goods median (#481 of 1902)
No single metric tells the full story. See the XSWX:EMMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emmi AG is a Swiss dairy products manufacturer. The company generates revenue in Switzerland, the Americas, other European countries, and the rest of the world. By product category, dairy products, cheese, and fresh products are the main segments. The company also offers powder/concentrates among other products/services.
89GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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