Thule Group AB's gross profit for the
three
months ended in Mar. 2026 was $124 Mil. Thule Group AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $506 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Thule Group AB's gross profit for the
three
months ended in Mar. 2026 was $124 Mil. Thule Group AB's Revenue for the
three
months ended in Mar. 2026 was $276 Mil. Therefore, Thule Group AB's Gross Margin % for the quarter that ended in Mar. 2026 was 44.85%.
Thule Group AB had a gross margin of 44.85% for the quarter that ended in Mar. 2026 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Thule Group AB was 46.00%. The lowest was 38.06%. And the median was 41.03%.
Thule Group AB (OTCPK:THLPF) Gross Profit 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
Thule Group AB had a gross margin of 44.85% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Thule Group AB Gross Profit Related Terms
Thule Group AB Gross Profit Historical Data
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The historical data trend for Thule Group AB'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.
For the Leisure subindustry, Thule Group AB'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.
Thule Group AB Gross Profit vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's Gross Profit distribution charts can be found below:
* The bar in red indicates where Thule Group AB's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $506 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Thule Group AB (THLPF) has a Gross Profit of $506 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Thule Group AB and its competitors.
Is Thule Group AB's Gross Profit too high?
Thule Group AB's current Gross Profit is $506 Mil. Overall, Thule Group AB has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Gross Profit compare to AS and HAS?
Thule Group AB's Gross Profit of $506 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Gross Profit depends on the Travel & Leisure 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 Thule Group AB and its competitors. Thule Group AB's current Gross Profit is $506 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thule Group AB stock overvalued right now?
Thule Group AB (THLPF) has a current Gross Profit of $506 Mil. The stock's GF Value™ is $39.04, compared to a current price of $26.82 — trading 31.3% below its estimated fair value. The current Gross Profit is $506 Mil. Thule Group AB's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Thule Group AB (THLPF), the current Gross Profit is $506 Mil 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.
Is Thule Group AB (THLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued.
The current stock price of $26.82 is trading 31.3% below its estimated GF Value™ of $39.04.
Key valuation signals for THLPF:
Gross Profit: $506 Mil
GF Value™: $39.04 vs. price of $26.82 (31.3% below fair value)
No single metric tells the full story. See the THLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thule Group AB is a manufacturer of sports and outdoor products. It develops and manufactures premium products that facilitate an active outdoor life. Its product categories; Sport & Cargo Carriers (roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment, and rooftop tents mounted on a car), Juvenile & Pet Products (strollers, bike trailers, and child bike seats), RV Products (awnings, bike carriers and tents for RVs and caravans) and Packs, Bags & Luggage (hiking backpacks, luggage, and camera bags). It has two operating segments: Region Europe and ROW, and Region Americas. Geographic markets: Sweden, Other Nordic countries, Germany, Other Europe, the USA, Other North America, Central/South America, Asia/Pacific Rim, and the Rest of the world.
81GF Score
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