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Natures Sunshine Products (Natures Sunshine Products) Gross Margin %

: 71.90% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Natures Sunshine Products's Gross Profit for the three months ended in Dec. 2023 was $78.3 Mil. Natures Sunshine Products's Revenue for the three months ended in Dec. 2023 was $108.9 Mil. Therefore, Natures Sunshine Products's Gross Margin % for the quarter that ended in Dec. 2023 was 71.90%.


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

NATR' s Gross Margin % Range Over the Past 10 Years
Min: 71.05   Med: 73.72   Max: 75
Current: 72.11


During the past 13 years, the highest Gross Margin % of Natures Sunshine Products was 75.00%. The lowest was 71.05%. And the median was 73.72%.

NATR's Gross Margin % is ranked better than
95.46% of 1805 companies
in the Consumer Packaged Goods industry
Industry Median: 24.96 vs NATR: 72.11

Natures Sunshine Products had a gross margin of 71.90% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Natures Sunshine Products was -0.70% per year.


Natures Sunshine Products Gross Margin % Historical Data

The historical data trend for Natures Sunshine Products'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.

Natures Sunshine Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.07 73.71 74.00 71.05 72.11

Natures Sunshine Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 72.18 70.83 72.61 73.05 71.90

Competitive Comparison

For the Packaged Foods subindustry, Natures Sunshine Products'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.


Natures Sunshine Products Gross Margin % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Natures Sunshine Products's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Natures Sunshine Products's Gross Margin % falls into.



Natures Sunshine Products Gross Margin % Calculation

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

Natures Sunshine Products'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 )
=321.1 / 445.32
=(Revenue - Cost of Goods Sold) / Revenue
=(445.32 - 124.193) / 445.32
=72.11 %

Natures Sunshine Products'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 )
=78.3 / 108.936
=(Revenue - Cost of Goods Sold) / Revenue
=(108.936 - 30.613) / 108.936
=71.90 %

* 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.


Natures Sunshine Products  (NAS:NATR) 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

Natures Sunshine Products had a gross margin of 71.90% 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.


Natures Sunshine Products Gross Margin % Related Terms

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


Natures Sunshine Products (Natures Sunshine Products) Business Description

Traded in Other Exchanges
N/A
Address
2901 West Bluegrass Boulevard, Suite 100, Lehi, UT, USA, 84043
Natures Sunshine Products Inc is a natural health and wellness company, primarily engaged in the manufacturing and selling of nutritional and personal care products. The company markets its products in Australia, Austria, Belarus, Canada, Colombia, Costa Rica, the Czech Republic, Denmark, the Dominican Republic, Ecuador, El Salvador, Finland, Germany, Guatemala, Honduras, Hong Kong, and in various other countries. The company operates in four segments namely, Asia, Europe, North America, and Latin America and Other. It offers products related to general health, immunity, cardiovascular, digestive, personal care and weight management.
Executives
Daniel C Norman officer: EVP & President, Asia 2901 WEST BLUEGRASS BLVD., SUITE 500: LEGAL DEPARTMENT, LEHI UT 84043
Nathan G Brower officer: EVP, General Counsel 2901 W BLUEGRASS BLVD, SUITE 100, LEHI UT 84043
Sarah Crockett officer: Global Chief Marketing Officer 2901 WEST BLUEGRASS BLVD., LEHI UT 84043
Bryant J Yates officer: Pres Nature's Sunshine Int'l 2500 W EXECUTIVE PARKWAY, SUITE 100, LEHI UT 84043
Kevin R. Herbert officer: EVP & President, North America 2901 WEST BLUEGRASS BLVD., LEHI UT 84043
Rong Yang director 2901 WEST BLUEGRASS BLVD., STE 100, LEHI UT 84043
Tracee Comstock officer: VP, Human Resources 2901 WEST BLUEGRASS BLVD., STE 100, LEHI UT 84043
Jonathan David Lanoy officer: SVP, Finance - Interim CFO C/O NATURE'S SUNSHINE PRODUCTS, INC., LEHI UT 84043
Leslie Shane Jones officer: EVP & Chief Financial Officer 2901 W. BLUEGRASS BLVD., LEHI UT 84043
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Terrence Moorehead director, officer: Chief Executive Officer C/O 2901 W. BLUEGRASS BLVD, STE 500, LEHI UT 84043
Edward Silcock officer: EVP & President, North America 2901 WEST BLUEGRASS BLVD., SUITE 500: LEGAL DEPARTMENT, LEHI UT 84043
Martin A. Gonzalez officer: EVP, Global Supply Chain C/O 2901 W. BLUEGRASS BLVD., ATTN: LEGAL DEPARTMENT, LEHI UT 84043
Tess Roering director C/O NATURE'S SUNSHINE PRODUCTS, INC., 2901 W. BLUEGRASS BLVD., LEHI UT 84043
Curtis Kopf director C/O NATURE'S SUNSHINE PRODUCTS, INC., 2901 WEST BLUEGRASS BLVD. STE 500, LEHI UT 84043