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Liberty TripAdvisor Holdings (Liberty TripAdvisor Holdings) Gross Margin %

: 73.33% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Liberty TripAdvisor Holdings's Gross Profit for the three months ended in Dec. 2023 was $286 Mil. Liberty TripAdvisor Holdings's Revenue for the three months ended in Dec. 2023 was $390 Mil. Therefore, Liberty TripAdvisor Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 73.33%.


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

LTRPB' s Gross Margin % Range Over the Past 10 Years
Min: 54.47   Med: 76.88   Max: 79.03
Current: 76.4


During the past 13 years, the highest Gross Margin % of Liberty TripAdvisor Holdings was 79.03%. The lowest was 54.47%. And the median was 76.88%.

LTRPB's Gross Margin % is ranked better than
64.94% of 522 companies
in the Interactive Media industry
Industry Median: 60.98 vs LTRPB: 76.40

Liberty TripAdvisor Holdings had a gross margin of 73.33% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Liberty TripAdvisor Holdings was 0.70% per year.


Liberty TripAdvisor Holdings Gross Margin % Historical Data

The historical data trend for Liberty TripAdvisor Holdings'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 TripAdvisor Holdings 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 75.19 54.47 68.29 77.35 76.40

Liberty TripAdvisor Holdings 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 74.29 73.85 77.33 79.55 73.33

Competitive Comparison

For the Internet Content & Information subindustry, Liberty TripAdvisor Holdings'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 TripAdvisor Holdings Gross Margin % Distribution

For the Interactive Media industry and Communication Services sector, Liberty TripAdvisor Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Liberty TripAdvisor Holdings's Gross Margin % falls into.



Liberty TripAdvisor Holdings Gross Margin % Calculation

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

Liberty TripAdvisor Holdings'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 )
=1366 / 1788
=(Revenue - Cost of Goods Sold) / Revenue
=(1788 - 422) / 1788
=76.40 %

Liberty TripAdvisor Holdings'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 )
=286 / 390
=(Revenue - Cost of Goods Sold) / Revenue
=(390 - 104) / 390
=73.33 %

* 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 TripAdvisor Holdings  (OTCPK:LTRPB) 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 TripAdvisor Holdings had a gross margin of 73.33% for the quarter that ended in Dec. 2023 => 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.


Liberty TripAdvisor Holdings Gross Margin % Related Terms

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Liberty TripAdvisor Holdings (Liberty TripAdvisor Holdings) Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty TripAdvisor Holdings Inc provides online travel site services and online retail through its subsidiary TripAdvisor. Tripadvisor operates across three reportable segments: Tripadvisor Core, Viator, and TheFork.The Tripadvisor brand offers travelers and experience seekers an online platform for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points of interest, experiences, accommodations, restaurants, and cruises. Viator's online marketplace is comprehensive, connecting travelers to bookable tours, activities and attractions. TheFork provides an online marketplace that enables diners to discover and book online reservations at more than 55,000 restaurants in 12 countries.