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Entain Gross Margin %

: 62.99% (As of Dec. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. Entain's Gross Profit for the six months ended in Dec. 2021 was £1,300 Mil. Entain's Revenue for the six months ended in Dec. 2021 was £2,063 Mil. Therefore, Entain's Gross Margin % for the quarter that ended in Dec. 2021 was 62.99%.


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

LSE:ENT' s Gross Margin % Range Over the Past 10 Years
Min: 54.44   Med: 62.04   Max: 72.83
Current: 63.6


During the past 13 years, the highest Gross Margin % of Entain was 72.83%. The lowest was 54.44%. And the median was 62.04%.

LSE:ENT's Gross Margin % is ranked better than
76.65% of 775 companies
in the Travel & Leisure industry
Industry Median: 39.58 vs LSE:ENT: 63.60

Entain had a gross margin of 62.99% for the quarter that ended in Dec. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Entain was 1.10% per year.


Entain Gross Margin % Historical Data

The historical data trend for Entain'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.

Entain Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.83 68.28 66.20 64.82 63.60

Entain Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 65.96 65.28 64.45 64.31 62.99

Competitive Comparison

For the Gambling subindustry, Entain'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.

   

Entain Gross Margin % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Entain's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Entain's Gross Margin % falls into.



Entain Gross Margin % Calculation

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

Entain's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=2435.8 / 3830
=(Revenue - Cost of Goods Sold) / Revenue
=(3830 - 1394.2) / 3830
=63.60 %

Entain's Gross Margin for the quarter that ended in Dec. 2021 is calculated as


Gross Margin % (Q: Dec. 2021 )=Gross Profit (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=1299.5 / 2063
=(Revenue - Cost of Goods Sold) / Revenue
=(2063 - 763.5) / 2063
=62.99 %

* 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.


Entain  (LSE:ENT) 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

Entain had a gross margin of 62.99% for the quarter that ended in Dec. 2021 => 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.


Entain Gross Margin % Related Terms

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Entain Business Description

Entain logo
Traded in Other Exchanges
Address
One New Change, London, GBR, EC4M 9AF
Entain PLC is an online sports betting and gaming company. It owns a portfolio of sports brands that include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Games Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group's operating segments are aggregated into five reportable segments: Online, Retail, New Opportunities, Other and Corporate.

Entain Headlines

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