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Core-Mark Holding Co (Core-Mark Holding Co) Gross Margin % : 5.42% (As of Jun. 2021)


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What is Core-Mark Holding Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Core-Mark Holding Co's Gross Profit for the three months ended in Jun. 2021 was $244 Mil. Core-Mark Holding Co's Revenue for the three months ended in Jun. 2021 was $4,496 Mil. Therefore, Core-Mark Holding Co's Gross Margin % for the quarter that ended in Jun. 2021 was 5.42%.


The historical rank and industry rank for Core-Mark Holding Co's Gross Margin % or its related term are showing as below:

CORE' s Gross Margin % Range Over the Past 10 Years
Min: 5.05   Med: 5.36   Max: 5.76
Current: 5.34


During the past 13 years, the highest Gross Margin % of Core-Mark Holding Co was 5.76%. The lowest was 5.05%. And the median was 5.36%.

CORE's Gross Margin % is not ranked
in the Retail - Defensive industry.
Industry Median: 22.835 vs CORE: 5.34

Core-Mark Holding Co had a gross margin of 5.42% for the quarter that ended in Jun. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Core-Mark Holding Co was -0.50% per year.


Core-Mark Holding Co Gross Margin % Historical Data

The historical data trend for Core-Mark Holding 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.

* Premium members only.

Core-Mark Holding Co Gross Margin % Chart

Core-Mark Holding Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.07 5.05 5.29 5.54 5.24

Core-Mark Holding Co Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 5.00 5.22 5.22 5.53 5.42

Competitive Comparison of Core-Mark Holding Co's Gross Margin %

For the Food Distribution subindustry, Core-Mark Holding 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.


Core-Mark Holding Co's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Core-Mark Holding Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Core-Mark Holding Co's Gross Margin % falls into.



Core-Mark Holding Co Gross Margin % Calculation

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

Core-Mark Holding Co's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=888.3 / 16957.9
=(Revenue - Cost of Goods Sold) / Revenue
=(16957.9 - 16069.6) / 16957.9
=5.24 %

Core-Mark Holding Co's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=243.7 / 4495.9
=(Revenue - Cost of Goods Sold) / Revenue
=(4495.9 - 4252.2) / 4495.9
=5.42 %

* 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.


Core-Mark Holding Co  (NAS:CORE) 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

Core-Mark Holding Co had a gross margin of 5.42% for the quarter that ended in Jun. 2021 => No sustainable 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.


Core-Mark Holding Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Core-Mark Holding Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Core-Mark Holding Co (Core-Mark Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
1500 Solana Boulevard, Suite 3400, Westlake, TX, USA, 76262
Core-Mark Holding Co Inc is a wholesale distributor to the convenience retail industry in North America, providing sales, marketing, distribution, and logistics services to customers across the United States and Canada. The company offers customers a wide range of branded and private label products including cigarettes, food, candy, health and beauty products, and beverages. Geographically, it generates a majority of its revenue from the United States.
Executives
Christopher M Miller officer: Senior VP & CFO 200 FOURTH ST OAKLAND CA 94607
Scott E Mcpherson director, officer: President and CEO 395 OYSTER POINT BLVD, SUITE 415, SAN FRANCISCO CA 94080
Alan T Thomas officer: SVP, Western Divisions 395 OYSTER POINT BLVD SUITE 415 SOUTH SAN FRANCISCO CA 94080
Jennifer Hulett officer: Senior VP and Chief HR Officer 1500 SOLANA BLVD., SUITE 3400, WESTLAKE TX 76262
Christopher M Murray officer: SVP - Marketing 1500 SOLANA BLVD SUITE 3400 WESTLAKE TX 76262
Diane Randolph director 1500 SOLANA BLVD, SUITE 3400, WESTLAKE TX 76262
Stuart W Booth director C/O CENTRAL GARDEN & PET CO, 3697 MT DIABLO BLVD STE 310, LAFAYETTE CA 94549
David Jackson Lawrence officer: VP - Treasury & IR 1500 SOLANA BLVD BUILDING 3, SUITE 3400 WESTLAKE TX 76262
Jordana Daryl Kammerud officer: Senior VP and Chief HR Officer ONE RIVERFRONT PLAZA, CORNING NY 14831
Laura Jean Flanagan director 395 OYSTER POINT BLVD, SUITE 415, SOUTH SAN FRANCISCO CA 94080
Christopher Hobson officer: Senior VP US Distribution East 395 OYSTER POINT BLVD. SOUTH SAN FRANCISCO CA 94080
William Stein officer: Senior VP Enterprise Growth 395 OYSTER POINT BLVD SOUTH SAN FRANCISCO CA 94080
Eric Rolheiser officer: President - Canada Operations 395 OYSTER POINT BLVD. SUITE 415 SOUTH SAN FRANCISCO CA 94080
Rocky Dewbre director 46 FLORHAM PARK DR., SPRING TX 77379
Harvey L Tepner director 395 OYSTER POINT BLVD., SUITE 415, SAN FRANCISCO CA 94080

Core-Mark Holding Co (Core-Mark Holding Co) Headlines

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