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Cirrus Logic Gross Margin %

: 50.54% (As of Sep. 2021)
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Gross Margin % is calculated as gross profit divided by its revenue. Cirrus Logic's Gross Profit for the three months ended in Sep. 2021 was $235 Mil. Cirrus Logic's Revenue for the three months ended in Sep. 2021 was $466 Mil. Therefore, Cirrus Logic's Gross Margin % for the quarter that ended in Sep. 2021 was 50.54%.


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

NAS:CRUS' s Gross Margin % Range Over the Past 10 Years
Min: 46.45   Med: 49.76   Max: 53.99
Current: 50.9

46.45
53.99

During the past 13 years, the highest Gross Margin % of Cirrus Logic was 53.99%. The lowest was 46.45%. And the median was 49.76%.

NAS:CRUS's Gross Margin % is ranked higher than
65% of the 215 Companies
in the Semiconductors industry.

( Industry Median: 42.26 vs. NAS:CRUS: 50.90 )

Cirrus Logic had a gross margin of 50.54% for the quarter that ended in Sep. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cirrus Logic was 1.80% per year.


Cirrus Logic Gross Margin % Historical Data

The historical data trend for Cirrus Logic'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.

Cirrus Logic Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.24 49.65 50.40 52.62 51.66

Cirrus Logic Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 51.89 51.77 50.46 50.48 50.54

Competitive Comparison

For the Semiconductors subindustry, Cirrus Logic'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.

   

Cirrus Logic Gross Margin % Distribution

For the Semiconductors industry and Technology sector, Cirrus Logic's Gross Margin % distribution charts can be found below:

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



Cirrus Logic Gross Margin % Calculation

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

Cirrus Logic's Gross Margin for the fiscal year that ended in Mar. 2021 is calculated as

Gross Margin % (A: Mar. 2021 )=Gross Profit (A: Mar. 2021 ) / Revenue (A: Mar. 2021 )
=707.3 / 1369.23
=(Revenue - Cost of Goods Sold) / Revenue
=(1369.23 - 661.929) / 1369.23
=51.66 %

Cirrus Logic's Gross Margin for the quarter that ended in Sep. 2021 is calculated as


Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=235.4 / 465.886
=(Revenue - Cost of Goods Sold) / Revenue
=(465.886 - 230.442) / 465.886
=50.54 %

* 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.


Cirrus Logic  (NAS:CRUS) 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

Cirrus Logic had a gross margin of 50.54% for the quarter that ended in Sep. 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.


Cirrus Logic Gross Margin % Related Terms

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


Cirrus Logic Business Description

Cirrus Logic logo
Industry
Technology » Semiconductors NAICS : 334413 SIC : 3674
Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, Japan, Taiwan, and countries across the world.
Executives
Baumgartner Jeffrey W officer: VP of R&D 800 W. 6TH STREET AUSTIN TX 78701
Lego Catherine P director 3787 WOODSIDE ROAD WOODSIDE CA 94062
Carter John C director 800 WEST 6TH STREET AUSTIN TX 78701
Forsyth John officer: President 800 W. 6TH STREET AUSTIN TX 78701
Hanford Deirdre director 700 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 9403
Tupman David J. director 1028 CHURCH ST. SAN FRANCISCO CA 94114
Schuele Alan R director C/O SEVIN ROSEN FUNDS 13455 NOEL RD #1670 DALLAS TX 75240
Dehne Timothy R director C/O NATIONAL INSTRUMENTS 11500 MOPAC BLDG B AUSTIN TX 78759
Davern Alexander M director C/O NATIONAL INSTRUMENTS 11500 MOPAC BLDG C AUSTIN TX 78759
Anderson Scott Arnold officer: Senior VP of Supply Chain 1303 E ALGONQUIN RD SCHAUMBURG IL 60196
Rhode Jason P director, officer: CEO 2901 VIA FORTUNA AUSTIN TX 78746
Fluke Bradley J officer: VP & GM, MEMS Division 400 W CESAR CHAVEZ AUSTIN TX 78701
Case Thurman K officer: VP & CFO C/O CIRUS LOGIC INC 2901 VIA FORTUNA AUSTIN TX 78746
Benson Jodee officer: VP & Chief Culture Office 2901 VIA FORTUNA AUSTIN TX 78746
Thomas Scott officer: SVP General Counsel & Corp C/O CIRRUS LOGIC INC 800 WEST 6TH STREET AUSTIN TX 78701

Cirrus Logic Headlines

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