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Adairs's gross profit for the
six
months ended in Dec. 2025 was A$153.9 Mil. Adairs's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was A$294.6 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Adairs's gross profit for the
six
months ended in Dec. 2025 was A$153.9 Mil. Adairs's Revenue for the
six
months ended in Dec. 2025 was A$329.0 Mil. Therefore, Adairs's Gross Margin % for the quarter that ended in Dec. 2025 was 46.79%.
Adairs had a gross margin of 46.79% for the quarter that ended in Dec. 2025 => Durable competitive advantage
During the past 11 years, the highestGross Margin % of Adairs was 60.95%. The lowest was 45.95%. And the median was 57.17%.
Warning Sign:
Adairs Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.1%.
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
Adairs had a gross margin of 46.79% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Adairs Gross Profit Related Terms
Adairs Gross Profit Historical Data
* Premium members only.
The historical data trend for Adairs's Gross Profit 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.
ASX:ADH vs CASY, WSM, ULTA: Gross Profit Comparison
For the Specialty Retail subindustry, Adairs's Gross Profit, along with its competitors' market caps and Gross Profit 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.
Adairs Gross Profit vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Adairs's Gross Profit distribution charts can be found below:
* The bar in red indicates where Adairs's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$294.6 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Adairs's Gross Margin % for the quarter that ended in Dec. 2025 is calculated as
* 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.
Adairs (ASX:ADH) has a Gross Profit of A$294.6 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Adairs and its competitors.
Is Adairs' Gross Profit too high?
Adairs' current Gross Profit is A$294.6 Mil. Overall, Adairs has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Adairs' Gross Profit compare to CASY and WSM?
Adairs' Gross Profit of A$294.6 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Retail - Cyclical company?
A good Gross Profit depends on the Retail - Cyclical industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Adairs and its competitors. Adairs's current Gross Profit is A$294.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adairs stock overvalued right now?
Based on GuruFocus' analysis, Adairs (ASX:ADH) is currently considered Possible Value Trap. The stock's GF Value™ is A$2.13, compared to a current price of A$1.47 — trading 31% below its estimated fair value. The current Gross Profit is A$294.6 Mil. Adairs' overall GF Score™ is 84/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Adairs (ASX:ADH), the current Gross Profit is A$294.6 Mil 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 Adairs (ASX:ADH) Overvalued in 2026?
Based on GuruFocus' analysis, Adairs stock appears to be undervalued.
The current stock price of A$1.47 is trading 31% below its estimated GF Value™ of A$2.13.
GuruFocus considers Adairs to be Possible Value Trap.
Key valuation signals for ASX:ADH:
Gross Profit: A$294.6 Mil
GF Value™: A$2.13 vs. price of A$1.47 (31% below fair value)
No single metric tells the full story. See the ASX:ADH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adairs Ltd is engaged in the retailing of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as quilt covers and coverlets, sheets, cotton flannelette, pillowcases, quilts, pillows, mattress protectors, pillow protectors, blankets, nursery products, valances, bed wraps, bedspreads, and slippers, kids beach products and towels, cushions, throws, gifts and toys, wall arts, rugs, laundry, and home care products, chairs, bedheads, storage and shelves, ottomans and bench seats, and tables, as well as pots and plants, baskets, throws, home decor, and fragrance products, mirrors, lighting products, and tableware and pets products. Its operating segments are Adairs, Focus on Furniture, and Mocka.
84GF Score
Get the complete analysis for ASX:ADH
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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