Gross Margin % is calculated as gross profit divided by its revenue. Take-Two Interactive Software's Gross Profit for the
three
months ended in Jun. 2022 was $667 Mil. Take-Two Interactive Software's Revenue for the
three
months ended in Jun. 2022 was $1,102 Mil. Therefore, Take-Two Interactive Software's Gross Margin % for the quarter that ended in Jun. 2022 was 60.48%.
The historical rank and industry rank for Take-Two Interactive Software's Gross Margin % or its related term are showing as below:
TTWO'
s Gross Margin % Range Over the Past 10 Years
Min: 26.6 Med: 42.71 Max: 56.19
Current: 56.74
During the past 13 years, the highestGross Margin % of Take-Two Interactive Software was 56.19%. The lowest was 26.60%. And the median was 42.71%.
TTWO's Gross Margin % is ranked worse than 53.51% of 527
companies
in the Interactive Media industry
Industry Median: 60.56
vs TTWO: 56.74
Take-Two Interactive Software had a gross margin of 60.48% for the quarter that ended in Jun. 2022 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Take-Two Interactive Software was 5.30% per year.
Take-Two Interactive Software Gross Margin % Historical Data
The historical data trend for Take-Two Interactive Software'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.
Take-Two Interactive Software Annual Data
Trend
Mar13
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Gross Margin %
49.90
42.90
50.07
54.49
56.19
Take-Two Interactive Software Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Gross Margin %
59.46
46.79
61.21
57.14
60.48
Competitive Comparison
For the Electronic Gaming & Multimedia subindustry, Take-Two Interactive Software'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.
Take-Two Interactive Software Gross Margin % Distribution
For the Interactive Media industry and Communication Services sector, Take-Two Interactive Software's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Take-Two Interactive Software's Gross Margin % falls into.
* 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.
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
Take-Two Interactive Software had a gross margin of 60.48% for the quarter that ended in Jun. 2022 => 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.
Take-Two Interactive Software Gross Margin % Related Terms
Thank you for viewing the detailed overview of Take-Two Interactive Software's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Take-Two Interactive Software Business Description
Found in 1993, Take-Two consists of two wholly owned labels, Rockstar Games and 2K. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom."
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
1.72(1.26%) Volume: 352,896 9:30AM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:TTWO has been successfully added to your 
