GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bloomin Brands Inc (NAS:BLMN) » Definitions » Gross Margin %

Bloomin Brands (Bloomin Brands) Gross Margin % : 17.56% (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Bloomin Brands Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bloomin Brands's Gross Profit for the three months ended in Dec. 2023 was $210 Mil. Bloomin Brands's Revenue for the three months ended in Dec. 2023 was $1,194 Mil. Therefore, Bloomin Brands's Gross Margin % for the quarter that ended in Dec. 2023 was 17.56%.


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

BLMN' s Gross Margin % Range Over the Past 10 Years
Min: 10.6   Med: 16.49   Max: 17.75
Current: 17.35


During the past 13 years, the highest Gross Margin % of Bloomin Brands was 17.75%. The lowest was 10.60%. And the median was 16.49%.

BLMN's Gross Margin % is ranked worse than
88.34% of 343 companies
in the Restaurants industry
Industry Median: 46.87 vs BLMN: 17.35

Bloomin Brands had a gross margin of 17.56% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bloomin Brands was 2.80% per year.


Bloomin Brands Gross Margin % Historical Data

The historical data trend for Bloomin Brands'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.

Bloomin Brands Gross Margin % Chart

Bloomin Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.24 10.60 17.75 16.77 17.35

Bloomin Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.46 18.96 17.54 15.04 17.56

Competitive Comparison of Bloomin Brands's Gross Margin %

For the Restaurants subindustry, Bloomin Brands'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.


Bloomin Brands's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bloomin Brands's Gross Margin % distribution charts can be found below:

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



Bloomin Brands Gross Margin % Calculation

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

Bloomin Brands's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=810.4 / 4671.47
=(Revenue - Cost of Goods Sold) / Revenue
=(4671.47 - 3861.111) / 4671.47
=17.35 %

Bloomin Brands's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=209.6 / 1194.197
=(Revenue - Cost of Goods Sold) / Revenue
=(1194.197 - 984.549) / 1194.197
=17.56 %

* 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.


Bloomin Brands  (NAS:BLMN) 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

Bloomin Brands had a gross margin of 17.56% for the quarter that ended in Dec. 2023 => 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.


Bloomin Brands Gross Margin % Related Terms

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


Bloomin Brands (Bloomin Brands) Business Description

Traded in Other Exchanges
Address
2202 North West Shore Boulevard, Suite 500, Tampa, FL, USA, 33607
Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.
Executives
Rohit Lal director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Lissette R Gonzalez officer: SVP, Global Supply Chain Offic 2202 N. WEST SHORE BLVD., SUITE 500, TAMAP FL 33607
Brett A Patterson officer: SVP, Pres Outback Steakhouse 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Mark E Graff officer: SVP, Development 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Astrid Isaacs officer: SVP, Chief Technology Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Elizabeth A Smith director, officer: Chairman and CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gainor John P Jr director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Julie T. Kunkel director 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
David J. Deno officer: Executive Vice President & CFO 111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402
Suzann Trevisan officer: Chief Human Resources Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Melanie Marein-efron director C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Philip J Pace officer: SVP, Chief Accounting Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Kelly Lefferts officer: EVP, Chief Legal Officer 2202 N. WEST SHORE BLVD SUITE 500, TAMPA FL 33607
Gregg Scarlett officer: EVP & Pres. Bonefish Grill 2202 NORTH WEST SHORE BOULEVARD, TAMPA FL 33607
Lawrence V Jackson director C/O ASSURANT, INC., 28 LIBERTY ST., 41 F, NEW YORK NY 10005