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Liberty Formula One Group Gross Margin %

: 28.23% (As of Jun. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. Liberty Formula One Group's Gross Profit for the three months ended in Jun. 2022 was $210 Mil. Liberty Formula One Group's Revenue for the three months ended in Jun. 2022 was $744 Mil. Therefore, Liberty Formula One Group's Gross Margin % for the quarter that ended in Jun. 2022 was 28.23%.


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

FWONA' s Gross Margin % Range Over the Past 10 Years
Min: 14.93   Med: 30.69   Max: 54.4
Current: 32.16


During the past 12 years, the highest Gross Margin % of Liberty Formula One Group was 54.40%. The lowest was 14.93%. And the median was 30.69%.

FWONA's Gross Margin % is ranked worse than
62.21% of 942 companies
in the Media - Diversified industry
Industry Median: 39.03 vs FWONA: 32.16

Liberty Formula One Group had a gross margin of 28.23% for the quarter that ended in Jun. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Liberty Formula One Group was 0.00% per year.


Liberty Formula One Group Gross Margin % Historical Data

The historical data trend for Liberty Formula One Group'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.

Liberty Formula One Group 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 31.63 30.32 31.06 14.93 30.29

Liberty Formula One Group Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 20.56 32.78 29.10 45.83 28.23

Competitive Comparison

For the Entertainment subindustry, Liberty Formula One Group'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.

   

Liberty Formula One Group Gross Margin % Distribution

For the Media - Diversified industry and Communication Services sector, Liberty Formula One Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Liberty Formula One Group's Gross Margin % falls into.



Liberty Formula One Group Gross Margin % Calculation

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

Liberty Formula One Group'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 )
=647 / 2136
=(Revenue - Cost of Goods Sold) / Revenue
=(2136 - 1489) / 2136
=30.29 %

Liberty Formula One Group's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=210 / 744
=(Revenue - Cost of Goods Sold) / Revenue
=(744 - 534) / 744
=28.23 %

* 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.


Liberty Formula One Group  (NAS:FWONA) 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

Liberty Formula One Group had a gross margin of 28.23% for the quarter that ended in Jun. 2022 => Competition eroding margins


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.


Liberty Formula One Group Gross Margin % Related Terms

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


Liberty Formula One Group Business Description

Liberty Formula One Group logo
Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. Formula One Group is a subsidiary of Liberty Media Corporation, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Liberty Formula One Group Headlines

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